Tools · True cost
What will it really cost?
Monthly payment with real Rockland taxes, plus the NY closing costs most calculators skip: mansion tax and the 1.30% mortgage recording tax.
Estimated monthly payment
Estimated cash to close
Itemized closing costs
Mansion tax, mortgage recording tax, title, attorney and lender costs, line by line.
See the full itemized breakdown. Enter your name and mobile number. Moshe can also have a local lender double-check it, free.
How this works: principal and interest use the standard mortgage formula. PMI is an estimate (0.5% of the loan a year) when the down payment is under 20%. NY mansion tax is 1% of the price when a home sells for $1,000,000 or more, paid by the buyer (NYS Tax Law §1402-a, NY Tax Department). Rockland County mortgage recording tax is 1.30% of the loan (NY Tax Department Form MT-15, rev. 1/25, Table 5). On a 1 to 6 family home the lender pays 0.25% of it (Tax Law §253(1-a)(a)), and on a 1-2 family home the first $10,000 of the loan is left out of the 0.30% additional tax (NY Tax Department). Title, attorney, lender, recording, inspection and prepaid items are typical-range estimates, not quotes. In NY the seller usually pays the 0.4% state transfer tax. Every number here is an estimate. Information deemed reliable but not guaranteed.