field_block:node:page:title

Mortgage Registry Tax Historical Tax Rates

field_block:node:page:body
Year Mortgage Tax Rate
1907 $0.50 per $100 of principal debt being secured
1913

Mortgage term 5 years or less: $0.15 per $100 of principal debt
Mortgage term over 5 years: $0.25 per $100 if principal debt

1945 $.015 per $100 of principal debt for all mortgages
1987 $0.23 per $100 of principal debt being secured
2001

New calculation method:

  • New rate of 0.0023 multiplied by the amount of debt secured by the mortgage
  • Hennepin and Ramsey counties have an additional Environmental Response Fund (ERF) Tax of 0.0001

 

Contact Info