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Mortgage Calculator.

What a New York purchase actually costs — the monthly payment and the cash to close — with the city’s taxes built in, for condos and co-ops alike.

The purchase
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Monthly costs
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Closing-cost assumptions
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Co-op buyers pay no mortgage recording tax and no title insurance. Switch the toggle above to compare.

$10,210
Estimated monthly payment
Principal & interest$7,585
Common charges$1,200
Property tax$1,300
Insurance$125
$352,350
Estimated cash to close$52,350 in costs · ≈3.5% of price
Down payment$300,000
Mansion tax$15,000
Mortgage recording tax$23,100
Title insurance$6,750
Attorney$4,000
Other closing fees$3,500
Loan amount$1,200,000
Loan-to-value80%

For planning only — an estimate, not a loan offer or a closing statement. Figures reflect New York City rates current as of June 2026: the state mansion tax (1%–3.9%, paid by the buyer on the full price), the mortgage recording tax (a buyer’s 1.8%–1.925% of the loan on condos and houses; co-ops are exempt), and title insurance on condos. New-development and sponsor sales can shift costs to the buyer; co-op flip taxes are set building by building. Your attorney and lender provide the binding numbers.