- Principal
- The initial amount of money on which interest, returns, or tax liabilities are calculated.
- Interest rate
- The percentage charged or earned per period on the principal, expressed as an annual rate unless stated otherwise.
- Compounding
- The process by which interest is added to the principal so that subsequent interest is earned on the combined amount.
- Present value
- The current worth of a future sum, discounted at a given rate to account for the time value of money.
- Transfer tax by state
- A key concept referenced by the US Transfer Tax by State: Look up real estate transfer tax rates for all 50 states. Ranges from 0 (no state tax: Montana, New Mexico, TX, etc.) to 1.5% (Vermont). Pennsylvania 1% state + 1% local typical. Delaware 2% + 0.75% local.
- Real estate transfer tax US
- A key concept referenced by the US Transfer Tax by State: Look up real estate transfer tax rates for all 50 states. Ranges from 0 (no state tax: Montana, New Mexico, TX, etc.) to 1.5% (Vermont). Pennsylvania 1% state + 1% local typical. Delaware 2% + 0.75% local.
- Deed transfer tax
- A key concept referenced by the US Transfer Tax by State: Look up real estate transfer tax rates for all 50 states. Ranges from 0 (no state tax: Montana, New Mexico, TX, etc.) to 1.5% (Vermont). Pennsylvania 1% state + 1% local typical. Delaware 2% + 0.75% local.
- Conveyance tax
- A key concept referenced by the US Transfer Tax by State: Look up real estate transfer tax rates for all 50 states. Ranges from 0 (no state tax: Montana, New Mexico, TX, etc.) to 1.5% (Vermont). Pennsylvania 1% state + 1% local typical. Delaware 2% + 0.75% local.
- Property transfer tax
- A key concept referenced by the US Transfer Tax by State: Look up real estate transfer tax rates for all 50 states. Ranges from 0 (no state tax: Montana, New Mexico, TX, etc.) to 1.5% (Vermont). Pennsylvania 1% state + 1% local typical. Delaware 2% + 0.75% local.