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Philippines Property Closing Cost Calculator

Estimate the total closing costs to buy Philippine real property, including capital gains tax, documentary stamp tax, and transfer tax.

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Total closing costs to buy property: CGT, DST, transfer tax, and registration.

Buyer closing costs

Documentary stamp tax

Transfer tax

Capital gains tax

Who pays what when a Philippine property changes hands

Buying a titled home or lot in the Philippines is rarely just the price on the deed. A handful of taxes and fees land on the parties at signing, and the deed of sale will not transfer cleanly at the Registry of Deeds until they are paid and stamped. This calculator pulls those charges together and shows what falls on the buyer, because that is the side most people underbudget. The three moving parts are the capital gains tax, the documentary stamp tax, and the local transfer tax, all charged on the higher of the selling price or the fair market value.

By long-standing custom the seller shoulders the capital gains tax while the buyer carries the documentary stamp tax, the local transfer tax, and the Registry of Deeds registration fee. That split is a market convention, not a rule written into law, so a deed can assign it differently. The dropdown lets you move the capital gains tax to the buyer to model exactly that. The tax rates here, the 6 percent capital gains rate and the 1.5 percent documentary stamp rate this calculator applies, should be confirmed against the current Bureau of Internal Revenue (BIR) issuances before you sign anything.

The buyer's running total, line by line

The tool works on a single base, the larger of what you agreed to pay and the assessor's fair market value, then layers each charge on top. Two of them always sit with the buyer under the default split, and the third is optional.

A PHP 5 million sale in Metro Manila

Take the default scenario: a PHP 5,000,000 selling price, a matching PHP 5,000,000 fair market value, a city location, and the seller paying the capital gains tax. Using the rates this calculator applies, the buyer's side comes together like this.

Charge Rate applied Amount

The buyer walks away owing PHP 112,500 in taxes, roughly 2.25 percent of the price, before the graduated Registry of Deeds registration fee that the calculator flags separately. The seller, meanwhile, faces a PHP 300,000 capital gains tax on that same base. The chart below shows how the buyer's total is built and how much larger it gets the moment the capital gains tax shifts across the table.

When the capital gains tax lands on the buyer

Sellers sometimes quote a price net of taxes, expecting the buyer to absorb everything. Switch the dropdown to buyer and the same PHP 5,000,000 deal jumps to PHP 412,500 in buyer-side taxes, because the PHP 300,000 capital gains tax now rides along. That is a PHP 300,000 swing on one toggle, so it is worth nailing down in writing before you shake hands. A practical tip: whoever is named in the deed of sale as the one paying a tax is the one the BIR will chase, so put the agreed split in the contract rather than relying on a handshake.

Costs this calculator leaves out

The estimate covers the three transfer taxes, which are the big, percentage-based numbers. It does not model the Registry of Deeds registration fee, which follows a graduated schedule under the Land Registration Authority and runs into the low tens of thousands of pesos on a mid-priced home. It also leaves out notarial fees, which often track a small percentage of the price, broker commissions, and any unpaid real property tax the seller must clear first. Build a small buffer on top of the figure here so the final settlement statement does not surprise you.

Can the buyer and seller legally swap who pays the capital gains tax?

Yes. The customary split is just a market default, and the deed of sale can place any of these taxes on either party. What matters to the BIR is what the document says and that the tax is actually paid within the filing window, so spell the arrangement out clearly in the contract to avoid a dispute later.

Why does the calculator use fair market value instead of my agreed price?

It uses whichever is higher. The BIR and the local treasurer both base their taxes on the greater of the selling price or the assessor's fair market value so that an artificially low contract price cannot shrink the tax. If your agreed price is below the assessed value, expect the taxes to be computed on the assessed value instead.

Does this estimate change if I buy from a developer?

It can. A property sold by a developer in the ordinary course of business is usually an ordinary asset rather than a capital asset, so instead of the 6 percent capital gains tax it may attract creditable withholding tax and possibly value added tax. The closing-cost mix differs in that case, so confirm the treatment with the developer and the BIR.

Frequently asked questions

What closing costs does a property buyer pay in the Philippines?
By custom the seller pays the 6% capital gains tax, while the buyer pays the 1.5% documentary stamp tax, the local transfer tax of 0.5% to 0.75%, and the Registry of Deeds registration fee. Parties can agree to a different split in the deed of sale, so the capital gains tax sometimes shifts to the buyer. All taxes use the higher of selling price or fair market value as the base.
What is the documentary stamp tax rate on a Philippine property sale?
The documentary stamp tax on the sale of real property in the Philippines is 1.5 percent of the higher of the consideration or the fair market value at the time of notarization of the deed of sale. It is typically the buyer's responsibility under the customary split, although the deed can assign it differently. The tax must be paid to the BIR within five days after the close of the month the document is made.
How is fair market value determined for Philippine property tax purposes?
The BIR uses the higher of two benchmarks: the selling price stated in the deed of sale, and the fair market value published by the Commissioner of Internal Revenue or by the provincial or city assessor, whichever is higher. This prevents understated contract prices from reducing the tax base. If you purchase a property below its assessed value, all transfer taxes including the capital gains tax and documentary stamp tax will be computed on the assessed value, not the agreed price.
When must Philippine property transfer taxes be paid after a sale?
The capital gains tax must be filed and paid to the BIR within 30 days of each instalment payment or the full sale, whichever applies. The documentary stamp tax is due within five days after the close of the month the deed is notarized. The local transfer tax is paid to the treasurer of the city or municipality where the property is located, usually before the Registry of Deeds will accept the documents for registration. Missing these windows attracts surcharges, interest, and penalties.

Related calculators

Sources

  1. BIR — Income Tax (TRAIN Law Rates), Bureau of Internal Revenue, Philippines
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