Florida Amendment 3: Mortgage Expert Shows How a $1,816 Tax Cut Could Still Leave a $6,355 Bill

Free Central Florida guide and calculator help homeowners compare potential savings with remaining taxes—and explain why buyers need their own estimate.

ORLANDO, FL, UNITED STATES, October 5, 2026 /EINPresswire.com/ — Saving $1,816 a year in property taxes would be meaningful relief. Still owing $6,355 would matter just as much to a household budget. A new Florida Amendment 3 guide from Mortgage Expert uses a Lake Mary home to explain both sides of the proposed tax break.

The guide and calculator are available at:
https://mortgageexpert.com/florida-amendment-3-property-tax/

The free guide combines local examples with an educational calculator so homeowners can compare potential savings with the estimated taxes that would remain. It also explains why buyers should not assume the seller’s tax bill will become their own.

The Lake Mary example shows estimated annual taxes falling from $8,171 under current rules to $6,355 with the proposed 2028 exemption—a reduction of about 22%. But that percentage is not a statewide savings estimate. A home’s assessed value, local tax rates and exemption eligibility affect the result.

School taxes would remain. Separate assessments can remain, too. And for someone buying a home, the seller’s current tax bill may be the wrong starting point altogether.

Beyond the headline exemption

The guide includes example tax rates for Seminole, Orange, Osceola and Lake counties, alongside explanations of:

• Potential savings and the estimated taxes still owed.
• Why a lower assessed value can produce a different percentage reduction.
• How reassessment after a purchase can change a buyer’s tax bill.
• Why existing residents and people moving to Florida may qualify on different timelines.

The calculator requires no contact information.

Voters decide Amendment 3 on November 3, 2026. It requires 60% approval. For qualifying homeowners meeting its existing-residency requirement, the nonschool homestead exemption would increase to $150,000 in 2027 and $250,000 in 2028. The standard $25,000 school-tax exemption would remain unchanged.

The Lake Mary example uses a home assessed at $610,216 before exemptions. It belongs to Shahram Sondi, a licensed mortgage loan originator with Mortgage Expert and a Certified Mortgage Advisor™.

“I ran my own home through the calculation first,” Sondi said. “Saving about $1,800 a year matters. So does knowing I would still owe about $6,400. Homeowners need both numbers.”

The illustration holds 2026 assessed values and tax rates constant, assumes standard homestead eligibility without additional exemptions, and excludes separate assessments and early-payment discounts. It is educational, not a guaranteed future bill. Buyers should obtain a property-specific estimate before budgeting a purchase.

The guide identifies its sources, rate status and calculation methods and does not recommend a vote.

The full explanation, county examples and calculator are available at:
https://mortgageexpert.com/florida-amendment-3-property-tax/

About Mortgage Expert

Mortgage Expert, Inc. is an Orlando-based Florida mortgage broker, NMLS #2412313. Shahram Sondi is a licensed mortgage loan originator, NMLS #186790, and Certified Mortgage Advisor™ who has originated mortgages since 2001.

Shahram Sondi
Mortgage Expert, Inc.
+1 407-906-6414
sondi@mortgageexpert.com

Media gallery