For most clients, none. For all loan documents executed in Florida, a stamp tax of 0.35% (for example $21 on a loan of $6,000) is levied by the state government. Earnest applies the stamp tax upfront by debiting the amount from your bank account on the day following the initial loan transfer for personal loans. The transaction will be labeled “FL Documentary Stamp Tax.” All of this tax goes directly to the Florida Department of Revenue. For student loan refinances, Earnest will add the stamp tax to the total loan balance.