Seller Net Proceeds Calculator
Estimate what you will walk away with when you sell your home, after loan payoffs, commission, closing costs, transfer taxes and property taxes.
Seller Net Proceeds Calculator
Payoffs · Commission · Closing costs · Net to seller
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How to Use the Seller Net Proceeds Calculator
- Enter your sale price and your mortgage and HELOC payoff amounts.
- Choose your agent commission and enter any seller-paid costs, title and settlement fees and transfer tax.
- Enter your property taxes owed and any HOA, repair or other costs.
- Click Calculate Net Proceeds.
The seller net proceeds calculator shows your estimated proceeds at closing and a line-by-line breakdown of costs. Update the seller net proceeds calculator when you receive your payoff quote and settlement figures.
How Seller Net Proceeds Are Figured
Your net proceeds are the sale price minus everything paid out of it at closing: your mortgage payoff and any second mortgage or HELOC, agent commission, any costs you agreed to pay for the buyer, title and settlement fees, transfer taxes, property taxes you still owe for the year, HOA charges, and repair credits.
Costs that vary the most
- Agent commission: negotiable. Pick the rate you expect to pay.
- Transfer tax: some states and counties charge one and others do not, and who pays can depend on local law or your contract. Our state closing cost guides cover each state.
- Property taxes: depending on your area, taxes may be paid ahead or behind, so you may owe a share at closing or get a credit.
Seller Net Proceeds FAQ
Why is my payoff higher than my loan balance?
A payoff quote includes interest owed up to the payoff date and any fees. Request a payoff statement from your servicer for the exact amount.
What if the result is negative?
A negative result means the costs and payoffs are more than the sale price, so you may need to bring money to closing.
How do selling costs affect taxes?
IRS Publication 523, Selling Your Home, explains how selling expenses are treated when you figure any gain. Check with a tax professional for your situation.
