Home Sale Proceeds Calculator
Estimate your net profit after selling your property
Your Estimated Net Proceeds
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Cost Breakdown
Understanding Your Results
Closing Costs
Fees associated with transferring property ownership, including title insurance, attorney fees, and transfer taxes.
Real Estate Commission
Percentage paid to real estate agents (typically 5-6% of sale price split between buyer/seller agents).
Net Proceeds
Final amount you receive after paying off mortgage and all selling-related expenses.
Understanding Your Home Sale Proceeds
Key Terms
- Net Proceeds: The final amount you’ll receive after all expenses and debt payoffs are subtracted from your home’s sale price.
- Home Equity: The difference between your home’s market value and your remaining mortgage balance.
- Agent Commission: The fee paid to real estate agents, typically 5-6% of the sale price, split between buyer’s and seller’s agents.
- Agent Rebate: Some agents offer a rebate of part of their commission back to you.
- Transfer Tax: A tax imposed by state or local governments when property changes ownership.
- Title Insurance: Protects against issues with the property’s title or legal ownership.
- Escrow Fee: The cost for a third party to handle the transfer of property and funds.
- Seller Concessions: Money the seller agrees to pay toward the buyer’s closing costs.
Tips to Maximize Your Net Proceeds
- Consider negotiating real estate agent commissions, especially in a hot market.
- Obtain multiple quotes for title insurance and escrow services.
- Time your sale during peak selling seasons, when homes typically sell for more.
- Make strategic home improvements that increase value more than they cost.
- Compare costs if you’re considering selling without an agent (FSBO).
