Free Net Proceeds Calculator
Calculate the net cash you receive after selling a home, accounting for mortgage payoff, commissions, closing costs, and repairs.
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Net Proceeds
$164,000
Total Selling Costs$36,000
Real Estate Commission$25,000
Transfer Tax$2,500
Selling Costs as % of Sale7.2%
Equity Before Selling Costs$200,000
Net Proceeds vs Expected Sale Price
Calculating Net Proceeds
Net proceeds represent the actual cash you walk away with after selling your home. Understanding this number is critical for planning your next purchase or investment.
Formula
Net Proceeds = Sale Price - Mortgage Payoff - All Selling Costs
Common Selling Costs
What Reduces Your Proceeds
Selling costs typically total 7-10% of the sale price. On a $500,000 sale, expect $35,000-$50,000 in costs before receiving your check.
Example Calculation
Selling for $500,000 with $300,000 mortgage, 5% commission, 0.5% transfer tax, $2,500 title fees, $5,000 repairs, $1,000 other costs.
- 01Commission: $500,000 x 5% = $25,000
- 02Transfer tax: $500,000 x 0.5% = $2,500
- 03Title & escrow: $2,500
- 04Repairs & concessions: $5,000
- 05Other costs: $1,000
- 06Total selling costs: $25,000 + $2,500 + $2,500 + $5,000 + $1,000 = $36,000
- 07Net proceeds: $500,000 - $300,000 - $36,000 = $164,000
- 08Selling costs as % of sale: 7.2%