UNITED STATES · COST OF SELLING A HOME
Home Sale Net Proceeds Calculator
A $500,000 sale price is not the amount you walk away with. Subtract the full bank payoff quote, negotiated broker fees, escrow, property taxes and the seller costs in your contract.
Enter your figures
Figures are calculated in this browser; entered personal amounts are not required to be sent to our servers.
Calculation results
Estimate only: confirm lender payoff letter, escrow, taxes, prorations and agent contract.
Estimate only. A bank, employer, tax office or lender may apply additional conditions. See the scope and source below.
When and how to use this calculator
On a $500,000 sale, subtract $300,000 mortgage payoff, 5% negotiated commission ($25,000), $5,000 title/transfer costs, $2,000 credits and $1,000 other liens. The estimate remaining is $167,000.
- Start with a realistic offer or sale price, not an automated home-value estimate.
- Get a payoff LETTER from the servicer for the projected closing date; your latest statement balance may exclude accrued interest or payoff charges.
- Enter your negotiated total broker compensation and cash outflows from the preliminary closing disclosure. Check property-tax prorations, transfer taxes and capital-gains tax separately.
Understand your result
Simple sale cash flow. Real estate transfer and settlement expenses vary by state and contract. No home-sale exclusion, income tax, property-tax prorations unless entered, commissions negotiated or quote validation.
Questions people ask
Are broker commissions fixed at 5%?
No. Broker compensation is negotiated and differs by transaction; the percentage entered here is only an illustration.
Is mortgage principal on my monthly statement enough?
No. Your loan payoff quote can also include accrued interest, escrow and other settlement adjustments.
Will I owe federal capital gains tax?
Possibly. Home-sale gain exclusions depend on ownership and use tests. This tool does not calculate capital gains or tax.
Reference and calculation scope
Source material is provided for independent checking. Our calculator is not a government or bank service.