Seller Net Proceeds Calculator
What is left after the mortgage, the commission and the costs of selling.
Result
Net proceeds: $97,031.92Estimate
This is cash at closing, before any tax on the gain. The commission rate and every cost are the ones you enter; the site publishes no norm for either.
- Commission
- $17,600.00
- Seller-paid costs
- $4,230.00
- Total deducted from the price
- $222,968.08
- Net proceeds as a share of price
- 30.32%
https://calcgallery.com/home-buying/seller-net-proceeds-calculator/
Results are arithmetic from the figures you enter, not legal, tax, lending or settlement advice. Fees vary by state, lender and negotiation, and the site quotes none of them. Check your Loan Estimate, Closing Disclosure or settlement statement for the real numbers. Read the full disclaimer
How to use the Seller Net Proceeds Calculator
- Enter the sale price and the payoff figure from your lender.
- Set the commission rate you agreed and list the costs you are paying.
- Add any tax proration credited to the buyer at closing.
What is left
net proceeds = sale price − mortgage payoff − commission − seller-paid costs − anything credited to the buyerEvery line after the first reduces what reaches you, and the largest two are usually the payoff and the commission.
The payoff is not your balance
This is the most common overestimate. The balance on your statement is what you owed on the statement date. A payoff quote adds interest to the day you actually close and any fee the servicer charges for closing the loan. Ask for it rather than estimating it, particularly if closing is weeks away.
Credits and prorations
A repair credit, a closing cost credit and a tax proration all have the same effect on your proceeds even though they appear in different places on a settlement statement: they reduce what you take away. Enter them as costs or as the proration figure and the total is the same.
What the site will not supply
There is no typical commission rate here and no estimate of what selling costs. Both vary by market, by agreement and by what you negotiate, and a quoted figure would be a number you could not check. Every line on this page is one you entered.
With your numbers
- Commission = $320,000.00 × 5.5% = $17,600.00
- Deducted in total = $222,968.08
- Net proceeds = $320,000.00 − $222,968.08 = $97,031.92
Quick reference
This is cash at closing, before any tax on the gain. The commission rate and every cost are the ones you enter; the site publishes no norm for either.
| Example | Net proceeds |
|---|---|
| Worked example at 5.5% | $97,031.92 |
| Lower commission | $101,831.92 |
| No mortgage | $295,431.92 |
| Sold without an agent | $117,461.92 |
| Higher payoff than equity | -€14,330.00 |
| Larger sale | €273,920.00 |
Common questions about the Seller Net Proceeds Calculator
- Is the payoff the same as my current balance?
- No, and using the balance will overstate your proceeds. A payoff figure includes interest to the closing date and any fees, so ask your servicer for the real one.
- What commission should I enter?
- Whatever you agreed. Commission is negotiable and varies, and this site publishes no norm for it. Enter zero if you are selling without an agent.
- Does this include tax on the gain?
- No. This is cash at closing. Whether any of it is taxable depends on your circumstances, how long you owned the property and rules that change, none of which a calculator should assume.
- Why does the tax proration reduce my proceeds?
- If taxes are billed in arrears you occupied part of the year without paying for it, so you credit the buyer at closing. Work out the figure on the proration calculator and enter it here.
- What if the payoff is more than the sale price?
- The result is negative, and the page shows it as negative rather than hiding it. That is money you would need to bring to closing.