Home Sale Proceeds Calculator
Estimate your net cash walkaway proceeds from selling a home after deducting agent commissions, seller closing costs, repair/staging expenses, and your remaining mortgage payoff.
Home Sale Price, Payoff & Selling Expenses
Total Selling Costs: 7.37% of Sale Price
Net Home Sale Proceeds Formula
Net Sale Proceeds = Home Selling Price โ (Agent Commission + Closing Costs + Repairs/Staging + Other Expenses) โ Mortgage Payoff- Total Selling Costs = Real Estate Commission + Seller Closing Costs + Repair & Staging Expenses + Other Concessions.
- Estimated Net Proceeds = Gross Selling Price โ Total Selling Costs โ Remaining Mortgage Balance.
- Supports entering real estate commission as either a percentage of sale price or a flat dollar figure.
Step-by-Step Worked Example
Calculation Steps:
- Total Selling Costs = $28,875 + $9,800 = $38,675 (7.37% of sale price)
- Net Proceeds = $525,000 โ $38,675 โ $285,000 = $201,325.00
How to Use This Calculator
- 1Enter your expected home selling price and remaining mortgage payoff balance.
- 2Specify your real estate commission as a percentage or flat dollar amount.
- 3Enter estimated seller closing costs, pre-sale repair/staging costs, and any buyer concessions.
Assumptions & Limitations
- Mortgage payoff uses your entered principal balance; your actual lender payoff statement may include a few days of per-diem interest and a small reconveyance/recording fee.
- Pre-tax cash proceeds; use the Capital Gains on Home Sale Calculator to evaluate potential tax basis and exclusions.
Frequently Asked Questions
Is my net sale proceeds amount the same as my capital gain?
No. Net sale proceeds measure the cash you walk away with after paying off your mortgage loan, whereas capital gain is based on your original purchase price and capital improvements (adjusted cost basis), regardless of how big or small your mortgage is.
What happens if my mortgage balance and selling costs exceed the selling price?
The calculator will show a negative net proceeds figure, indicating the amount of cash the seller would need to bring to the closing table (or negotiate with the lender as a short sale).
Related Cost Calculators
Real Estate Commission Calculator
Calculate total real estate agent commission dollars, additional broker transaction fees, and gross seller proceeds before payoff.
Seller Closing Cost Calculator
Calculate itemized seller closing costs including agent commissions, owner title insurance, settlement fees, and state/county transfer taxes.
Capital Gains on Home Sale Calculator
Estimate adjusted cost basis, net selling proceeds realized, realized capital gain, and gain after a user-entered exclusion.
Property Equity Calculator
Calculate net home equity in dollars, equity percentage share, Combined LTV (CLTV), and borrowable equity at an 80% LTV limit.