Closing Cost Calculator For Seller
Estimate your net proceeds from the sale of your home by calculating typical closing costs for sellers, including real estate commissions, transfer taxes, and other fees.
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How to use this tool?
This calculator estimates the net proceeds a home seller receives after deducting common closing costs.
- Enter Sale Price – The total amount the buyer pays for the property (e.g., 350000).
- Enter Commission Rate (%) – The real estate agent’s commission as a percentage (default 6%).
- Enter Transfer Tax Rate (%) – The local transfer tax percentage (default 0.5%).
- Enter Other Fees ($) – Any additional seller costs like attorney fees or title insurance (default 2000).
- Enter Mortgage Payoff ($) – The remaining loan balance to be paid at closing (default 250000).
- Click “Calculate” – The form validates all inputs and shows your results.
What you get:
- Gross Proceeds: The full sale price.
- Total Costs: Sum of commission, transfer tax, other fees, and mortgage payoff.
- Net Proceeds: Sale price minus total costs – your cash after closing.
- A detailed breakdown shows each cost component.
All monetary values are in US dollars. Percentages must be entered as numbers (e.g., 6 for 6%).
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Frequently Asked Questions
Typical seller closing costs include real estate commission (usually 5-6%), transfer taxes, title insurance, attorney fees, and any outstanding mortgage payoff. This calculator estimates the most common costs.
Net proceeds are calculated by subtracting total closing costs (commission, transfer tax, other fees, and mortgage payoff) from the sale price of the home.
Yes, the commission rate input allows you to enter any percentage between 0 and 100. The default is 6%, but you can adjust it to match your specific agreement.