Net Proceeds Home Sale Calculator
Identify exactly how much cash the Escrow company will wire to your bank account after clearing the mortgage, closing costs, and realtor commissions.
Input your parameters to generate the Net Proceeds from Home Sale results.
How to Use This Calculator
Get accurate results in seconds by following these simple steps.
Enter Sale Price
Input your expected or agreed-upon property sale price.
Add Payoffs & Costs
Enter your remaining mortgage balance, realtor commissions, and closing expenses.
See Your Net Check
View exactly how much cash the title company will wire to your bank account.
Why Use This Tool?
No Surprises at Closing
Know your take-home cash before you accept an offer or list the property.
Commission Impact
See exactly how much realtor fees consume from your gross equity.
Short Sale Detection
If net proceeds are negative, you know to negotiate with your lender before listing.
How to Predict Your Net Check
When you sell a home, you do not get to keep the entire sale price—and you don't even get to keep your entire equity. Hundreds of thousands of dollars are automatically deducted at the closing table.
First, the title company must legally execute a final 'payoff' of your existing mortgage balance. Then, they deduct the selling costs. As the seller, you traditionally pay 100% of the realtor commissions (which averages 5% to 6% of the total sale price, split between the buyer's and seller's agents).
Finally, the escrow officer will deduct standardized state transfer taxes, prorated HOA and property tax bills, title insurance policies, and any seller concessions you agreed to pay the buyer. Only after all these debts are cleared is the final 'Net Proceeds' wire mapped straight to your bank account.
Frequently Asked Questions
Property taxes are often paid in arrears. When you sell a house on June 30th, you physically owned it for half the year, so you owe half the year's taxes to the county. The settlement agency automatically deducts this from your proceeds so the new buyer isn't stuck paying your bill.
If your selling costs and mortgage payoff exceed the total sale price, you are engaged in a 'Short Sale'. You must physically bring a certified check to the closing table to pay off the bank, or negotiate loan forgiveness before closing.
Ready to make smarter financial decisions?
Explore our full suite of 50+ professional-grade mortgage and real-estate calculators.
Browse All ToolsExplore More Calculators
50+ free mortgage and real estate tools