Net Proceeds from Home Sale Calculator
See what you'd actually walk away with after commission, closing costs, and your mortgage payoff.
Closing costs here are seller-side only (title/escrow fees, transfer taxes, prorated property tax, and similar), separate from commission. They typically run about 1% to 3% of sale price depending on your state; check with a local title company or agent for an exact figure. Your entries save in this browser.
What net proceeds actually means
Net proceeds is the number that matters most to a seller: what you walk away with after everyone else gets paid. Most commission calculators stop at the commission dollar amount. This one goes further and subtracts everything else that comes out of a home sale at closing: commission, closing costs, and your remaining mortgage balance.
What comes out of the sale price
- Commission: split between the listing agent and buyer's agent, at whatever rates you've negotiated (national average is 5.70% total).
- Closing costs: title insurance, escrow or attorney fees, transfer taxes, and prorated property taxes. These typically run 1% to 3% of the sale price on the seller's side, and vary a lot by state, so check with a local title company for an exact number.
- Mortgage payoff: whatever you still owe on the home, including any second mortgage or home equity line.
- Seller concessions: anything you've agreed to credit the buyer, like help with their closing costs or repairs.
Worked example
Selling a $400,000 home with a $200,000 mortgage balance, national-average commission (5.70%), and 1.5% closing costs:
| Item | Amount |
|---|---|
| Sale price | $400,000 |
| Commission (5.70%) | -$22,800 |
| Closing costs (1.5%) | -$6,000 |
| Mortgage payoff | -$200,000 |
| Net proceeds | $171,200 |
When the number goes negative
If your mortgage payoff plus commission and closing costs add up to more than the sale price, net proceeds goes negative. That means you'd owe money at closing rather than receive it, sometimes called being "underwater" on the sale. This calculator shows that number as-is rather than hiding it at zero, since knowing you'd need to bring cash to the table (or negotiate a short sale) matters more than a tidy-looking result.
Frequently asked questions
- What is net proceeds from a home sale?
- Net proceeds is what’s left of the sale price after paying real estate commission, closing costs, and your remaining mortgage balance: the actual amount you take home from the closing table.
- How much are closing costs for a seller?
- Seller-side closing costs typically run about 1% to 3% of the sale price, covering things like title insurance, escrow or attorney fees, transfer taxes, and prorated property taxes. They vary by state, so ask a local title company for a precise number.
- Can net proceeds be negative?
- Yes. If your mortgage payoff, commission, and closing costs add up to more than the sale price, you’d need to bring money to closing instead of receiving any. This is more common with a high mortgage balance relative to the home’s value or a big drop in local prices.
- Does this include capital gains tax?
- No. This calculator covers the costs paid directly out of the sale at closing (commission, closing costs, mortgage payoff, concessions). Capital gains tax, if any is owed, is a separate calculation based on your purchase price, improvements, and how long you owned the home. Talk to a tax professional for that number.