Home Sale Net Proceeds Calculator

What your net proceeds actually are

Your net proceeds are what you keep after a home sale — not the sale price. In plain terms:

Net proceeds = sale price − mortgage payoff − selling costs − commissions − other deductions.

The gap between your contract price and the check you walk away with is usually larger than sellers expect. This calculator estimates that number by starting from your agreed sale price and subtracting the costs that come out at closing. It is an estimate to help you plan; your closing statement (the ALTA/Closing Disclosure your settlement agent prepares) is the authoritative figure. For the full picture of listing, pricing, and closing a sale, see our guide to selling your home.

How this calculator works

The tool takes your sale price and subtracts each cost that a seller typically pays at closing. Here is what each deduction represents and where the typical ranges come from.

• Mortgage payoff — the amount required to fully release your loan on the closing date (see the payoff section below). Enter your payoff, not your last statement balance.
• Agent commission — historically quoted near a combined 5–6%, but commission is fully negotiable and there is no standard rate. As of July 2026 the national average total commission runs around 5.5–5.7% of sale price when a seller pays both sides (Offerpad, 2026 commission rates). Post-NAR-settlement (see below), you may pay only your listing agent and negotiate buyer-agent compensation separately, so do not assume a fixed 6%.
• Seller-paid closing costs — title, escrow/settlement fees, owner’s title policy (varies by state/custom), recording, and prorated property taxes. These commonly land in the 1–3% of sale price range for sellers, excluding commission (Opendoor, who pays commission, as of July 2026).
• Transfer taxes — state/county/city taxes on the deed transfer. Rates vary widely by jurisdiction (some states have none), and who pays is set by local custom or negotiation. Confirm your state/county rate before relying on a figure.
• Concessions — credits you agree to give the buyer (closing-cost help, rate buydowns). Post-settlement, buyer-agent compensation is often negotiated here as a concession.
• Repairs — pre-listing fixes or post-inspection credits negotiated with the buyer.

About commissions after the 2024 NAR settlement

The August 2024 National Association of Realtors settlement changed how buyer-agent pay works. Buyer-agent compensation can no longer be advertised on the MLS, buyers now sign written buyer-broker agreements, and any amount a seller pays toward the buyer’s agent is negotiated directly (often as a concession). The practical effect: the old “seller automatically pays ~6% split two ways” assumption is no longer a safe default. Sellers may pay only their listing agent, or negotiate a partial buyer-agent contribution.

What reduces your net proceeds

These are the line items sellers most often underestimate:

• Commission — usually the single largest deduction, even at negotiated rates.
• Mortgage payoff including per-diem interest — the payoff exceeds your statement balance (see below).
• Prorated property taxes — you owe taxes for the days you owned the home in the current period.
• Owner’s title insurance and settlement/escrow fees — in many markets the seller customarily pays the owner’s policy; this varies by state.
• Transfer/recording taxes — can be substantial in high-tax jurisdictions.
• Buyer concessions and repair credits — negotiated late in the deal, easy to forget when estimating.
• HOA transfer fees, home warranty, and any liens or second mortgages — smaller but real.

How to estimate your mortgage payoff

Your payoff amount is not the same as your current balance. The payoff is what the lender needs to release the loan on a specific date, and it includes:

• Your remaining principal balance, plus
• Per-diem interest — interest accrued daily from your last payment through the closing date, plus
• Any prepayment penalty (rare, but check your note), lender payoff/statement fees, and unpaid amounts.

To get an accurate figure, request an official payoff statement (also called a payoff quote) from your servicer for your expected closing date. It is typically valid through a stated “good-through” date, and if closing slips past that date, the per-diem interest adds a little more. For a rough estimate before you have the quote, start with your latest principal balance and add roughly a half-month of interest.

Related guides and tools

• Weighing whether to hire a listing agent at all? Compare agent vs FSBO costs side by side before you decide how to sell.
• Already planning your next purchase? Estimate buyer-side closing costs so your proceeds actually cover your next move.
• Ready to list? Learn how to choose a real estate agent to sell your home using criteria and official license checks — not rankings.

Frequently Asked Questions

Are real estate commissions still 6%?

No — there is no legally standard rate, and commission has always been negotiable. Following the 2024 NAR settlement, the national average total commission is roughly 5.5–5.7% when a seller pays both sides (as of July 2026), and sellers increasingly negotiate buyer-agent compensation separately.

Will I owe capital gains tax on my home sale?

Often not. Under IRC Section 121, if the home was your primary residence, you may exclude up to $250,000 of gain if single, or $500,000 if married filing jointly, provided you owned and used it as your main home for at least 2 of the last 5 years and haven’t used the exclusion on another home in the prior 2 years. Gain is your profit, not your sale price (IRS Topic 701, Sale of Your Home). Consult a tax professional for your situation.

Who pays transfer taxes?

It depends on your state, county, and city — some jurisdictions have no transfer tax, and who pays (seller, buyer, or split) is set by local custom or negotiation. Check your local rate.

How long does closing take?

From accepted offer to closing is commonly 30–45 days, driven largely by the buyer’s mortgage timeline; cash sales can close faster. Your net proceeds are typically disbursed at or shortly after closing.

What’s the difference between my mortgage balance and my payoff?

The payoff adds per-diem interest through the closing date (and any lender fees/penalties) to your principal balance. Always use the official payoff quote from your servicer.

Is this calculator’s output my guaranteed take-home?

No. It’s a planning estimate. Your official Closing Disclosure / settlement statement from the title or escrow company is the authoritative number.