Seller Net Sheet Calculator

Calculate seller proceeds after mortgage payoff, commission, transfer tax, and closing costs.

By Konstantin Iakovlev · Updated September 2026 · Source: National Association of Realtors — What the NAR settlement means for home sellers

$
$
%
$
$
$

Net Proceeds

$121,500.00

Seller Net Sheet

Sale Price$400,000.00
Mortgage Payoff−$250,000.00
Agent Commission−$20,000.00
Transfer Tax−$2,000.00
Repairs / Credits−$5,000.00
Other Fees−$1,500.00
Net Proceeds$121,500.00

Use the Seller Net Sheet Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

How It Works

Selling a home rarely nets you the full sale price, and this tool lays out what actually lands in your pocket once the costs of the sale come off the top. Sorting that figure out early supports clear planning.

From your expected sale price, the tool deducts the balance still owed on your mortgage, the agent commission as a percentage of the price (5% by default), and three dollar amounts you enter: the transfer tax, any repairs or credits you give the buyer, and other fees such as title insurance, escrow and recording. What remains is your estimated net. Commissions are not set by law and are negotiable. Since August 17, 2024, under the National Association of Realtors settlement, an offer to pay the buyer's agent can no longer be posted on the MLS; a seller can still agree to pay that agent or offer the buyer a concession toward closing costs, and whatever you agree to belongs in the commission or the repairs and credits line.

Gathering closing-cost quotes from more than one provider is how sellers avoid overpaying on rates that vary widely. Transfer taxes in particular catch people off guard because they swing sharply from one state and county to the next. Treat the output as a working estimate; the proceeds at the closing table can come in above or below it.

Example: Selling a $400,000 Home

  1. 1 Input a $400,000 sale price, a $250,000 mortgage payoff and a 5% commission, and keep the other defaults: $2,000 of transfer tax, $5,000 of repairs or credits to the buyer and $1,500 of other fees. Transfer tax is entered in dollars, so look up the rate for your state and county and apply it to the price first.
  2. 2 Commission: 5% × $400,000 = $20,000.
  3. 3 Net proceeds: $400,000 − $250,000 − $20,000 − $2,000 − $5,000 − $1,500 = $121,500.
  4. 4 That $121,500 is roughly the cash you would receive at closing. Prorated property taxes and any liens have no line of their own, so add them to other fees if they apply to your sale.

Source: National Association of Realtors — What the NAR settlement means for home sellers · Last updated: September 2026

Frequently Asked Questions

What does a seller pay at closing?
Sellers typically pay their listing agent's commission, which is negotiable, and any compensation they agree to pay the buyer's agent, transfer taxes (varies by state), title insurance for the buyer, prorated property taxes, any outstanding liens, and their mortgage payoff balance.
How much do sellers pay in closing costs?
It depends mostly on the commission you negotiate and your state's transfer tax. At the calculator's defaults, a $400,000 sale carries $28,500 in costs before the mortgage payoff: a 5% commission ($20,000), $2,000 of transfer tax, $5,000 of repairs or credits and $1,500 of other fees, about 7.1% of the price.
How do you calculate net proceeds from selling a house?
Net proceeds = sale price minus mortgage payoff, agent commissions, transfer taxes, title costs, prorated taxes, and any repair credits. With the calculator's defaults, a $400,000 sale with a $250,000 mortgage balance nets $121,500.

You might also need

Mortgage Calculator 2026 — Payment, Amortization & PMI

Calculate your monthly mortgage payment with taxes, insurance, PMI, and HOA. Free, instant results at the interest rate you enter.

FHA Loan Calculator 2026 — MIP, Down Payment & Limits

Calculate FHA loan payments including upfront MIP (1.75%) and annual MIP premiums. See when MIP drops off. Free, instant results based on 2026 FHA limits.

Home Affordability Calculator — How Much House Can You Afford?

Find out how much house you can afford based on income, debts, down payment, and the mortgage rate you enter. Free, instant results with DTI ratio breakdown.