House Proceeds Calculator
Selling your home can be both exciting and overwhelming, especially when trying to estimate how much money you’ll actually take home after the sale. Between agent commissions, remaining mortgage balance, and closing costs, the final amount can be surprisingly different from the sale price.
That’s why we built this easy-to-use House Sale Proceeds Calculator — a free tool that gives you a clear breakdown of your estimated net profit from a home sale. Whether you’re a first-time seller, an experienced investor, or just curious about your numbers, this tool helps you plan smarter.
💡 What Is the House Sale Proceeds Calculator?
The House Sale Proceeds Calculator is an online tool designed to estimate how much money you’ll earn from selling your home after subtracting key costs, including:
- The remaining balance on your mortgage
- Real estate agent commission
- Additional closing costs (title fees, escrow, taxes, etc.)
In just a few clicks, the calculator returns your net proceeds — the cash you can expect to pocket after all deductions.
🛠️ How to Use the Calculator: Step-by-Step
Using the House Sale Proceeds Calculator is fast and simple. Here’s how to get your estimate in under 60 seconds:
1. Enter the Sale Price ($):
Input the price at which you expect (or plan) to sell your house.
2. Enter the Remaining Mortgage ($):
Input the total amount you still owe on your mortgage loan.
3. Enter the Agent Commission (%):
This is usually between 5% and 6% of the sale price. You can adjust this based on your agreement with your real estate agent.
4. Enter Other Closing Costs ($):
Include expenses like title insurance, escrow fees, transfer taxes, repairs, or staging. If unsure, use an estimate.
5. Click “Calculate”:
The calculator instantly displays your estimated proceeds along with a detailed breakdown of all subtracted costs.
6. Want to Try Different Scenarios?
Click “Reset” to start over with new values.
🔍 Practical Example: Estimating Net Proceeds
Let’s say you’re planning to sell your home for $450,000. You have $275,000 left on your mortgage, and your agent charges a 5% commission. Your additional closing costs are about $7,000.
Input:
- Sale Price: $450,000
- Mortgage: $275,000
- Agent Commission: 5%
- Closing Costs: $7,000
Result:
- Agent Commission: $22,500
- Estimated Proceeds: $145,500
- Breakdown: Sale Price – Mortgage – Commission – Closing Costs = Net Proceeds
This gives you a realistic estimate of how much cash you can expect after selling your property.
🏡 When to Use This Calculator
This tool is perfect for:
- Homeowners planning to sell soon
- Real estate investors evaluating potential deals
- Home sellers exploring FSBO (For Sale By Owner) options
- Anyone estimating profit before moving or buying a new home
- Agents helping clients compare listing strategies
Whether you’re preparing for a sale or just want to know where you stand, the calculator provides instant financial clarity.
🧠 Additional Tips for Sellers
- Commissions Are Negotiable: While 5–6% is standard, some agents offer reduced rates.
- Don’t Forget Taxes: While not factored into this calculator, some sellers may owe capital gains tax depending on profit and time lived in the home.
- Repairs & Renovations: If you’re investing in upgrades before selling, subtract those costs to get your “true” take-home profit.
- Early Mortgage Payoff Fees: Some lenders charge penalties if you repay your mortgage early — check your loan agreement.
- Moving Expenses: These aren’t included in the calculator but can impact your net cash in hand.
❓ FAQs: House Sale Proceeds Calculator
1. What are house sale proceeds?
House sale proceeds are the amount of money you receive after paying off your mortgage, agent commissions, and any other closing costs.
2. What’s included in “closing costs”?
Closing costs typically include title fees, escrow fees, attorney fees (if applicable), transfer taxes, home warranty, and prorated property taxes.
3. Is agent commission always 6%?
No. While 6% is common, it can be negotiated. Discount brokers may charge less, and some sellers pay only the buyer’s agent.
4. What happens if I still owe a mortgage?
The remaining mortgage balance is subtracted from the sale price — it must be paid off at closing.
5. Can I use this calculator if I’m selling FSBO?
Yes! Just enter 0% for agent commission if you’re selling without a real estate agent.
6. Does this calculator include taxes I might owe?
No. It estimates only your proceeds at closing. Consult a tax advisor to determine potential capital gains taxes.
7. Can I enter decimal percentages for commission?
Yes. If your agent charges 5.5%, simply input “5.5” into the agent commission field.
8. What if I have two mortgages?
Add both loan balances together and enter the total into the “Remaining Mortgage” field.
9. How accurate is this tool?
It provides a reliable estimate. Final figures may vary slightly depending on lender fees, proration adjustments, and local taxes.
10. Should I include staging or repair costs?
If you want to see a more conservative estimate, yes — add them into the “Closing Costs” field.
11. Do I need to enter exact values?
Not necessarily. The tool is flexible — you can use estimates to get a ballpark figure.
12. Can I calculate proceeds for a property I haven’t sold yet?
Absolutely. This is a great tool for forecasting and planning before listing your home.
13. Is there a mobile version of the calculator?
Yes, it’s fully responsive and can be used on phones, tablets, and desktop browsers.
14. What if I’m upside down on my mortgage?
If your mortgage is higher than your sale price, your proceeds will show a negative value, indicating a loss.
15. Can real estate agents use this with clients?
Yes! Agents can use this tool during listing presentations or while evaluating offers.
16. Does it factor in property taxes owed or prepaid?
No. These amounts are usually prorated at closing and are not included in this calculator.
17. Can I include seller concessions or credits?
Not directly, but you can manually adjust the sale price or closing costs to reflect those.
18. Why does the final result differ from other calculators?
Inputs and assumptions may vary slightly between tools. This calculator focuses on transparency and ease of use.
19. What if I inherited the home and owe no mortgage?
Great! Just enter $0 for mortgage and proceed with the rest of the form.
20. Is this calculator free?
Yes, 100% free — no sign-ups or downloads required.
✅ Final Thoughts
Selling your home is one of the biggest financial decisions you’ll make — and understanding how much you’ll actually walk away with is essential. The House Sale Proceeds Calculator helps you plan ahead by providing a fast, accurate estimate of your net profit.
Use it today to get instant clarity and confidently prepare for your next move!