Sell Your House Calculator
Selling a house is a big financial decision—and knowing what you’ll actually walk away with after all the expenses is critical. That’s why we’ve created the Sell Your House Calculator, a user-friendly tool designed to help homeowners like you estimate your net proceeds after selling a property.
This calculator takes into account common costs like remaining mortgage, real estate agent commissions, closing costs, and other miscellaneous fees to give you a realistic idea of what you’ll actually earn from your sale. Whether you’re planning to move, invest, or just exploring your options, this tool can help you make better financial decisions.
🔧 How to Use the Sell Your House Calculator
Using the calculator is simple, straightforward, and takes less than a minute. Here’s a step-by-step guide:
Step 1: Enter the Sale Price
This is the price at which you expect to sell your home. If you’re unsure, use a recent appraisal, Zestimate, or market estimate.
Example: $400,000
Step 2: Add the Remaining Mortgage
Input the amount you still owe on your home loan. This will be subtracted from your proceeds.
Example: $250,000
Step 3: Input Agent Commission (in %)
The default value is set to 6%, which is typical in most real estate transactions (split between buyer and seller agents), but you can adjust this.
Example: 5.5% if you’ve negotiated a lower commission.
Step 4: Add Closing Costs (Optional)
Sellers often pay part of the closing costs, including title insurance, transfer taxes, or attorney fees.
Example: $3,000
Step 5: Add Any Other Fees (Optional)
Enter any additional costs related to the sale like home repairs, staging, or HOA transfer fees.
Example: $1,200
Step 6: Click “Calculate”
The tool will automatically compute:
- Agent Commission Amount
- Total Costs
- Net Proceeds (your profit after all expenses)
💡 Practical Example
Let’s say you’re selling your home for $400,000 with the following expenses:
- Remaining Mortgage: $250,000
- Agent Commission: 6%
- Closing Costs: $3,000
- Other Fees: $1,000
Breakdown:
- Agent Commission: $24,000
- Total Costs: $278,000
- Net Proceeds: $122,000
With this clear financial picture, you can better plan your next move—whether that’s upgrading to a new home, investing, or saving for the future.
🧠 Why This Calculator Matters
Many homeowners make the mistake of focusing solely on the sale price, not realizing how quickly fees and costs can chip away at their profit. This tool ensures you’re fully informed by:
- Offering transparent breakdowns of all major costs
- Helping you avoid surprises at closing
- Assisting with budget planning for your next home or investment
- Giving you leverage in negotiations with agents and buyers
🏠 Common Use Cases
- Preparing to list your home
- Comparing offers from multiple buyers
- Calculating whether a cash offer is worth it
- Determining if it’s the right time to sell
- Working with your financial advisor to plan next steps
❓ Frequently Asked Questions (FAQs)
1. What is included in agent commission?
Agent commission covers the fees paid to the buyer’s and seller’s agents. It’s typically a percentage of the sale price.
2. Can I change the commission rate in the calculator?
Yes, simply adjust the percentage in the “Agent Commission” input field to match your agreement with your agent.
3. What are typical closing costs for a seller?
Closing costs may include title fees, escrow fees, transfer taxes, and legal services. These usually range from 1% to 3% of the sale price.
4. What do ‘Other Fees’ usually consist of?
Other fees can include HOA transfer fees, home repairs, staging costs, moving expenses, or seller-paid incentives.
5. How accurate is the calculator?
The calculator provides a reliable estimate based on your inputs. For a more precise figure, consult a real estate professional or closing agent.
6. Can I use this tool if I’m selling by owner (FSBO)?
Absolutely. Just enter 0% for the agent commission if no agents are involved.
7. What if I’m still in the process of paying off multiple mortgages?
Enter the total balance of all loans under the “Remaining Mortgage” field.
8. Why are net proceeds important?
Net proceeds reflect the actual cash you’ll receive, helping you plan future purchases, investments, or debt repayments.
9. Does this tool work for commercial properties?
While it’s tailored for residential homes, the calculator can still provide a rough estimate for commercial sales.
10. Is this calculator mobile-friendly?
Yes, the tool works well on smartphones, tablets, and desktop devices.
11. Is there a way to save my results?
Currently, there’s no save feature, but you can take a screenshot or write the numbers down for reference.
12. Can I calculate proceeds for multiple properties?
Yes, simply reset the calculator after each use and enter the new property details.
13. Is the tool free to use?
Yes! This calculator is 100% free with no sign-up required.
14. What if my house sells for less than I owe?
The calculator will show negative net proceeds, which means you’ll need to bring money to closing.
15. Can I share the tool with my real estate agent?
Absolutely. It’s a great conversation starter to align expectations with your agent.
16. Does this estimate taxes owed on the sale?
No. This calculator does not estimate capital gains tax. Consult a tax professional for that.
17. Is agent commission split between agents?
Yes. Typically, the total commission (e.g., 6%) is split between the listing and buyer’s agents.
18. Can this help with comparing cash vs. traditional offers?
Yes, you can quickly calculate net proceeds for both scenarios and compare.
19. Will it work for short sales?
It can provide a basic estimate, but short sales often involve lender negotiations that change the numbers.
20. Does it account for early mortgage payoff penalties?
No, if your loan has a payoff penalty, be sure to add that manually to “Other Fees.”
✅ Final Thoughts
Knowing your net proceeds from a home sale gives you clarity and control over your next financial decision. Whether you’re downsizing, relocating, or upgrading, our Sell Your House Calculator helps take the guesswork out of the equation.
Try it now and make your next real estate move with confidence.