Selling My House Calculator
When selling a home, the most important number isn’t the price your buyer offers—it’s how much money you’ll walk away with. Between mortgage payoffs, agent commissions, repairs, and closing costs, your final profit can look very different from the selling price. That’s why we created the Selling My House Net Proceeds Calculator—a simple, intuitive tool that helps homeowners like you estimate how much you’ll actually take home after selling your property.
Whether you’re planning your next move, managing your budget, or just curious about your equity, our tool offers clarity and confidence during a major financial transaction.
How to Use the Net Proceeds Calculator
Using the calculator is easy. All it takes is entering a few key figures, and the tool will automatically compute your estimated agent fees, total costs, and net proceeds.
Step-by-Step Instructions:
- Enter Your Selling Price ($):
Input the expected or actual selling price of your home. - Enter Remaining Mortgage Balance ($):
Include the amount left on your current mortgage that still needs to be paid off. - Enter Agent Commission (%):
This is usually around 5–6% of the sale price. The default value is set to 6% but can be adjusted. - Enter Closing Costs ($):
These can include attorney fees, title insurance, escrow fees, etc. - Enter Estimated Repairs/Improvements ($):
If you’ve made or plan to make any repairs or upgrades, include those costs here. - Enter Other Fees ($):
Add any miscellaneous costs not already covered (e.g., moving expenses, staging fees). - Click “Calculate”:
The tool will instantly display:- Agent Commission Amount
- Total Costs
- Net Proceeds (the amount you’ll walk away with after all deductions)
- Click “Reset” to clear the form and start again if needed.
Practical Example
Let’s walk through a real-world example.
Scenario:
- Selling Price: $450,000
- Mortgage Balance: $280,000
- Agent Commission: 5.5%
- Closing Costs: $7,000
- Repairs: $4,000
- Other Fees: $1,500
Result:
- Agent Commission: $24,750
- Total Costs: $317,250
- Net Proceeds: $132,750
This means after paying off the mortgage and all associated fees, you would receive $132,750 from the home sale.
Why Knowing Net Proceeds Matters
Financial Planning
Understanding your net proceeds helps you plan for your next home purchase, relocation, or investment.
Budgeting for Costs
Many homeowners underestimate closing costs or repair expenses. This tool ensures you account for everything.
Comparing Sale Offers
If you’re evaluating multiple offers, knowing how much each one actually puts in your pocket can guide your decision.
Deciding When to Sell
Sometimes, waiting another year could build more equity. A proceeds calculator helps you weigh that option.
Common Use Cases
- First-time sellers unsure how much they’ll net after paying off their mortgage.
- Homeowners downsizing and needing to know if their proceeds cover a new purchase.
- Real estate investors calculating ROI on a flip or rental property.
- Estate or divorce settlements needing clear financial breakdowns.
- FSBO sellers (For Sale By Owner) estimating without relying on agents.
15+ Detailed FAQs About Net Proceeds & Selling a House
1. What are net proceeds from selling a house?
Net proceeds are the final amount of money you receive after subtracting all selling-related costs from the home’s sale price.
2. Why do I need to calculate net proceeds?
It gives you a realistic picture of how much money you’ll actually have after the sale, helping with future financial planning.
3. How accurate is this calculator?
It provides an estimate based on the values you enter. For the most accuracy, use precise, up-to-date figures.
4. Does this tool consider capital gains taxes?
No. This calculator focuses on transactional costs. You should consult a tax advisor for information about potential tax implications.
5. What percentage do real estate agents usually charge?
Typically, 5–6%, but it can vary based on location, services offered, and whether you’re using both a buyer’s and seller’s agent.
6. Can I use this tool for FSBO sales?
Yes. If you’re selling without an agent, just input “0” in the Agent Commission field.
7. What are typical closing costs for sellers?
These often include title insurance, escrow fees, attorney fees, and transfer taxes, averaging 1–3% of the sale price.
8. What should I include in ‘Other Fees’?
Think of costs like staging, moving services, temporary housing, or HOA transfer fees.
9. How can I reduce my total selling costs?
Negotiate agent commissions, avoid unnecessary repairs, or sell directly to a buyer without middlemen.
10. Are repairs required to sell a home?
Not always. But making key improvements can increase your sale price or reduce time on the market.
11. Is this tool mobile-friendly?
Yes. The calculator works seamlessly on desktops, tablets, and smartphones.
12. Does the calculator save my information?
No. It does not store data. All information is used locally in your browser for privacy and security.
13. Can I use this calculator for investment properties?
Absolutely. It’s perfect for investors assessing potential profits on real estate sales.
14. What if I have a second mortgage?
Add that balance to the “Remaining Mortgage Balance” field for a more accurate calculation.
15. What happens if the result is negative?
That means your costs exceed the selling price, and you may have to pay out of pocket to close the sale.
16. Should I get a professional net sheet from an agent or attorney?
Yes, for final numbers. This calculator gives you a strong estimate but shouldn’t replace legal or financial advice.
17. What’s the best time of year to sell a house?
Spring and summer often bring more buyers and higher prices, but market trends can vary by location.
18. What’s the difference between gross and net proceeds?
Gross proceeds = sale price. Net proceeds = sale price minus all fees and debts.
19. How can I improve my net proceeds?
Price your home competitively, negotiate lower commissions, and minimize repair expenses.
20. Can I print the results?
Yes. After calculating, simply use your browser’s “Print” function to save or share your results.
Final Thoughts
Selling your home is a major milestone—and one that comes with financial complexity. The Selling My House Net Proceeds Calculator takes the guesswork out of the equation by helping you understand the real bottom line. Whether you’re months away from listing or already have offers on the table, knowing your net proceeds puts you in control of your next move.
Use this free tool as often as you like. It’s fast, accurate, and 100% private.
Ready to find out what you’ll actually make from selling your house?
👉 Try the calculator now and get instant clarity.