Seller Net Proceeds Calculator
Estimate the cash a home seller nets after agent commission, mortgage payoff, and other selling costs are subtracted from the sale price.
How to use this tool
- Enter the agreed sale price.
- Enter the total agent commission percentage.
- Enter your remaining mortgage payoff amount.
- Add other selling costs (transfer tax, title, repairs, concessions).
- Read your estimated net proceeds.
Selling a home? This calculator estimates your net proceeds — the cash you keep after agent commission, mortgage payoff, and other selling costs come out of the sale price.
Formula
Net proceeds are the sale price minus every cost of selling:
Commission = Sale price × Commission%
Net proceeds = Sale price − Commission − Mortgage payoff − Other costs
How it works
Net proceeds are what a seller actually walks away with after a sale closes. The headline sale price is reduced by the real-estate commission (historically around 5%–6% split between listing and buyer's agents), the remaining mortgage balance that must be paid off, and an assortment of other costs — transfer taxes, title fees, attorney charges, prorated property taxes, and any seller concessions or repairs.
This calculator computes the commission from your sale price, subtracts it along with your mortgage payoff and other costs, and returns the cash you net. It is the figure that matters for planning your next purchase, because it is the equity you can roll forward as a down payment.
Commission practices are changing: following recent settlements, buyer-agent compensation is increasingly negotiated separately, so a single combined percentage is a simplification. The estimate also excludes capital-gains tax, which may apply above the primary-residence exclusion. Confirm your exact mortgage payoff with your lender, as it includes accrued interest through the closing date.
Worked example
$500,000 sale with 6% commission and $300,000 payoff
- Commission = $500,000 × 6% = $30,000.
- Total selling costs = $30,000 commission + $5,000 other = $35,000.
- Net proceeds = $500,000 − $30,000 − $300,000 − $5,000 = $165,000.
Net proceeds $165,000.00 | Agent commission $30,000.00 | Total selling costs $35,000.00
Agent commission by sale price and rate
| Sale price | At 5% | At 5.5% | At 6% |
|---|---|---|---|
| $300,000 | $15,000 | $16,500 | $18,000 |
| $400,000 | $20,000 | $22,000 | $24,000 |
| $500,000 | $25,000 | $27,500 | $30,000 |
| $700,000 | $35,000 | $38,500 | $42,000 |
Key terms
- Net proceeds
- The cash a seller receives after subtracting commission, loan payoff, and selling costs from the sale price.
- Mortgage payoff
- The full amount needed to satisfy the existing loan at closing, including principal and interest accrued to the payoff date.
- Real-estate commission
- The fee paid to the agents involved in the sale, traditionally a percentage of the sale price split between listing and buyer's agents.
- Seller concessions
- Costs the seller agrees to cover on the buyer's behalf, such as part of the buyer's closing costs, which reduce net proceeds.
Frequently asked questions
- How do I calculate my net proceeds from selling a house?
- Start with the sale price, then subtract the agent commission, your mortgage payoff, and other selling costs like transfer taxes and title fees. What remains is your net proceeds — the cash you keep.
- What is a typical real-estate commission?
- Commissions have historically been around 5%–6% of the sale price, split between the listing and buyer's agents. Following recent industry changes, buyer-agent compensation is increasingly negotiated separately, so the rate can vary.
- Do I pay tax on the proceeds?
- Possibly. The IRS lets most homeowners exclude up to $250,000 of gain ($500,000 if married filing jointly) on a primary residence. Gains above the exclusion, or sales of non-primary homes, may owe capital-gains tax that this tool does not deduct.