Home Sale Proceeds Calculator
Estimate seller cash from price, mortgage, commission, and closing.
What it does
Sellers often anchor on sale price and forget deductions. Mortgage payoff, agent commission, and closing costs all leave before cash reaches the seller. A 400,000 sale can net near 118,000 after a 250,000 payoff, 6 percent commission, and 8,000 in other costs.
The tool above takes price, mortgage payoff, commission percent, and other closing costs and returns cash to seller, commission dollars, and total fees plus closing. The defaults match the worked example, so the page opens already calculated. Change any box to reprice the sale.
Commission is price times percent over 100. At 6 percent on 400,000, that is 24,000. Total fees plus closing add commission to the flat closing number, here 24,000 plus 8,000 for 32,000. Proceeds subtract mortgage and those fees from price.
This is cash flow, not taxable gain. Gain uses basis, improvements, and exclusion rules from IRS Publication 523, which can differ a lot from cash. Prorations for taxes, HOA, and rent credits also move with closing day and sit inside the closing input here.
This page shows the formula, one full hand checked example at 400,000, a reference table, and practice checks that run through the tool.
How to use
- Type the agreed sale price.
- Type the mortgage payoff with interest to closing day.
- Type total commission percent for both sides combined.
- Type other closing costs: title, tax prorations, fees, and credits.
- Read Cash to seller as the main result.
- Read Commission and Fees plus closing to see where the rest goes.
Formula
- price
- Sale price in dollars.
- mortgage
- Payoff balance with prorated interest.
- commission
- Price times percent, in dollars.
Flat closing input should include seller concessions as positive costs and buyer credits as reductions. If proceeds print negative with a minus sign, the sale is short of payoff plus costs.
Worked example
Example: 400,000 sale with 250,000 loan
Price 400,000, payoff 250,000, commission 6 percent, other closing 8,000.
- Commission: 400,000 x 6 / 100 = 24,000.
- Fees plus closing: 24,000 + 8,000 = 32,000.
- Deductions with loan: 250,000 + 32,000 = 282,000.
- Proceeds: 400,000 minus 282,000 = 118,000.
- Formatted: $118,000.00 cash, $24,000.00 commission, $32,000.00 fees.
- Check: 118,000 + 250,000 + 32,000 = 400,000.
Reference table
| Commission | Other closing | Cash to seller |
|---|---|---|
| 5 % | $8,000 | $122,000.00 |
| 6 % | $8,000 | $118,000.00 |
| 6 % | $12,000 | $114,000.00 |
| 3 % | $8,000 | $130,000.00 |
Limits
- Cash estimate only. Taxable gain needs basis and exclusion math.
- Flat closing input lumps many items. Itemize for settlement accuracy.
- No proration by day. Daily tax and HOA splits need closing date math.
- No repair credits beyond what you include in closing.
Common mistakes
- Forgetting the mortgage payoff and reading price minus commission as net.
- Entering 6 as $6 instead of 6 percent for commission.
- Leaving seller concessions out of closing costs.
- Mixing buyer closing with seller closing in one total.
- Ignoring prorated interest to the exact payoff day.
Try it yourself
Quick checks. Answers sit tucked under each question.
300k price, 200k loan, 5 percent, 5k closing?
Commission $15,000.00, fees $20,000.00, proceeds $80,000.00.
500k price, 300k loan, 6 percent, 10k closing?
Commission $30,000.00, fees $40,000.00, proceeds $160,000.00.
Questions
How do I estimate seller proceeds?
Price minus mortgage payoff minus commission minus other closing costs.
What is 6 percent on 400,000?
$24,000.00.
Are proceeds the same as profit?
No. Profit for tax uses basis and exclusions. Proceeds are cash after payoff and fees.
Who pays commission?
Custom varies, but this tool deducts the entered percent from seller funds.
What sits in closing?
Title, escrow, tax prorations, HOA, recording, and credits you enter as one total.
Can proceeds be negative?
Yes. If payoff plus fees top price, the tool prints a negative cash number.