Home Sale Net Proceeds Calculator
Find what you actually walk away with from a home sale after the mortgage payoff, commission, closing costs, and repairs.
How it's calculated
The price your home sells for is not the money you keep. Two big items come out at closing before you see a cent. First the mortgage payoff, the balance still owed on your loan. Then the selling costs, led by the agent commission and followed by closing costs, any repairs or credits you gave the buyer, and odds and ends like moving or a home warranty. What is left is your net proceeds.
Work through the default. A home sells for $500,000 with $300,000 still owed, so there is $200,000 of equity before costs. The agent commission at 5.5 percent is $27,500. Add $4,000 of closing costs, $3,000 in repairs and concessions, and $1,500 of other costs, and the selling costs total $36,000. Subtract the $300,000 payoff and the $36,000 of costs from the $500,000 price, and you walk away with $164,000.
The commission is usually the largest single cost, which is why sellers negotiate it. Every point matters, since on a $500,000 home each 1 percent is $5,000. Knowing your net proceeds ahead of time tells you what you can put toward the next down payment and whether the sale even clears the mortgage. If the number comes back negative, you would owe money to close, which happens when the payoff and costs are more than the price.
Assumptions
- Net proceeds are the sale price minus the mortgage payoff and every selling cost, which are the commission, closing costs, repairs, and anything else.
- Capital gains tax is not included, since most sellers of a primary home qualify for the exclusion. Check the Capital Gains Tax calculator if you might owe.
Last updated: 2026-08-08
These assumptions follow our general methodology.
Frequently asked questions
How do I calculate net proceeds from a home sale?
Start with the sale price, subtract the mortgage payoff, then subtract every selling cost, which is the agent commission, closing costs, and any repairs or credits. What remains is your net proceeds, the cash you actually receive at closing.
What are typical costs to sell a house?
The agent commission is usually the biggest, often 5 to 6 percent of the price split between the two agents. On top of that come seller closing costs like title, escrow, and transfer taxes, plus any repairs or credits you agree to. Together they often run 7 to 10 percent of the price.
Do I pay capital gains tax on my home sale?
Often not. A single filer can exclude up to $250,000 of gain on a primary home, and a married couple up to $500,000, if they meet the ownership and use tests. This calculator leaves tax out, so check the Capital Gains Tax calculator if your gain might exceed the exclusion.
Can I lower the cost of selling?
The commission is the most negotiable piece, and even half a point saved is real money on a large sale. You can also compare closing-cost estimates and be selective about which repairs and concessions you agree to. Cutting the price to sell faster, though, usually costs more than any of these.