Home Sale Proceeds Calculator
What you take home from selling a home: the price less the mortgage payoff, the agent's commission and every other selling cost, and the profit over what you paid.
Result…
How it's calculated
Commission = sale price × commission % × (1 + tax on commission %) Selling costs = commission + transfer tax + legal + repairs and staging + concessions + other Net proceeds = sale price − mortgage payoff − selling costs Profit = sale price − selling costs − (price paid + improvements) Break-even price = (price paid + improvements + fixed costs) ÷ (1 − commission rate)
Shows the money you walk away with when you sell a home: the sale price less what you still owe on the mortgage, the agent's commission (with any tax on it), and the other costs of selling such as a transfer tax or stamp duty where the seller pays one, legal or escrow fees, repairs and staging, and any credits given to the buyer. It also works out the profit over what you paid plus lasting improvements, and the sale price at which you would break even. Equity left in the home is not the same as profit: the mortgage payoff reduces your proceeds but not your gain. Tax on the gain depends on the country and your situation, so it is not taken off here.
Your numbers, step by step
About the Home Sale Proceeds calculator
This home sale proceeds calculator works out the money you walk away with when you sell a house or flat. Start from the sale price, take off the mortgage payoff, then the agent's commission as a percentage (with any tax charged on it) and the other costs of selling: a transfer tax or stamp duty where the seller pays one, legal, escrow and title fees, repairs and staging, concessions to the buyer and anything else. It also shows the total selling costs as a share of the price, the profit over what you paid plus improvements, and the sale price at which you would break even. Each line of the working is shown with your figures. To check what is still owed on the loan before you list, see the mortgage payoff calculator.
How to use it
- Enter the “Sale price” you expect and the “Mortgage payoff”, including any early repayment charge.
- Enter the “Agent commission” as a %, and the “Tax on the commission” if your country adds it.
- Add the “Transfer tax or stamp duty paid by you”, “Legal, escrow and title fees”, “Repairs and staging”, “Concessions to the buyer” and “Other selling costs”.
- For the profit, enter “What you paid for it” and “Improvements since you bought it”, then read the net proceeds and break-even price.
Worked example
A home sells for 400,000 with 220,000 left on the mortgage. A 5% commission is 20,000; with 2,000 of legal fees and 3,000 of repairs and staging, selling costs total 25,000, or 6.25% of the price. Net proceeds are 400,000 − 220,000 − 25,000 = 155,000. It was bought for 300,000 with 20,000 of improvements, so the profit before tax is 375,000 − 320,000 = 55,000 (17.19%). At these costs, the break-even sale price is about 342,105.
Updated
Questions people ask
How do I work out what I will get from selling my house?
Take the sale price, subtract what you still owe on the mortgage, then subtract the agent's commission and every other selling cost. What is left is the net proceeds before any tax on the gain.
How is the estate agent's commission calculated?
Usually as a percentage of the sale price, sometimes with sales tax or VAT added on top. A 2% fee plus 20% tax is 2.4% of the price. Rates and who pays them depend on the country and the agreement; the commission calculator handles tiered rates.
Why are my net proceeds lower than my profit?
Proceeds take off the mortgage payoff, because the lender is repaid from the sale. Profit compares the price with what you paid and spent on improvements, so the loan doesn't reduce it.
What selling costs do people forget?
Early repayment charges on the mortgage, tax on the agent's fee, repairs asked for after a survey or inspection, and credits given to the buyer at closing. Leaving them out makes the proceeds look larger than they will be.
Do I pay tax on the profit from selling my home?
It depends on the country and often on whether it was your main home and how long you owned it. This calculator shows the profit before tax; check the local rules or ask a tax adviser before you rely on the figure.