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Calculation Machine

Home Sale Net Proceeds Calculator

What you'll pocket after selling your home.

Reviewed by the Calculation Machine team · How we check our maths

Your values

ⓘ Live results

Results
Agent commission
$24,750.00
Total selling costs
$29,750.00
Mortgage payoff
$220,000.00
Net proceeds to seller
$200,250.00

Quick answer

Net proceeds equal the sale price minus the mortgage payoff, agent commissions and seller-side closing costs.

The formula

Net proceeds = sale price - payoff - commission - closing costs

Worked example

Worked example

Using the values the calculator loads with.

Inputs

  • Expected sale price450000 $
  • Mortgage payoff balance220000 $
  • Agent commission5.5 %
  • Other seller closing costs5000 $

Result

  • Agent commission$24,750.00
  • Total selling costs$29,750.00
  • Mortgage payoff$220,000.00
  • Net proceeds to seller$200,250.00

How to use the Home Sale Net Proceeds Calculator

  1. 1Enter your expected sale price and current mortgage payoff.
  2. 2Enter the agent commission rate (often 5-6% combined).
  3. 3Add any other closing costs, like transfer taxes or title fees.

Frequently asked questions

Do I pay capital gains tax on net proceeds?

Possibly — check the capital gains exclusion for a primary residence, or consult a tax professional for investment property.

What if I still owe more than the sale price?

That's a short sale situation; you'd need lender approval or to bring cash to closing.

About this calculator