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Calculate Your Net Proceeds
Use this page to estimate the cash proceeds from the sale of your home.  Proceeds equal your selling price less all fees you pay plus fees paid by the buyer to you.  This list is not all-inclusive.  You may incur charges which are not listed here.  For additional charges, sum them and place totals in the appropriate "Other" fields below.

This worksheet also automatically estimates your Net Selling Price, a number useful to you if you must record a taxable gain after the sale.  Most sellers do not usually have to worry about taxable gain, however, you might if either a) your profit on sale is at least $250,000 ($500,000 if you're married), or, b) you have not lived in your home for two of the past five years. If you think you might have to record a taxable again, use this worksheet along with the Calculate Your Property Basis worksheet. Your "basis" is your original purchase price plus the cost of all improvements you made to your home while you owned it.

We at hometoday.com do our best to ensure the accuracy of these worksheets. Nevertheless, you should confirm these calculations with a financial advisor before relying on them.
Estimate the Selling Price of Your Home
Less: Mortgage Payoff Balance as of ______________
Mortgage Prepayment Penalty
Mortgage Assumption Fee
Points Paid By Seller
Agent Commission

Pro-Rated Expenses Paid By Seller

Property Taxes

Association Fees

Assessments

Other Pro-rated Expenses

Home Warranty
Appraisal Fee
Repair Allowance
Home Inspection
Title Insurance
Transfer Tax
Attorney Fees
Escrow Fees
Notary Fees
Document Preparation
Title Search Fee
Deed Drawing Fee
Amount Financed by Seller
Other Fees
Subtotal:  Seller Payments
Plus: Pro-rated expenses paid by the buyer to seller

Property Taxes

Association Fees

Assessments

Other Pro-rated Expenses

Subtotal:  Buyer Payments
Equals Estimated Net Cash Proceeds From Sale
Your Estimated Net Selling Price is
Notes on the Net Selling Price Calculation

Net selling price is a tax concept.  It is the original selling price less selling expenses paid by the seller such as those listed above.

It does not include expenses which a seller would be allowed to deduct on a tax return such as property taxes.  Therefore, while payment or receipt of property tax funds may decrease or increase cash proceeds, it should have no impact on the sale price calculation.

The calculation also excludes the mortgage payoff balance because this is not an expense of the sale.  If you as a seller have a mortgage, your net proceeds should be significantly lower than your actual selling price.

The calculation also excludes any expenses the buyer pays.  Buyer payments have no impact on sale price.  If the buyer pays the expense, it is an expense to the buyer, not the seller.  S/he will be allowed to add those expenses to calculate the total cost of purchasing the property.

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