Seller Net Proceeds Calculator
When you sell a home, the sale price is rarely the amount you walk away with. Between agent commission, closing costs and the balance still owed on your mortgage, a meaningful slice of the headline number goes to other parties before any cash reaches you. This calculator cuts straight to the figure that actually matters: your net proceeds, the money left after everything is paid. Enter the sale price, a selling cost rate that bundles commission and seller closing costs into one percentage, and the payoff balance on your loan. The tool then shows the dollar amount of selling costs and the net proceeds you can expect at closing. The method is transparent and easy to follow: selling costs equal the selling cost rate times the sale price, and net proceeds equal the sale price minus those selling costs minus the mortgage payoff. Because the rate is an input, you can tune it to your agreement. Use the tool to decide on a listing price, see how much equity a sale frees up, or check whether a low offer would clear your loan. Every figure here is computed deterministically from the formula shown below, with a worked example that reconciles exactly to the calculator so you can follow each step.
Net proceeds subtract selling costs and the mortgage payoff from the sale price: net proceeds = sale price - (rate x sale price) - mortgage payoff. On a sale price of $400,000 with a 6% selling cost rate and a $220,000 payoff, selling costs are $24,000.00 and net proceeds are $156,000.00.
Net proceeds formula
Selling costs = Selling cost rate x Sale price
Net proceeds = Sale price - Selling costs - Mortgage payoff
Selling cost rate is entered as a percent and used as a decimal
Mortgage payoff = loan balance cleared at closing
The selling cost rate is converted to a decimal before it is applied: 6 percent becomes 0.06. That decimal multiplies the sale price to give the selling costs, which are then subtracted along with the mortgage payoff to leave your net proceeds.
Worked example
A homeowner agrees a sale price of 400,000 dollars, expects 6 percent in selling costs, and has 220,000 dollars left on the mortgage.
- Selling costs = 0.06 x 400,000 = 24,000
- Net proceeds = 400,000 - 24,000 - 220,000 = 156,000
The net proceeds are 156,000.00 dollars. These are the calculator's default inputs, so the result above matches the widget exactly.
How the rate changes proceeds
| Selling cost rate | Selling costs | Net proceeds |
|---|---|---|
| 4% | $16,000.00 | $164,000.00 |
| 5% | $20,000.00 | $160,000.00 |
| 6% | $24,000.00 | $156,000.00 |
| 7% | $28,000.00 | $152,000.00 |
Based on a sale price of 400,000 dollars and a 220,000 dollar payoff. Use a rate that matches your agreement.
Seller net proceeds calculator: frequently asked questions
What are seller net proceeds?
Seller net proceeds are the cash you keep after a home sale once selling costs and any remaining mortgage are paid off. You start with the sale price, subtract the costs of selling such as agent commission and closing fees, then subtract the payoff balance on your loan. What remains is the amount that lands in your pocket at closing.
How are selling costs calculated here?
This calculator applies a single selling cost rate to the sale price. With a sale price of 400,000 dollars and a 6 percent rate, selling costs are 0.06 times 400,000, which is 24,000 dollars. The rate is meant to bundle agent commission and typical seller closing costs into one figure you can adjust to match your own quotes.
What does the selling cost rate usually include?
It commonly covers real estate agent commission, which is often the largest single cost, plus seller paid closing items such as title fees, transfer taxes and escrow charges. Rates vary by market and negotiation. Use a rate that reflects your agreement, or set it to zero and add costs separately if you prefer to itemize.
Does this include capital gains tax?
No. The calculator shows net proceeds before any income or capital gains tax. Depending on your situation, some or all of the gain on a primary residence may be excluded from tax. Treat the net proceeds figure as cash at closing and consult a tax professional about any tax that may apply afterward.
What if I owe more than the home is worth?
If the mortgage payoff plus selling costs exceed the sale price, your net proceeds are negative, meaning you would need to bring cash to closing or arrange a short sale with your lender. The calculator will show the shortfall so you can see exactly how much the gap is before you list.
Official sources
- Buying a house, renting and mortgage basics: US Consumer Financial Protection Bureau (CFPB). As at 25 June 2026.
Reviewed by the CalculatorHub team, edited by James Graham, 25 June 2026. See our methodology. This is general information, not financial, tax, legal or investment advice.