Follow the default numbers.
With sale price of $500,000, the model gives estimated net sale proceeds: $214,041.
The formula is sale price − payoff − commission − taxes − title − fees. Open the breakdown to trace expenses and assumptions. Change one input at a time to see how your decision changes. This example uses scenario inputs; it is not an offer, tax bill, appraisal or legal determination.
Every subtraction has a purpose
The detailed net sheet starts with sale price and subtracts debt payoff, negotiated commissions, transfer tax allocation, owner-policy quote, escrow or attorney fees, property-tax proration, concessions, repairs and a tax reserve. It separates selling expenses from debt payoff so the transaction cost total remains interpretable. The default numbers are a worked example, not a quote from a settlement company.
State tax is only part of closing
The selected state schedule covers modeled deed-transfer charges for an ordinary taxable sale. Counties and cities can impose additional taxes, and recording a mortgage can involve separate costs. The local-rate field is for charges not already included. Exemptions, entity transfers and unusual property classifications need a specific closing review. A title-company net sheet should replace this planning estimate before signing.
Proration follows the contract
The property-tax line uses annual tax times the entered seller liability days divided by 365. It does not determine whether your jurisdiction collects in advance or arrears, or whether the parties use a 360-day convention. A tax reserve is a planning allowance after closing and may not be collected by escrow. Avoid counting an already-paid tax installment again.
Proceeds do not establish gain
The tax basis, depreciation and home-sale exclusion determine gain; the mortgage balance does not. Open the capital-gains tool with the sale price and selling expenses prefilled to explore that separate estimate. The printable net sheet shows each deduction and the assumptions entered. It remains a scenario until the closing statement and professional tax analysis are available.
Keep your assumptions with the result
Save the calculation to your deal file to reuse compatible inputs in another tool. The file stays in this browser on this device. Download the CSV to open the complete inputs, results and schedule in Excel or Google Sheets. Use PDF to print the report or save it as a PDF. A share link includes entered financial figures in its URL, so use it only with people you intend to share those numbers with.