Seller Net Proceeds Calculator

Net proceeds from home sale: sale price minus mortgage payoff minus selling costs (agent fees 1-3%, legal 1,000-2,000, other costs). Often (commonly cited at 8-15%) lower than headline sale price after all costs.

Real estate calculator.

A worked example

Try the defaults: sale price of 350,000, mortgage payoff of 150,000, agent fee of 1.5%, legal costs of 1,500. The tool returns 192,750.00. You can adjust any input and the result updates as you type — no submit button, no reload. That's the real power here: seeing how sensitive the output is to one or two assumptions.

What moves the number most

The result responds to Sale Price, Mortgage Payoff, Agent Fee %, Legal Costs, and Other Fees. Not every input has equal weight. Adjusting one input at a time toward extreme values shows which ones move the result most.

The formula behind this

Sale - mortgage - (sale × agent%) - legal - other = net proceeds. Everything the calculator does is shown in the formula box below, so you can check the math against your own spreadsheet if you want.

What the headline rate hides

Lenders quote a rate; what you pay is a blend of that rate, fees, insurance, and any early-repayment penalty built into the product. The figure here isolates the core interest cost so you can compare like-for-like across deals — then add the other costs separately before signing anything.

What this doesn't capture

The figure excludes arrangement fees, valuation costs, legal fees, insurance, and any early-repayment charges — those can add several thousand to the headline cost. Rate changes at renewal for fixed-term deals will shift the picture further. Use this for the core interest/principal math and add the other costs on top.

Worked example with realistic numbers

Suppose a property sells for 400,000 with an outstanding mortgage balance of 200,000. Agent fees are charged at 2% of the sale price, legal costs total 1,800, and other fees (survey, conveyancing, inspection) come to 600.

• Sale price: 400,000
• Mortgage payoff: 200,000
• Agent fee (2%): 8,000
• Legal costs: 1,800
• Other fees: 600
• Net proceeds: 189,600

In this scenario, total transaction costs amount to roughly 10,400 — about 2.6% of the original sale price. The seller receives 189,600 in local currency after all obligations are settled.

Common scenarios where this calculation matters

This metric is relevant in several situations:

• Planning a property sale and estimating actual cash available for a down payment on the next purchase
• Comparing the financial outcome of selling now versus refinancing or holding the property longer
• Understanding how changes in agent fees or other costs affect take-home proceeds
• Evaluating whether proceeds will be sufficient to cover planned expenses or investments after the transaction closes
• Assessing the impact of an outstanding mortgage balance on available funds

What this result captures and what it does not

The calculator shows what remains after deducting mortgage payoff and transaction costs from the sale price. It models the mechanical movement of money in and out at the point of sale.

The result does not account for:

• Capital gains tax or similar property-based taxation
• Costs associated with repairs or improvements made to prepare the property for sale
• Penalties for early mortgage repayment (if applicable)
• Transfer taxes or registration fees (which vary by jurisdiction)
• Costs of temporary accommodation or moving
• Time value of money or inflation between now and the sale date
• Impact of market conditions or negotiated price reductions

This calculator serves as an educational illustration of how sale price, mortgage balance, and transaction costs interact. Results are estimates based on the inputs provided and do not account for all possible costs or variations in local regulation.