Skip to main content

Calculator Documentation

Seller Net Sheet

What you actually walk away with when you sell, state by state

Schema version 1.0.0 · Category: mortgage

Inputs

The Sale

Price and location

FieldTypeDefaultNotes
Sale Pricecurrency$500,000Expected sale price
Stateselect0.70,0.35Sets estimated seller-side transfer tax and closing customs for your state
Total Commissionpercentage5.50%Listing + buyer agent commission (negotiable post-NAR settlement)

Mortgage Payoff

What the lender collects at closing

FieldTypeDefaultNotes
Mortgage Balancecurrency$280,000Principal balance on all loans against the home
Accrued Payoff Interestcurrency$800Per-diem interest to the payoff date (roughly one month of interest)

Credits & Fees

Concessions and extras

FieldTypeDefaultNotes
Seller Concessionscurrency$0Credits to the buyer (repairs, closing cost help, rate buydown)
Other Feescurrency$500HOA transfer, home warranty, attorney extras
Transfer Tax Overridecurrency$0Know your exact transfer tax? Enter it to replace the state estimate.

Calculations

Every figure this calculator produces, in evaluation order. Formulas reference input ids, parameters, and earlier calculations.

commissionTotal agent commission
salePrice * commissionPercent
estimatedTransferTaxState-estimated seller transfer/excise tax
salePrice * stateTransferTaxPct / 100
transferTaxTransfer tax used (override wins when provided)
if(transferTaxOverride > 0, transferTaxOverride, estimatedTransferTax)
sellerClosingCostsSeller-side title, escrow, and closing per state custom
salePrice * stateSellerClosingPct / 100
totalSellingCostsEverything the sale costs you
commission + transferTax + sellerClosingCosts + sellerConcessions + otherFees
totalPayoffFull lender payoff including accrued interest
mortgagePayoff + payoffInterest
netProceedsCash to the seller at closing
salePrice - totalSellingCosts - totalPayoff
proceedsPercentProceeds as a share of sale price
(netProceeds / salePrice) * 100
costPercentSelling costs as a share of sale price
(totalSellingCosts / salePrice) * 100
underwaterFlag: sale does not cover costs + payoff (0 = positive proceeds)
if(netProceeds < 0, 1, 0)

Put this calculator on your site

Every plan includes the Seller Net Sheet with your branding, share links, and PDF scenario reports.