Closing Costs & Net Proceeds

Your home's sale price and your net proceeds are two very different numbers. Understanding the gap between them — before you list — helps you plan your next move with real clarity instead of guesswork.

Typical Seller Costs at Closing

• Real estate commission
• Payoff of any existing mortgage balance, plus accrued interest
• Documentary transfer tax
• Any city-specific transfer or conveyance tax
• Prorated property taxes through the date of closing
• Any outstanding HOA dues or special assessments
• Title insurance premium and escrow fees
• Termite inspection and any agreed-upon repair costs
• Recording charges to clear any prior liens

For the complete buyer-vs-seller cost breakdown, see our Who Pays for What page in the For Buyers section — most of those same costs apply in reverse to your transaction.

A Simple Way to Estimate Your Net Proceeds

Start with your expected sale price, subtract your remaining mortgage balance, then subtract estimated commission and closing costs (typically 8–10% of the sale price combined, though this varies by transaction). The result is a reasonable working estimate of your net proceeds — though we always recommend reviewing your specific numbers with us directly before listing, since every transaction has its own variables.