Wealth Tools
Sale price isn't what you keep. See the real number after payoff, commission, closing costs, and concessions.
Your sale
Estimated net proceeds
$177,500
What's left after every deduction below.
Sale price
$500,000
Less mortgage payoff
− $280,000
Less commission (6%)
− $30,000
Less closing costs (1.5%)
− $7,500
Less repairs & concessions
− $5,000
Net proceeds
$177,500
Estimates only. Prorated taxes, HOA transfer fees, survey, and payoff interest can shift the final figure. Your title company's settlement statement is the final word.