Home Seller Net Sheet Calculator

How to do it

1. 1
   Step 1: Open Home Seller Net Sheet Calculator and add your input

   Type your numbers or text, add your file, or pick the options you need. Nothing is uploaded: everything stays in your browser.

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   Step 2: What Home Seller Net Sheet Calculator does

   Estimate the cash you walk away with when you sell a home, and the capital gains tax.

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   Step 3: Read the result and compare

   The result appears at once. Change one value to see how the answer moves, then keep the figure that fits your case.

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   Step 4: Copy or save it

   Copy the result or download it. For an important decision, confirm it with the official source or an adviser.

About this tool

Enter the sale price, your mortgage payoff, the agent commission, transfer tax, title and escrow fees, repairs, concessions and prorated taxes. The calculator shows your net proceeds, then your gain, the home sale exclusion and any federal capital gains tax.

Net proceeds

Net proceeds are the sale price minus your mortgage payoff, the agent commission, transfer tax, title and escrow fees, repairs and credits, concessions to the buyer and your share of prorated property tax.

Capital gains

Your gain is the price minus selling costs (commission, transfer tax, title fees and concessions) minus your cost basis, which is the purchase price plus capital improvements. If you owned and lived in the home for at least two of the last five years you can exclude up to $250,000 of gain ($500,000 for married couples filing jointly). The tax on the rest uses the federal long-term rates stacked on your other income.

Limits

State taxes, the 3.8% net investment income tax, depreciation recapture for rental use and partial exclusions are not included.

Worked example

A $450,000 sale with a $220,000 payoff, 5% commission, 0.5% transfer tax, $2,500 title fees, $3,000 of repairs and $1,200 of prorated tax: you net about $198,550. The gain is about $97,750 (basis $325,000), well under the $250,000 exclusion, so no federal capital gains tax is due.

Tips for best results

Check every box before you rely on a result, because one wrong digit changes the whole answer. Use the exact figures from your payslip, bill, certificate or contract, and keep a note of the date you calculated. Rates, thresholds and rules change from time to time, so for tax, fees and legal matters treat the output as an estimate and confirm with the official source named on this page. You can run as many scenarios as you like; nothing is saved or sent, and refreshing the page clears the boxes.