<< Display all Seller Tips What You’ll Net At Closing
Closing Costs for Sellers $$$
Sale Price $
Mortgage balance and outstanding interest
     (Caution, do not forget to add one months interest)
 
2nd Mortgage balance and outstanding interest  
Home equity loan or bridge loan  
Prepayment penalty on Mortgage (FHA – 30 day notice)  
SALE PRICE / SUBTOTAL $
Proration of real estate taxes
     (Jan 1st to day before closing X proration %)
 
State transfer fee (.003 X Sale Price)  
Title policy (.006 X Sale Price)
     (It could be a lot less if you can find your old policy)
 
City letters $50
Special assessments  
Proration of municiple sewer and/or water  
Recording of mortgage (approximately $13 each)  
Home warranty $419 – click here for warranty information
     ($389 for condominiums, $569 for duplexes)
 
Discount points  
Proration of rents  
Code compliance / Occupancy permit see here for info  
Septic, water & well inspections / tests  
Miscellaneous expenses & Buyer costs
     (Buyer closing credits, liens, judgements, etc.)
 
Brokerage service fee  
TOTAL COSTS $
Sale Price / Subtotal  
Less total costs  
ESTIMATED NET PROCEEDS $
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