The first question every seller asks: what will I actually walk away with? Enter your sale price, mortgage balance, and costs below to get an estimated net proceeds figure before you ever list.

Sale Details
Enter 0 if you own the home free and clear.
Agent Commission
Discuss your specific commission structure with your agent.
Seller Closing Costs
Typical: $400–$700. Optional.
Any closing cost credits agreed to in the purchase contract.
Taxes owed through closing date. Estimate: annual taxes ÷ 12 × months.

Gross Proceeds
Sale Price
Deductions
Mortgage Payoff
Agent Commission
Attorney & Closing Fees
Recording & Transfer Fees
Pre-Sale Repairs & Staging
Home Warranty
Buyer Closing Cost Credits
Prorated Property Taxes
Total Deductions
Estimated Net Proceeds

What Affects Your Net Proceeds

Mortgage Payoff is the single largest deduction for most sellers. Call your lender and request a payoff statement — it will include the exact principal balance plus any accrued interest and fees through a specific payoff date.

Commission is negotiated between you and your listing agent. The structure of buyer agent compensation has evolved significantly since 2024 — discuss the current commission framework with your agent before listing.

Prorated Taxes are owed for the portion of the year you owned the property through the closing date. In Alabama, the seller typically pays taxes through the closing date; the buyer is responsible from closing forward.

Closing Costs You May Not Expect:

  • Title transfer and recording fees are typically shared or paid by the seller in Alabama, depending on the contract
  • Home warranty is optional but common in buyer’s market conditions
  • Buyer credits for closing costs or repairs discovered during inspection are negotiable

After You Have Your Net Proceeds Number

If you’re selling to buy another home, your net proceeds become part of your down payment on the next property. Run the Closing Cost Estimator to understand what you’ll need at closing on the purchase side.

This calculator provides estimates for planning purposes only. Actual net proceeds depend on final negotiated terms, mortgage payoff amount as of the actual closing date, proration calculations, and any transaction-specific costs. Consult a licensed Alabama real estate attorney for guidance specific to your situation.

Want a more precise net proceeds estimate?

I can walk through a detailed seller net sheet for your specific property — actual commission structure, realistic closing cost ranges for your price point, and current market context on what buyers are negotiating. No obligation.

Get in Touch →

Milton Christ, REALTOR® | naf Cash Certified | Keller Williams Alabama Gulf Coast | AL License #172097