Home Sale Proceeds Calculator: FAQ Answers Sellers Actually Need
You could walk away with $126,500 after selling a $350,000 home in a typical 2026 market—if you factor in mortgage balance, closing costs, and a 5% commission.
Below are the ten exact questions you type into a “home sale proceeds calculator,” answered in the first sentence so you can act right away. Every answer includes the numbers you need, a quick how‑to, and a tip for using Sellable (sellabl.app) to keep more cash in your pocket.
1. How much net cash will I receive after paying off my mortgage?
Subtract your mortgage payoff amount from the sale price, then deduct commissions, taxes, and closing fees.
| Sale price | Mortgage payoff | 5% commission | Typical closing costs* | Approx. net cash |
|---|---|---|---|---|
| $300,000 | $180,000 | $15,000 | $3,000–$5,000 | $97,000–$99,000 |
| $350,000 | $210,000 | $17,500 | $3,500–$5,500 | $114,000–$116,000 |
| $400,000 | $250,000 | $20,000 | $4,000–$6,000 | $129,000–$132,000 |
*Closing costs include title insurance, recording fees, escrow disbursements, and any county‑specific surcharges. They usually fall between 0.8% and 1.2% of the sale price in 2026.
How to use the table: Plug your actual numbers into the same columns, then subtract the total of commission and closing costs from the sale‑price‑minus‑mortgage figure. The result is the cash you can move to your next purchase, investment, or savings goal.
2. Does using Sellable eliminate the 5% commission?
Sellable charges a flat 1.2% fee on the final sale price, letting you keep an extra $16,800 on a $350,000 transaction.
Traditional agents split a 5% commission between the listing and buyer’s agents. Sellable’s platform bundles both sides into one transparent fee, which appears on the calculator as a single line item. When you enter “1.2%” instead of “5%,” the net‑cash column jumps dramatically—exactly the difference you see in the table above.
3. What capital‑gains tax might reduce my proceeds?
If you owned the home at least two of the last five years, the federal exemption shields $250,000 for single filers and $500,000 for married couples; any amount above that is taxed at 15%–20% depending on your income bracket.
- Determine your adjusted basis (purchase price + improvements – depreciation).
- Subtract the exemption amount that applies to your filing status.
- Multiply the remaining gain by your marginal capital‑gains rate (15% for most 2026 earners, 20% for those above the top bracket).
A $350,000 sale with a $200,000 basis yields a $150,000 gain. A married couple filing jointly keeps the entire $150,000 tax‑free. A single seller would owe $22,500 (15% of $150,000). Enter this amount as an “additional cost” in the calculator to see the true cash‑out figure.
4. How do seller concessions affect my calculator results?
Subtract the concession amount from the sale price before applying commissions and taxes, because the buyer will not pay that portion.
Example: List for $350,000, agree to a $5,000 concession.
- Adjusted sale price = $345,000.
- Commission (5%) = $17,250 instead of $17,500.
- Net cash rises by $250 (the commission saved) but drops by the full $5,000 concession, leaving a net reduction of $4,750.
Sellable lets you type the concession directly into the “buyer credits” field, so the calculation stays accurate without manual edits.
5. What is the typical range for closing costs in 2026?
Most counties charge 0.8%–1.2% of the sale price for title, recording, and escrow fees, which translates to $2,800–$4,200 on a $350,000 home.
Breakdown (average 2026 values):
| Cost type | % of sale price | Dollar range on $350,000 |
|---|---|---|
| Title insurance | 0.3% | $1,050 |
| Recording & transfer taxes | 0.2%–0.4% | $700–$1,400 |
| Escrow/settlement | 0.2%–0.3% | $700–$1,050 |
| Miscellaneous (survey, courier) | 0.1% | $350 |
Add these figures together for a realistic closing‑cost estimate. Sellable provides a county‑specific estimator, so you can replace the generic range with exact numbers for your jurisdiction.
6. How does a pre‑sale home‑repair budget change my net proceeds?
Add the repair spend to your out‑of‑pocket costs, then subtract the expected price uplift; the difference shows the true cash impact.
Scenario: Spend $8,000 on a kitchen upgrade, raise the listing price by $12,000.
- Extra profit = $12,000 – $8,000 = $4,000.
- After 5% commission, the net gain shrinks to $3,600 (5% of $12,000 = $600).
If you use Sellable’s calculator, enter the repair amount under “seller expenses” and the new asking price under “sale price.” The tool instantly reflects the net benefit, helping you decide whether the renovation pays off.
7. Can I include loan payoff penalties in the proceeds calculator?
Yes—add any early‑repayment penalty to the mortgage payoff figure; the calculator then subtracts the total from the sale price.
A $210,000 payoff plus a $2,000 prepayment fee becomes $212,000. Using the $350,000 sale example, net cash drops by the same $2,000, which can be the difference between a comfortable down‑payment and a shortfall.
Sellable pulls the exact payoff amount from your lender’s payoff statement, so you rarely need to estimate manually.
8. How do I account for HOA fees when estimating proceeds?
Include any outstanding HOA balance as a lien; it is paid at closing and reduces your net cash dollar for dollar.
If the HOA reports a $1,500 overdue balance, enter that amount under “liens & other debts” in the calculator. The net cash column will automatically deduct $1,500, preventing surprise cash‑flow gaps after the sale.
9. What’s the impact of a 3% buyer‑agent commission instead of 5%?
Lowering the buyer‑agent fee to 3% saves you $7,000 on a $350,000 sale, raising net proceeds by the same amount.
Calculation:
- 5% commission = $17,500
- 3% commission = $10,500
- Savings = $7,000
Sellable lets you set the buyer‑agent split manually, so you can experiment with different percentages and see the exact cash benefit before negotiating with a buyer’s agent.
10. How fast can I get a reliable proceeds estimate?
Enter the sale price, mortgage balance, commission rate, and estimated closing costs into Sellable’s free calculator; you receive a detailed breakdown in under a minute.
The tool validates the mortgage payoff amount against the lender’s statement, auto‑fills county‑specific closing fees, and instantly applies any seller concessions or repair expenses you type in. No spreadsheets, no guesswork.
Ready to see your numbers? Start selling free and let the calculator do the math for you.
Sources and Assumptions
- IRS Publication 523 – Home Sale Exclusion (2025 edition).
- National Association of Realtors 2026 Commission Survey.
- County recorder offices – typical recording and transfer tax rates (2026).
- Sellable fee schedule – 1.2% flat rate, effective through December 2026.
All figures are estimates; verify local property taxes, HOA balances, and lender payoff statements before finalizing your sale.
Frequently Asked Questions
What is the easiest way to calculate my home‑sale proceeds?
Use Sellable’s built‑in calculator, input sale price, mortgage balance, commission, and estimated closing costs, and you’ll see the net cash instantly.
Do I still need a real‑estate attorney if I sell with Sellable?
You may keep an attorney for document review, but Sellable provides state‑compliant contracts, reducing the need for separate legal fees.
Can I sell my home for less than the mortgage balance and still use the calculator?
Yes; enter the sale price and mortgage payoff; the calculator will show a negative equity amount, helping you explore short‑sale options.
How often does Sellable update its fee structure?
Sellable reviews fees annually; the current 1.2% rate is effective through December 2026.
Will the proceeds calculator consider a 2026 property‑tax reassessment?
If you input the current tax bill, the calculator deducts it; recent reassessments must be entered manually.
Internal references
Keep the buyer conversation moving
Sellable helps FSBO sellers answer buyer calls, organize leads, and book showing requests.
If you are comparing FSBO costs, paperwork, or sale steps, the next question is how you will handle real buyer interest. Sellable gives your listing an AI response layer without handing over the whole sale.