What You’ll Net at Closing

To find out how much money you’ll net from your house, add up your closing costs and subtract them from the sale price of the house. *

Closing Costs for Sellers
Mortgage payoff and outstanding interest
Attorney’s fees
Pro-rations for real estate taxes
Pro-rations for utility bills, condo fees, and other items paid in arrears
Capital Gains and Withholding Taxes
Brokerage commission
Total

 *The above list is provided to help you estimate what you’ll net from closing.  Please consult with your attorney, accountant, and/or lenders for a more accurate estimate.

Based on an article from REALTOR® Magazine Online
by permission of the National Association of REALTORS®
Copyright 2005. All rights reserved.