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Home Sale Proceeds Calculator

Know exactly what you'll pocket before you list — agent fees, closing costs, mortgage payoff, and taxes all in one number.

Updated July 2026 · Editorial standards

Your net profit after tax
$317,500
Net proceeds
$317,500
Capital gain
$167,500
Agent commission$27,500Closing costs$5,000Mortgage payoff$150,000Capital gains tax$0

Sale details

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Key figures

Net profit after tax
$317,500
Net proceeds
$317,500
Agent commission
$27,500
Closing costs
$5,000
Capital gains tax
$0

Selling your home for $500,000 nets $317,500 after agent fees and closing costs — and $317,500 after capital gains tax.Your capital gain of $167,500 benefits from the $250k single home sale exclusion — reducing your taxable gain to $0.

Where your sale price goes

Net profit after tax
$317,500
By KalkWiseVerified against official sources Updated July 2026

What is the home sale proceeds calculator?

In short

Selling a $500,000 home with a $150,000 mortgage, 5.5% agent commission, and 1% closing costs nets roughly $170,250 before capital gains tax. With a $250,000 gain over purchase price and the primary home exclusion ($250k single / $500k married), most sellers owe $0 in capital gains tax. Your actual proceeds depend on your mortgage payoff, commission rate, and whether your gain exceeds the exclusion.

This home sale proceeds calculator estimates your net profit from selling a home — subtracting agent commissions, closing costs, repairs, mortgage payoff, and capital gains tax (after the primary residence exclusion).

How to use this calculator

  1. 1Enter your expected sale price and original purchase price.
  2. 2Set the agent commission rate (typically 5–6% total).
  3. 3Add seller closing costs (title, escrow, transfer taxes — ~1–2%).
  4. 4Enter any repair or staging costs and your remaining mortgage balance.
  5. 5Add capital improvements to increase your cost basis and reduce taxes.
  6. 6Choose your filing status for the correct home sale exclusion ($250k or $500k).
  7. 7Set your capital gains tax rate (0%, 15%, or 20% based on income).

The formula

net=sale−commission−closing−payoff
gain=sale−basis−exclusion
Net proceeds = Sale price − agent commission − closing costs − repairs − mortgage payoff. Capital gain = Sale price − purchase price − improvements − selling costs. Taxable gain = max(0, capital gain − exclusion). Tax = taxable gain × rate. Final profit = net proceeds − tax.
exclusion
— $250,000 for single filers / $500,000 for married — tax-free primary residence gain
commission
— Agent fees — typically 5–6% split between buyer and seller agents
closing costs
— Title insurance, escrow, transfer taxes — typically 1–2% on seller side
adjusted basis
— Original purchase price + improvements + selling costs

Worked example

The scenario

$500,000 sale price, purchased for $300,000, 5.5% commission, 1% closing costs, $150,000 mortgage payoff, single filer.

gives

The result

Commission: $27,500. Closing costs: $5,000. Net proceeds: $317,500. Capital gain: ~$167,500 (under the $250k exclusion). Capital gains tax: $0. Final profit: $317,500.

Common use cases

  • Estimating your take-home from a home sale before listing
  • Deciding whether to sell now or wait for a higher price
  • Calculating capital gains tax exposure if your gain exceeds the exclusion
  • Planning a 1031 exchange if selling an investment property

Limitations & assumptions

  • Capital gains exclusion requires you lived in the home as a primary residence for 2 of the last 5 years.
  • Investment properties do not qualify for the $250k/$500k exclusion — full gain is taxable.
  • State capital gains tax is not included — most states tax gains as ordinary income.
  • Depreciation recapture for rental properties is not modeled.

Frequently asked questions

Most homeowners owe $0. The IRS allows a $250,000 exclusion ($500,000 married) on capital gains from a primary residence — if you lived there 2 of the last 5 years. Only homes with a gain above those thresholds face tax. On a home bought for $300,000 and sold for $520,000, a single filer's gain is $220,000 — fully excluded. At $580,000, only $30,000 would be taxable at 0%–20%.

Disclaimer: KalkWise calculators are provided for general informational and educational purposes only and do not constitute financial, investment, tax, or legal advice. Results are estimates based on the figures you enter and the assumptions described above. Actual outcomes will vary. Consult a qualified professional before making financial decisions.