Sell my home calculator

How do I calculate my profit from selling my house?

You must subtract mortgage payoff, prep costs, agent commission, closing costs, and all other fees from the sale price to get your net proceeds. Then, you have to do the extra math of subtracting the home's purchase price and any upgrades or improvements done to the home in order to get your true profit.

How much do you typically lose when you sell a house?

The average cost to sell a house is nearly 15% of its sale price—which includes agent commissions, home improvements, closing costs and moving fees. So if you sell a home for $250,000, you might pay around $37,000 to cover selling expenses.

How do I calculate equity in my home after selling?

To calculate your home's equity, divide your current mortgage balance by your home's market value. For example, if your current balance is $100,000 and your home's market value is $400,000, you have 25 percent equity in the home. You can get an idea of your home's equity easily using the above calculator.

What is the most effective way to sell a house?

Price by negotiation\n\n With this method properties are marketed without a price indication. The theory behind this is that potential buyers will offer what they believe the property is actually worth, or, at least, what it's worth to them, says Church.