Zillow Net Proceeds Calculator
Determine your actual take-home cash after Zillow fees, commissions, and closing costs.
Understanding Your Zillow Net Proceeds
When you look at your Zestimate on Zillow, it represents the market value of your home, not the amount of cash you will receive at the end of the transaction. A Zillow calculator for sellers must account for several financial deductions that occur during the escrow process.
Key Factors in the Calculation:
- Agent Commissions: Traditionally, sellers pay both the listing agent and the buyer's agent. This usually totals 5% to 6% of the sale price.
- Closing Costs: These include title insurance, transfer taxes, escrow fees, and recording fees. On average, these range from 1% to 3% for the seller.
- Mortgage Payoff: This is the remaining principal on your current loan, plus any accrued interest and potential prepayment penalties.
- Repairs and Credits: Following a home inspection, buyers may request repairs or financial credits toward their own closing costs.
How to Use This Tool
To get an accurate estimate, input your expected sale price (or current Zestimate). Enter the commission percentage you've negotiated with your Realtor. Finally, subtract your outstanding mortgage balance to see your equity. This "Zillow-style" calculation helps you plan for your next home purchase by knowing exactly how much liquidity you will have after the sale is finalized.