Home Sales Calculator

Home Sale Price
Real Estate Agent Fees %
Staging and Prep Work %
Seller Concessions %
Home Ownership and Overlap Costs %
Title, Escrow, Notary, and Transfer Tax %
Repairs Needed to Sell Home
Mortgage Payoff Amount
Net Proceed
Cost to Sell

House sales calculator

Buying or selling a house is a significant financial decision that can have a profound impact on your life. Whether you're a homeowner looking to sell your property or a prospective buyer trying to understand your budget, having a clear understanding of the financial aspects involved is crucial. 

House sales calculator is a tool designed to help you estimate various financial aspects of buying or selling a house. 

It takes into account a wide range of factors, such as property price, down payment, loan interest rates, property taxes, etc., to provide you with a comprehensive picture of the costs and potential gains involved in a real estate transaction.

What is a house sales calculator?

A house sales calculator is a digital tool that helps individuals, homebuyers, and real estate professionals estimate various financial aspects and costs associated with buying or selling a house. It provides users with valuable insights into the financial implications of a real estate transaction, allowing them to make informed decisions.

Why use a house selling commission calculator?

Various reasons to use house selling commission calculator:

1. Cost estimation

When selling a house, understanding the costs associated with real estate agent commissions is crucial. A commission calculator helps you estimate these expenses, allowing you to plan your budget effectively.

2. Seller's net proceeds

For sellers, the calculator can provide a more accurate estimate of the net proceeds from the sale after deducting the commission and other selling costs. This information helps sellers make informed financial decisions.

3. Comparing agents

When choosing a real estate agent, you can use the calculator to compare the costs associated with different agents or brokers. This can help you select an agent whose commission structure aligns with your financial goals.

4. Buyer's consideration

For buyers, understanding the potential impact of seller's commissions on the final purchase price is important. It can help you assess whether the asking price is reasonable and negotiate accordingly.

How to calculate house selling commission?

Steps to calculate the house selling commission:

  1. Determine the commission percentage

Contact your real estate agent or brokerage to find out the commission percentage they charge. This percentage can vary and is typically negotiable but is often around 5-6% of the final sale price.

  1. Identify the sale price

Determine the final sale price of your property. This is the amount agreed upon by the buyer and seller in the purchase agreement.

  1. Calculate the total commission

Calculate the total commission by multiplying the sale price by the commission percentage. 

The formula is as follows:

Total Commission = Sale Price × Commission Percentage

For example, if your property sells for $600,000, and the commission percentage is 8%, the calculation would be:

Total Commission = $600,000 × 0.08 = $48,000

So, the total commission would be $48,000.

  1. Split the commission

The total commission is typically split between the listing agent and the buyer's agent. The specific split can vary depending on local customs and agreements. A common split is 50/50, meaning each agent gets half of the total commission.

  1. Calculate individual agent's commission

To calculate each agent's commission, divide the total commission by the number of agents involved (usually 2).

Listing Agent's Commission = Total Commission ÷ 2

Buyer's Agent's Commission = Total Commission ÷ 2

Using the example above with a total commission of $48,000:

Listing Agent's Commission = $48,000 ÷ 2 = $24,000

Buyer's Agent's Commission = $48,000 ÷ 2 = $24,000

So, each agent would earn $24,000 in this case.

How does a house sales commission calculator work?

A house sales commission calculator work as:

  1. Input sale price: You start by entering the expected or agreed-upon sale price of your property. This is the amount for which you plan to sell your home.
  2. Calculate total commission: The calculator multiplies the sale price by the commission percentage to determine the total commission amount. The formula is straightforward:
    Total Commission = Sale Price × Commission Percentage
  3. Customization (if applicable): Some property sales commission calculators may allow for additional customization, such as specifying different commission rates for the listing agent and buyer's agent or accounting for potential negotiations.
  4. Consider split: The calculator might show the standard split between the listing agent and the buyer's agent, which is often 50/50, meaning each agent receives an equal share of the commission. However, this split can vary based on agreements and local practices.

Property sales commission formula

The formula for property sales commission:

Property Sales Commission = Sale Price × Commission Rate


  • Property sales commission: The total commission amount that the real estate agents or brokers will earn from the sale of the property. It represents the compensation for their services in facilitating the sale.
  • Sale price: This is the final price at which the property is sold to the buyer. It's the agreed-upon value that both the seller and buyer have settled upon in the real estate transaction.
  • Commission rate: This is the percentage rate agreed upon between the seller and the real estate agent or brokerage. It represents the portion of the sale price that the agent(s) will receive as compensation. For example, if the commission rate is 5%, you would express it as 0.05 in the formula.

For instance, if you sell your property for $200,000 with a commission rate of 6%, the calculation would be:

Property Sales Commission = $200,000 × 0.06 = $12,000


How are capital gains calculated on sale of house?

To calculate capital gains 

1. Determine the sale price

Start by identifying the sale price at which you sold the house. This is the total amount the buyer paid for the property.

2. Calculate the adjusted cost basis

Calculate the adjusted cost basis of the property. The cost basis represents the original purchase price of the property, adjusted for certain expenses and improvements. Here are some factors to consider when calculating the adjusted cost basis:

a. Purchase price: Include the original purchase price of the property.

b. Purchase expenses: Include costs such as real estate agent commissions, legal fees, and title insurance paid at the time of purchase.

c. Capital improvements: Add the cost of any substantial improvements or renovations made to the property during your ownership. These improvements can increase your cost basis.

d. Depreciation: If the property was used for rental purposes, you might have claimed depreciation deductions over the years. You may need to recapture some of the depreciation as income when calculating your cost basis.

3.Calculate the capital gain

Once you have the sale price and adjusted cost basis, calculate the capital gain using the following formula:

Capital Gain = Sale Price - Adjusted Cost Basis

4. Determine the tax rate

Check your country's tax laws to determine the applicable capital gains tax rate. Capital gains tax rates can vary based on factors such as your income, the length of time you owned the property, and whether it qualifies for certain exemptions.

5. Exemptions and Deductions (if applicable)

Many countries offer exemptions or deductions that can reduce or eliminate capital gains tax on the sale of a primary residence. These exemptions are often available if you meet certain criteria, such as living in the house for a minimum period as your primary residence.

6. Calculate the Capital Gains Tax

Multiply the capital gain by the applicable capital gains tax rate to calculate the capital gains tax liability. The formula is as follows:

Capital Gains Tax = Capital Gain × Capital Gains Tax Rate

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