Home Selling Costs & Proceeds Calculator

Enter Transaction Information Below to Calculate Your Home Selling Closing Costs and Proceeds.

 

 

Home Selling Closing Costs & Proceed Calculator

You can use our calculator above to estimate the Seller’s Closing Costs and Estimated Proceeds.  If you need a more precise estimate, contact us or simply request a full Comparative Market Analysis (CMA).  For now, we hope that our Home Selling Closing Costs & Proceed Calculator provides you with some answers.

Closing Costs for Home Sellers in the Orlando, Florida Area include the following:

  1. Florida Documentary Stamps on the Deed:
    $.70 per every $100 of the sale price: (i.e. $100,000 ÷ 100 x .70 = $700.00).
  2. Title Insurance (Owner’s Policy):
    The Owner’s Title Insurance Policy is a one time fee, paid at closing of escrow. The title policy cost is determined by the State of Florida. Currently Florida Title Insurance Premiums are determined based on the purchase price of the property as follows: up to $100,000 = $5.75 per thousand, over $100,000 = $5.00 per thousand (i.e. $100,000 = 575.00; $200,000 = $1,075.00).
  3. Title Closing Agent Fee:
    Is the fee charged by the title agent for handling the closing itself. Some of the miscellaneous fees are included here like, mailing and other minor fees. The Closing Agent Fee will range from $300 to $500 in most cases.
  4. Title & Lien Search Fees:
    Title and Lien Searches will be done to ensure there are no outstanding bills or issues on the property. These fees will total from $100 to 250.
  5. Florida Real Estate Brokerage Fees/Commission:
    The Real Estate Brokerage Fee or Commissions will likely be your the largest expense when selling your home. Most real estate companies offer full service, which means the brokerage pays most marketing costs upfront. You only pay the real estate commission, if there is a successful sale. Real estate brokerage fees range in cost from 5% to 7% for most sales.
  6. Real Estate Property Taxes:
    The seller will be responsible for paying property taxes when selling a property. The property taxes will be prorated the beginning of the year, January 1, until the day before the transaction closes. This is because property taxes are paid at the end of the year for which they were assessed.

    • Your Property Tax Proration is calculated by:
      1) Divide your total Property Tax Bill by the 365 days in a year. This will give you your Proration Amount Per Day.
      2) Count the number of days in the tax year you will have owned the property, on the day prior to the Closing.
      3) Take your Proration Per Day in step #1 and multiply it by the Days of Ownership in Step #2. This will give you your Property Tax Proration number. This number is the Seller’s Real Estate Taxes due at Closing of Escrow.