Official YourHomeYourTerms.com Net Proceeds Calculator
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Long Island means Nassau or Suffolk. NYC / 5 Boroughs includes Queens, Brooklyn, Manhattan, the Bronx, and Staten Island. Transfer taxes differ substantially between the two, so this changes your number.
Your remaining mortgage balance. Enter 0 if the home is paid off.
| Sale price | |
| Listing commission HomeSeller Advantage™ Full-Service, 1.99% | |
| Buyer-agent commission Your choice. Optional. This may affect buyer-agent interactions, worth discussing before you list.
%
$
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| Transfer tax | |
| Mansion tax In New York, the buyer pays this. | $0 |
| Attorney Typical estimate | |
| Recording, municipal & misc. Typical estimate | |
| Mortgage payoff | |
| Estimated net proceeds |
Transfer taxes are set by statute. The rates used here are verified against tax.ny.gov and nyc.gov.
The mansion tax is shown at zero because the buyer pays it in New York. Many seller calculators get this wrong and show it as your cost.
Attorney and recording costs are typical estimates, drawn from recent transactions, not published rates. Your actual figures may differ.
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Pick a time on my calendar. We'll talk through your numbers, your timing, and what a sale would actually look like.
Pick a Time That Works for YouTransfer taxes are verified against tax.ny.gov and nyc.gov.
Attorney ($2,500) and recording, municipal & misc. ($1,750) are typical estimates drawn from recent transactions, not published rates. They vary.
Not included: prorated property taxes, payoff interest, repairs, seller concessions, co-op flip taxes, or capital gains and nonresident income taxes where applicable. Your attorney's net sheet will capture these.
This is an estimate. It is not a substitute for your attorney's net sheet, and it is not legal or tax advice.
Rates verified as of July 2026. HomeSeller Advantage™ is a program of YourHomeYourTerms.com.
Charles Bianco
Licensed Associate Real Estate Broker • Lic. 10301214968
Licensed Home Loan Officer • NMLS 1919553
Nassau County Property Tax Grievance Representative • NC830
Real Estate Firm: VORO Real Estate • 1129 Northern Blvd, Manhasset, NY 11030
Home Lending Firm: United Mortgage Corp. • NMLS 1330
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This calculator provides estimates for informational purposes only. It is not an appraisal, and it is not legal, tax, or financial advice. Figures are estimates and your actual results will differ. Consult your attorney and tax professional. Property tax grievance service is available for Nassau County 1-3 family homeowners only and does not cover incorporated village or city taxes.
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