Seller's Net Proceeds Calculator
Property & Loan Details
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Property Tax Proration
How proration works:
In AL and GA, property taxes are paid in arrears. At closing, the seller credits the buyer for each day of the year they owned the home (Jan 1 through closing day) so the buyer can pay the full year's tax bill when it comes due.
Closing Costs & Fees
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Results Summary
Estimated Net Proceeds
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Total Mortgage Payoff
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Total Closing Costs
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Agent Commission
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Per-Diem Interest
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Tax Proration Credit
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Mortgage Payoff Breakdown
Closing Costs & Fees
Settlement Statement
Important:
This is an estimate, not a commitment or guarantee. Final figures are determined by your title company or closing attorney based on the actual closing date, lender payoff statement, and applicable local fees. Per-diem interest is calculated on the outstanding balance through closing day plus buffer days to account for payoff statement processing time. Always request an official payoff statement within 10 days of your scheduled closing.