Selling Costs and Net Proceeds
What comes out of the sale price in Florida, and an estimate of what could be left for you.
The price a home sells for and the check you walk away with are two different numbers. Here is what usually sits between them in a Florida sale, and a calculator to estimate your own.
What comes out of the sale price
- Your loan payoff. From your lender's payoff statement, which runs a little higher than your monthly statement's balance because interest runs to the payoff date. Any home equity line or other lien is paid off too.
- Brokerage compensation. Negotiable, and set in writing in your listing agreement, including anything you choose to offer a buyer's brokerage. There's no standard rate.
- Doc stamps on the deed. Florida's documentary stamp tax on the sale, 70 cents per $100 of the price in every county except Miami-Dade (Florida Dept. of Revenue). The contract says who pays.
- Title insurance. The buyer's owner's policy has a premium set by the state. The contract says who pays it.
- Title and settlement fees from the title company.
- Credits to the buyer you agree to, such as closing cost help or a repair credit.
- Association fees at sale, such as an estoppel certificate, if you have an HOA.
- Your share of this year's property taxes. Florida property is assessed as of January 1 and bills generally go out in November (Florida Dept. of Revenue), so the year you sell usually isn't paid yet at closing. When the contract prorates it, you credit the buyer for your part of the year.
- Repairs and prep you choose to do before listing.
Seller net proceeds calculator
Start from a sale price and see what could be left after the payoff, Florida's deed tax, title insurance, brokerage compensation you enter, credits, and your share of this year's property taxes.
| Sale price | $0 |
|---|---|
| Mortgage payoff | $0 |
| Other loans or liens | $0 |
| Listing brokerage | $0 |
| Buyer's brokerage | $0 |
| Flat brokerage fees | $0 |
| Doc stamps on the deedFlorida tax on the sale | $0 |
| Owner's title policyState-set premium on the price | $0 |
| Title and settlement fees | $0 |
| Credits to the buyer | $0 |
| Association fees | $0 |
| Your share of this year's taxes | $0 |
| Repairs and prep | $0 |
| Other | $0 |
| Estimated net proceeds | $0 |
Blank lines are left out. Federal tax on any gain isn't included.
Estimate only. This is not a guaranteed net amount, a settlement statement, or an offer or agreement on compensation. It's based only on the numbers you entered and the Florida deed tax and title insurance rates listed under How we calculate this. Brokerage compensation is negotiable and no rate is assumed. Your actual payoff, prorations, fees, and credits come from your lender, the title company, and your contract. This isn't tax, legal, or financial advice.
For a property-specific estimate, have our team check these numbers, or ask the appropriate professional.
How we calculate this
Net proceeds are the sale price minus everything you enter or choose to include: loan payoffs and liens, brokerage compensation (as a percentage or a flat amount, only what you enter), credits to the buyer, title and settlement fees, association fees, repairs, and anything else. Doc stamps on the deed are figured per $100 of the price (or portion of $100), and the owner's title premium from the state's rate schedule, each only if you choose to pay it.
Property taxes: Florida property is assessed as of January 1 and tax bills generally go out in November (Florida Dept. of Revenue), so the bill for the year you sell usually hasn't been paid at closing. When the contract prorates it, the seller credits the buyer for the days from January 1 up to closing; this calculator shows that share from the yearly amount and closing date you enter.
Not included: federal tax on any gain. IRS Publication 523 explains the rules for selling a home, including the exclusion of up to $250,000 of gain ($500,000 if married filing jointly) when you qualify.
Figures used, and where they come from:
- Documentary stamp tax on deeds: 0.70 dollars per $100 of the price, or portion of $100. Source: Florida Dept. of Revenue, Documentary Stamp Tax (s. 201.02(1)(a), F.S.). Last verified September 24, 2026.
- Title insurance rate, first $100,000: 5.75 dollars per $1,000 of coverage. Source: Florida Administrative Code, Rule 69O-186.003 (Title Insurance Rates). Last verified September 24, 2026.
- Title insurance rate, $100,000 to $1 million: 5.00 dollars per $1,000 of coverage. Source: Florida Administrative Code, Rule 69O-186.003 (Title Insurance Rates). Last verified September 24, 2026.
- Title insurance rate, $1 million to $5 million: 2.50 dollars per $1,000 of coverage. Source: Florida Administrative Code, Rule 69O-186.003 (Title Insurance Rates). Last verified September 24, 2026.
- Title insurance rate, $5 million to $10 million: 2.25 dollars per $1,000 of coverage. Source: Florida Administrative Code, Rule 69O-186.003 (Title Insurance Rates). Last verified September 24, 2026.
- Title insurance rate, over $10 million: 2.00 dollars per $1,000 of coverage. Source: Florida Administrative Code, Rule 69O-186.003 (Title Insurance Rates). Last verified September 24, 2026.
- Title insurance minimum premium: 100 dollars. Source: Florida Administrative Code, Rule 69O-186.003 (Title Insurance Rates). Last verified September 24, 2026.
An estimate to plan with, not a closing figure. Your title company and lender provide the final numbers.
Have our team check these numbers
Send them over and we'll walk through them with you, along with the recent sales we'd look at to price your home.
Taxes on the gain
Federal income tax on a gain isn't part of the closing costs, but it can matter. IRS Publication 523 explains the rules for selling a home, including excluding up to $250,000 of gain ($500,000 if married filing jointly) when you meet its conditions. We're not tax advisors; a tax professional can tell you how it applies to you.
Common questions
Is there a standard commission?
No. Brokerage compensation is negotiable and agreed in writing in your listing agreement, including whether you offer anything to a buyer's brokerage. That's why the calculator doesn't fill in a rate.
Why is my payoff higher than my loan balance?
Your monthly statement shows the balance as of a date that's already passed. The payoff statement adds interest through the day the loan is paid off, plus any fees your lender charges to close it out.
Do I have to pay the buyer's closing costs?
Only if you agree to. Credits to the buyer are negotiated in the contract like anything else.
When do I get the money?
At closing, once the payoffs, taxes, and fees on the settlement statement are paid, the title company sends you the rest by the method you arrange with them.
Why clients trust Leslie Wells Realty
What clients say
“I was an out of state buyer and Agata Diggs represented me in the purchase of my second home. She was extremely responsive! Even if she couldn't talk at the moment, she would text me and tell me that she would call me in 15 minutes. She never left me wondering. I've recommended her to a few friends since then. She did a great job.”
“Amazing service from Melissa Moore who helped sell my aunt's home. Being from Scotland, I had lots of questions which Melissa promptly answered even when she was on vacation! We had one viewer and full offer!”
“Working with Alexis Christensen over the past 3 years has been nothing short of incredible. And yes, I really mean 3 years.”
“I am thrilled to have worked with Rachel. She has been professional, but most importantly she was kind, she listened, and was always available to answer any questions. She was a godsend from the very first day and soon felt like family. I would recommend her to anyone.”
“We are incredibly grateful to have been referred to Carly by a friend. When we called her at the last minute to assist with our home purchase, she stepped in and made the entire process seamless. Carly went above and beyond our expectations, and we highly recommend her. We look forward to working with her again in the future.”
Why Leslie Wells Realty
- Years of Leslie's real estate experienceSince 1976
- 50
- Communities covered
- 96
Want to know what your home could sell for?
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