Sale Proceeds After Debt Calculator

Net equity to sellers after all closing costs.

Gross sale price

Debt balance

Broker commission %

Closing costs

Prepayment penalty

Other fees

Net equity to seller

$10,890,000

Total costs

$1,110,000

Costs % of gross

0.04%

How the math works

Broker = price × %. Total costs = broker + closing + prepay + other. Net = price − debt − costs.

$28M − $16M debt − $420k broker − $180k − $450k prepay − $60k = $10.89M net equity. 3.97% costs of gross.

How to Use

Enter gross sale price.
Enter debt balance.
Enter broker commission %.
Enter closing costs.
Enter prepayment penalty.
Enter other fees.
Read net equity.

Frequently Asked Questions

Typical closing costs?

Broker 1-3% institutional, 3-6% smaller. Legal $25-250k. Title insurance 0.3-0.8%. Transfer tax 0-3% (state-dependent). Escrow 0.1-0.3%. Environmental/survey. Total 2-5% of price. Some covered by buyer depending on market.

Prepayment penalties?

CMBS defeasance: 3-10% of balance. Conduit yield maintenance: 5-15% depending on rate spread. Agency step-down: 5/4/3/2/1% by year. Bank loans: typically 1-3% or graduated. Commercial mortgages: variable — always check loan docs early in sale process.

Planning?

Run pro forma sale proceeds early (12+ months before target). Accurate payoff quote from lender. Broker commission negotiable on large transactions. Tax structuring (1031, QOF) requires advance setup. Net equity drives investor distributions — error here creates credibility issues.