Home Equity & Seller Net Proceeds

Equity is sale price less mortgage payoff and other liens. Net proceeds also subtract compensation, closing costs, repairs and concessions. Compensation is negotiable and not set by law; 5% is an editable illustration, not a quote. Use a lender payoff statement including accrued interest. Closing costs may include attorney/title fees, transfer taxes and prorations. Capital-gains taxes, moving expenses and unlisted costs are excluded.

Assumptions reviewed October 13, 2026. CFPB: planning your housing budget. 713-705-6554 · Search homes