Payoff calculator

Selling a house with a mortgage

Your lender is paid from the sale at closing. Type your price and payoff to see what is left for you, or what you would bring.

Transfer tax rates for 20 states, each from the state's own page. Pick your state

You walk away with $0

Type a sale price to start.

See every line

General information, not tax, legal or financial advice.

Sale price$ Mortgage payoff$ State

Agent commissions

Listing agent% Buyer's agent%

Transfer tax: who pays, local taxes

Local transfer tax, if any%

Closing date, property tax, fees, credits

Closing date Yearly property tax$ This year's tax is Title, escrow, settlement$ Credits to the buyer$ Other costs$

Compare two more prices

Second price$ Third price$

We filled in example numbers. Change them to yours. Nothing you type leaves this page.

Your net sheet

Seller's estimated net sheet

General information, not tax, legal or financial advice. Rates checked October 23, 2026; your title company's statement is the final word. For the gain on your sale, use the gain calculator.

The payoff, worked out

A $350,000 sale with $300,000 left on the mortgage, 5.45% in commissions and $2,000 in title fees:

$350,000 less the $300,000 payoff is $50,000 of equity.
Commissions take $19,075 and title fees $2,000, leaving $28,925 before transfer tax and property tax.

Pick your state above to add its transfer tax; the sheet adds this year's property tax for your closing date.

What sellers ask next

Can you sell a house with a mortgage?

Yes, and most sellers do. The mortgage is paid off from the sale at closing: the title company or attorney sends your lender the payoff, and you get what is left after the other costs.

How do I find my payoff amount?

Ask your lender for a payoff statement for your closing date. It is your balance plus interest to that day and any fees, and it is usually more than the balance on your monthly statement.

What if I owe more than the house sells for?

Then the sale leaves a shortfall, and you bring that money to closing. If you cannot, a sale for less than you owe needs the lender's approval, often called a short sale. The calculator shows a shortfall as money you bring.

Is there a penalty for paying the mortgage off early?

Most home loans have none, but some do. Your loan documents or your lender say whether yours does.

When do I get the money?

After closing, once the payoff and costs are paid, the rest is wired to you or paid by check, often the same day or within a few business days.

General information, not tax, legal or financial advice.

Transfer tax by state

Each page gives that state's rates, with a link to the state's own page they came from.