Seller net sheet calculator
Estimate what you’d walk away with after the mortgage, back taxes, liens and closing costs are paid. Nothing you enter leaves your browser.
Estimated net to you
$0
- Sale price
- $0
- Mortgage payoffs
- $0
- Back taxes and liens
- $0
- Agent commission
- $0
- Michigan transfer tax
- $0
- Closing fees, repairs, credits
- $0
Enter a sale price to start.
An estimate only. Your title company’s settlement statement is final.
How the estimate works
Everything owed against the house is paid out of the sale at closing, so your net is the sale price minus those payoffs and the costs of selling. Ask your lender for a written payoff, since it includes interest up to the closing date and can be higher than your statement balance.
Michigan transfer tax
Michigan charges a state transfer tax of $3.75 and a county transfer tax of $0.55 for each $500 of the sale price, or part of $500. The seller usually pays it, but the purchase contract decides, and some sales are exempt. The title company confirms the final amount.
What this leaves out
Property taxes for the current year are usually split between buyer and seller at closing, and water bills or HOA dues may need to be paid off. Your title company’s settlement statement is the final number.
Sources, checked October 2026: Alger County Register of Deeds: Michigan real estate transfer tax rates. This calculator gives estimates, not legal, tax or financial advice.
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