Seller Net Sheet Calculator

Signed movements reconcile to the cash subtotal. Select a step to review its ledger rows. Credits increase cash; a negative subtotal requires a contribution.

Interest = principal × annual rate × accrual days ÷ 360 or 365. Enter the lender’s day count and its reference date. Later closing dates add actual calendar days for a per-diem estimate. This does not reconstruct payment history or calendar 30/360 rules; verify the lender’s quote.

With fixed deductions F and a constant price-based rate s, S = (N + F) / (1 − s) requires 0 ≤ s < 1. The actual preview re-evaluates rounded and price-sensitive charges.

Author: Quinn Sumner - Editor

Owner: Quinn Sumner - Editorial Owner

Last reviewed: 2026-05-23

Last verified: 2026-10-21

Data effective: 2026-03-01

Signed movements reconcile to the cash subtotal. Select a step to review its ledger rows. Credits increase cash; a negative subtotal requires a contribution. Interest = principal × annual rate × accrual days ÷ 360 or 365. Enter the lender’s day count and its reference date. Later closing dates add actual calendar days for a per-diem estimate. This does not reconstruct payment history or calendar 30/360 rules; verify the lender’s quote. Technical source and arithmetic checks: October 21, 2026. This is not a new professional underwriting, legal, tax or editorial endorsement.

Assumption: All compensation is negotiable. Presets and comparisons are entered illustrations, not required or prevailing rates.

Assumption: Defaults are modeling assumptions, not state rules. Enter the actual billing period and amounts. Seller share minus tax already paid gives a debit or credit; the closing-day allocation is explicit.

Assumption: A quoted total replaces principal, interest and release fees; it is not added twice. Without a current date or extension per diem, the payoff remains unconfirmed.

Assumption: Offer dates recompute loan interest and tax proration. Only the entered extra daily expense is deducted separately; no hidden daily overhead or discount rate is assumed.

Planning arithmetic only. This is not an ALTA form, Closing Disclosure, legal filing, payoff certification or tax return. No payment or wire instructions are provided.

Use local quotes and negotiated allocations. The optional Texas basic premium uses March 1, 2026 rates above USD 100,000 and excludes endorsements and discounts. Other jurisdictions and smaller policies need an entered quote.

This is a separate rough gain illustration. Cash proceeds do not determine taxable gain. Ownership, use, look-back rules, depreciation, nonqualified use, holding period, NIIT and state treatment require tax advice; no income bracket or eligibility is determined here.

The equivalent-price figure matches only first-year monthly savings at an assumed 80% loan-to-value and 30-year term. Temporary savings are not permanent price reductions. Permanent-rate points are an entered assumption, not a market quote.

Professional guidance: Payoffs are estimated or have incomplete/expired quote information. Verify the lender’s current payoff before relying on these numbers. This is a separate rough gain illustration. Cash proceeds do not determine taxable gain. Ownership, use, look-back rules, depreciation, nonqualified use, holding period, NIIT and state treatment require tax advice; no income bracket or eligibility is determined here.

Why is a payoff different from the principal balance? - Consumer Financial Protection Bureau

Are cash proceeds the same as taxable gain? - Internal Revenue Service

Is a commission rate required? - National Association of REALTORS®

Texas basic-premium illustration, over USD 100,000 - Texas Department of Insurance