Connecticut Seller Closing Costs & Net Proceeds Calculator
With
this online calculator, you may easily determine the CT home seller
closing expenses and seller "net" proceeds.
Simply enter the sale price, followed by the various closing fees,
such as the Connecticut transfer tax and seller-paid closing costs
(if applicable).
Please let me know if the calculator is out of date or if you are
interested in purchasing it - Email.
Realtor® Commission - Flat dollar
amount* - If the commission is a flat dollar amount (i.e. $6,000),
enter that amount in the adjacent box. The cost will override the
percentage calculation. If the split-commission calculator is used
below, the calculation will override both the percentage and flat
dollar commission. Be sure to tick the box to add to total for this
feature to work.
Seller Cost Contribution - If the seller
is paying a flat dollar amount toward the seller assist, enter the
cost in the adjacent box. The cost will override the percentage
calculation. Make sure you are within the maximum allowable cost
for a seller assist.
Learn
more about seller paid closing costs
split-commission Calculator - The split-commission calculator will estimate the commission when the commission
is "split" between two percentages. If the commission is calculated
on a split-commission percentage, make sure you tick the "ADD TO
TOTAL" to Yes.
Frequently Ask Questions About Connecticut Closing Costs
What costs do sellers pay to sell their home?
The seller typically pays the State and local conveyance tax
and attorney’s fee, the cost can vary, Expect $600 to $1,500 (possibly
more). The seller will be charged a recording fee to release any
existing mortgage(s), if applicable. The cost will be approximately
$200. The real estate taxes that are paid or unpaid will be prorated
to the date of settlement. If the real estate taxes are unpaid,
the amount of unpaid taxes for the time the seller occupied the
property will be subtracted from the proceeds of the sale.
Additional costs include real estate agent fees and any seller paid
closing costs that were agreed to and stated in the sales contract.