Georgia Seller Closing Cost Calculator
With
this calculator, you can easily estimate the Georgia home seller
closing costs and seller "net" proceeds. Simply enter the sale
price, followed by the various closing costs, including seller-paid
closing costs (if applicable).
If you find an error or want to make a comment, please send me an
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 the 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 Georgia Closing Costs
What costs do sellers pay to sell their home?
The seller typically pays the Georgia transfer tax,
the cost is $1.00 per $1,000. For example, a sales price of $100,000/1,000
= 100 X $1.00 = $100.00. The Georgia transfer tax is one of the lowest
in the country. Georgia does not have any mortgage, recordation, or excise
taxes.
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.