What will you walk away with when you sell?
Enter a sale price and what's left on your mortgage to see the cash you'd keep after transfer taxes, the broker, a co-op's flip tax and your attorney, in Manhattan or the Hamptons.
Available now, no account neededCheck these:
Enter your sale price to see what you'd walk away with.
Your net proceeds$0
Your mortgage balance is more than the sale price. The lender has to be paid off in full at closing, so you'd cover the difference and the selling costs yourself, unless the lender agrees to a short sale.
Selling costs$00.0% of the sale price
Mortgage payoff$0Paid to your lender from the sale
Your costs, itemised
| Item | Estimate | Notes and source |
|---|---|---|
| Total selling costs | $0 |
Worth knowing
- In the Hamptons the buyer pays the Peconic Bay tax under state law, so it isn't in your costs. There is no city transfer tax; the seller pays the New York State transfer tax. NY Tax Law §1449-dd: who pays the Peconic Bay tax · checked 2026-10-21 NY Tax Department: real estate transfer tax · checked 2026-10-21
- In Manhattan the state transfer tax is paid by the seller, and the city's transfer tax (RPTT) usually is too. NY Tax Department: real estate transfer tax · checked 2026-10-21 NYC Finance: RPTT rates · checked 2026-10-14
- Capital gains tax may apply to your profit on the sale and isn't included here. IRS Topic 701 explains who can exclude part of the gain on a home; Publication 523 shows how to work out the gain. IRS Topic 701, Sale of your home · checked 2026-10-21 IRS Publication 523, Selling your home · checked 2026-10-21
- Tax rates checked 2026-10-14. Estimates for planning, not legal or tax advice; your attorney confirms the closing statement.