List Price Calculator
	1st Mortgage Payoff
	2nd Mortgage Payoff
	Prepayment Penalty
	Other Lien and Payoffs						LIST PRICE
	TOTAL PAYOFF
	Deed Transfer Percentage		0.00 % 0.25 % 0.50 % 0.75 % 1.00 % 1.25 % 1.50 % 1.75 % 2.00 % 2.25 % 2.50 % 2.75 % 3.00 % 3.25 % 3.50 % 3.75 % 4.00 % 4.25 % 4.50 % 4.75 % 5.00 %
	Deed Transfer Tax Exceptions ALLEGHENY COUNTY Bellvue Borough - 1.5% Bethel Park Municipality - 1.5% City of McKeesport - 2% City of Pittsburgh - 3% Greentree Boro - 1.5% Hampton Township - 1.5% McCandless Township - 1.5% Monroeville - 1.5% Mt. Lebanon Municipality - 1.5% Mt. Oliver Boro - 2% O’Hara Township - 1.5% Penn Hills Municipality - 2% Pine Township - 1½% Upper St. Clair - 1.5% West Deer Township - 1.5% Whitehall Boro - 1.25% BEAVER COUNTY Georgetown Boro - .5% Hookstown Boro - .5% BERKS COUNTY City of Reading - 4% CENTRE COUNTY Ferguson Township - 1.75% State College Borough - 1.5% Taylor Township - .5% CHESTER COUNTY City of Coatesville - 2% Tredyffrin Township - 1.5% CLINTON COUNTY Colebrook Township - .5% East Kating Township - .5% Logan Township - .5% DELAWARE COUNTY Randor Township - 1.5% Upper Providence Twp. - 1.5% LACKAWANNA COUNTY City of Scranton - 3% LUZERNE COUNTY City of Wilkes Barre - 2% Kingston Boro - 1.5% MERCER COUNTY City of Farrell - 2% City of Hermitage - 1.5% Sheakleyville Boro "0" PHILADELPHIA COUNTY City of Philadelphia - 3% SOMERSET COUNTY Wellersburg Boro - .5% WASHINGTON COUNTY Peters Township - 1.5%
	Settlement Fees
	Realty Commission		0 % 1 % 2 % 3 % 4 % 5 % 6 % 7 % 8 % 9 % 10 %
	Commission (Flat Dollar Amount)
	Pad the Sales Price By
	Seller Desires To Net						TOTAL EXPENSES
							SELLER'S NET
1	Enter the 1st mortgage payoff. You should call your mortgage servicer for the payoff
2	Enter the 2nd mortgage payoff (if any), again, call the mortgage servicer for the payoff
3	Is there a prepayment penalty or escrow deficiency? If so, enter that amount on that line
4	Other liens & payoffs are wage tax, judgments, IRS liens, etc.
5	TOTAL PAYOFF - Here's the total
6	In Pennsylvania, we have a deed transfer tax. Think of deed transfer tax as sales tax on real estate. One percent is paid to the State of PA, and most local municipalities & school districts charge 1% jointly (i.e. 1/2% to school and 1/2% to the local government). In most areas of PA, the TOTAL deed transfer tax is 2%. By custom, the seller and buyer split the deed transfer tax. For example, 2% X $100,000 = $2,000. The buyer and seller will each pay $1,000.
7	There are exceptions. Some local governments and/or school districts charge more or less. The drop down box provides a list of the deed transfer tax exceptions. Please understand that this list may be out of date. You should call the local municipality for the current deed transfer tax charges. If your municipality or school district charges more than 1%, add the percentage to the state's 1% and divide by two (assuming a split) and enter above.
8	You will incur settlement fees. These fees may include deed preparation, settlement charges, tax certification, etc. The settlement fees will vary. $750 is a good guess. You should also contact the local municipality for dye test requirements, occupancy and other charges unique to your municipality.
9	If you are using a realty company to sell your house, choose the commission percentage with the drop down box.
10	If the real estate company is charging you a minimum or flat dollar commission, enter that amount on this line. The flat dollar commission will over ride the percentage calculation.
11	Do you want as little cushion? Do you want to kick up the list price by some amount? If so, enter that amount on this line.
12	After entering the various fees, the right column will calculate the ideal sales price to pay off the previous entries. Now enter your desired "net" in the Seller Desires to Net box, the costs will recalculate to arrive at the desired net.
	A final comment. Don't price your house too high. You may want to net a certain amount, but that doesn't mean a buyer will pay you your price. Good Luck!
The calculators are made available to you as a self-help tool for illustrative use only. Examples are hypothetical. We can not and do not guarantee the applicability or accuracy in regards to your individual circumstances. I encourage you to seek personalized advice from qualified professionals concerning real estate financing and calculations.
Copyright © 2009,William A. MacDonald All rights reserved
Anytime Estimate Home Page