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North Carolina Title Insurance

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North Carolina seller closing cost calculator

Adding machine calculatorEasily estimate the North Carolina home seller closing costs and seller "net" proceeds with this calculator. Just enter the sale price and then enter the various closing costs; including seller paid closing costs (if applicable). Please send me an E-mail if you see an error or want to make a comment. Last updated 8/2018.

SELLER NET | Print Page |

  1. What is the selling or listing price?
  2. Where is the property located?    
  3. Attorney Fee ($400 - $700)
  4. Courier & handling    
  5. Excise Tax/Revenue Stamps  
  6. --Land Transfer Tax (if applicable)  
  7. Home Warranty
  8. Homeowners Association Dues    
  9. Mortgage Payoff (1st mortgage)
  10. Mortgage Payoff (2nd mortgage)
  11. Real Estate Tax Proration  
  12. Real estate taxes (past due & penalties)    
  13. Real Estate Commission Percentage  
  14. Real Estate Commission - Flat dollar amount*  
  15. --Additional Broker Fees
  16. Seller Cost Contribution  
  17. Seller Cost Contribution - Flat dollar amount*  
  18. Water Hold
  22. Real estate taxes (past due & penalties)
  23. What is the closing date? (Example - 12/12/2018)
  24. Annual Real Estate Taxes  
  26. Sales Price %  
  27. Commission on first dollar amount
  28. Commission on remaining amount
  29. Total Real Estate Commission ADD TO TOTAL
      Be sure to tick the box

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 over ride the percentage calculation. If the split commission calculator is used below, the calculation will over ride both the percentage and flat dollar commission. Be sue 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 over ride 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 North Carolina Closing Costs

What costs do sellers pay to sell their home?

Closing costs for the home seller in North Carolina are very reasonable compared to other states. The largest cost(s) will be the real estate agent's commission and any seller paid closing costs for the buyer, if applicable.

The State of North Carolina charges an excise (transfer) tax on home sales of $2.00 per $1,000 of the sales price. The excise tax is usually paid by the home seller, but payment is dictated by the sales contract.

In addition to the excise/transfer tax, seven coastal counties; Camden, Chowan, Curritick, Dare, Pasquotank, Perquimans, and Washington charge a land transfer tax of 2% of the sales price for homes located in these North Carolina counties. For example, a home with a sales price of $200,000 would incur a land transfer tax of $2,000 ($200,000 X 2% = $4,000).

Real estate tax proration for North Carolina home sales

The real estate taxes will be "prorated" based on the number of days that the seller has owned the property during the current calendar year. If the real estate taxes have not been paid for the current year, the seller will owe the buyer the taxes for the time the seller occupied the property. On the other hand, if the taxes have been paid for the current year, the buyer will reimburse the seller for taxes paid during his or her's ownership. Read more about NC tax proration