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Use the following worksheet to estimate the amount of cash you'll have available when the sale of your home is completed.
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|
|
Selling Price of Home |
$___________________ |
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Less: Payoff of All Mortgages |
____________________ |
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Less: Other Lien Payoffs |
____________________ |
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Less: Spruce-up & Repair |
____________________ |
|
Net Equity (A) |
$___________________ |
|
Less Closing Costs: |
|
|
Real Estate Commission at _____% |
$___________________ |
|
VA Points (or points you agree to pay) |
____________________ |
|
Attorney Fees |
____________________ |
|
Adjustments for Taxes, Fuel, Water, etc. |
____________________ |
|
Filing and Recording Fees |
____________________ |
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Realty Transfer Taxes |
____________________ |
|
Mortgage Release Fees |
____________________ |
|
Photocopying & Messenger |
____________________ |
|
Protection Plan or Guarantee |
____________________ |
|
Allowance for Corrective Repairs |
____________________ |
|
Termite Inspection on VA Loans |
____________________ |
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Other |
____________________ |
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The following are typically buyer's costs, but you may negotiate to pay them as part of your deal.
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|
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Title Fees |
____________________ |
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Engineer's Survey |
____________________ |
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Credit Check |
____________________ |
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Home Inspection |
____________________ |
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Appraisal |
____________________ |
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Other |
____________________ |
|
Total Closing Costs (B) |
$___________________ |
|
Seller's Net Proceeds (A)-(B) |
$___________________ |
