If you are looking to sell your house, you may be wanting to know how much will you make after it’s sold. This “How much will I make selling my house calculator” will calculate your net sale proceeds when you sell your home. All you have to do is complete each of the fields in the calculator below.
How much will you make selling your house calculator calculates your net sale proceeds after taking account of estate agent fees, legal costs, costs to repair your home to sell it quicker, paying off your mortgage and removal fees.
When you sell a house you don’t get all the money, as you have to deduct the costs to sell a property including estate agent’s fees, legal fees and the cost of repairs needed to help sell the house quicker. You also have to deduct what is outstanding on your mortgage, plus any early redemption charges.
The how much you will get when you sell your house calculator below includes all of the above deductions, making it easy for you to work out how much money you’ll get after selling your home.
Please note: This house selling calculator is offered for the purpose of estimation only. The costs included in the calculator may not include all costs associated with selling a property, so there are no guarantees that all possible costs have been included. This house sale calculator does not replace professional estimates.
How much house can I afford after selling current home?
To calculate how much home you can afford after selling your current home, take the net sale proceeds, then add this amount to how much you can borrow on a mortgage. But don’t forget to take account of and set aside buying costs, including Stamp Duty, legal fees and valuation or survey fees.
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How Much Will I Make Selling My House Calculator
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Article written by Russell Bowyer who has been investing in property since purchasing his first commercial property in the 1990's for his own Chartered Accountancy business. But his first property investment project was to turn an old dilapidated restaurant into a large 5-bed home, which he purchased for £117,500 and sold for £450,000 (to see an "after" photo of the house before it was sold see here: About). Russell owns a number of investment properties, which includes houses, flats and HMO's. More recently he has turned his creative side to investing in property using lease options. His largest lease option deal to date was to acquire 12 properties worth over £2 million for just £12, which means he paid just £1 to acquire each property!
