Proceeds from Sale of a Home

Proceeds from Sale of Home Summary
Sale Price
Payment Obligations
Seller Proceeds
Distribution of Proceeds from Sale of Home
Mortgage Payoff
Interest Paid
Realtor Commission
Property Taxes
Transfer Taxes
Closing Fees
Seller Proceeds

To note, when you sell a home, you will also have to pay interest on your outstanding mortgage balance from the date of your last payment until the time of the sale. You are also liable for property taxes and possible additional expenses up until the day you sell the home.