Sale price is not what you keep. This runs the same line items a Central Iowa title company puts on your settlement statement - including the property tax proration that surprises almost every Iowa seller - so you can see your real number before you list.
Free, no signup, nothing to install. Your numbers stay in your browser.
Start with the first three. Everything else already has a typical Central Iowa default you can change.
Enter a closing date and a sale price to see your number.
* Your payoff is not your remaining balance - it includes interest through
the closing date and any recording or wire fees your lender charges. Ask your lender for a
written payoff quote.
** Whether a seller offers to pay any part of the buyer's brokerage fee is negotiable and
varies by transaction.
*** Estimate only, not a closing statement. Commissions are fully negotiable and are not set
by law, by RE/MAX, or by any association or MLS. Figures vary by title company, lender and
county. Confirm with your title company and your lender before relying on this.
Iowa property taxes are paid roughly a year behind. The fiscal year runs July 1 to June 30, bills come due September 1 and March 1, and each installment pays for a fiscal year that has already ended. So on closing day you owe for months you have already lived in the home but have never been billed for. That amount is credited to your buyer, which means it always comes out of your proceeds - and on a typical Central Iowa home it is often one of the larger line items on the statement.
This calculator uses the same day-count convention Central Iowa title companies use: actual calendar days, counted inclusively, against a 360-day year. That is deliberately how the settlement statement figures it, so your estimate lines up with the document you will actually sign.
Revenue stamps are Iowa's real estate transfer tax, about $1.60 per $1,000 of sale price. Then there is the abstract continuation, deed preparation, a wire fee on your payoff, and whatever you negotiate with your buyer for repairs or closing-cost help. The brokerage fees are editable above because they are negotiable - they are not set by law, by RE/MAX, or by any association or MLS.
What your home will actually sell for. Everything here keys off the sale price you type in, so the estimate is only as good as that guess. If you want a real one, I will put together a pricing analysis for your specific home and neighborhood - what has sold, what is sitting, and what a buyer in your price band is comparing you against.