District of Columbia Seller Net Sheet Calculator
Estimate what a District of Columbia seller walks away with. The calculator is pre-loaded with a representative District of Columbia transfer tax default, so you can run a realistic number in about a minute.
District of Columbia transfer tax defaults to 1.1% here as a starting point. Rates vary by county and city, so confirm with your title company.
Seller closing costs in District of Columbia
A District of Columbia net sheet subtracts every cost of the sale from the price: the commission, the mortgage payoff and any liens, title and settlement fees, the state transfer tax, and any concessions or repairs agreed in the contract. What remains is the seller's estimated net.
Transfer tax
Washington DC charges both a transfer tax and a recordation tax.
Frequently asked
Does District of Columbia have a real estate transfer tax?
Yes. Washington DC charges both a transfer tax and a recordation tax. The calculator above pre-loads a representative rate, and you can adjust it to your county's exact figure.
Who pays closing costs in District of Columbia?
Sellers typically cover the commission, any transfer tax, title and settlement fees, and their mortgage payoff. Buyers usually cover lender and inspection costs. Exact splits are negotiable and set in the contract.
How accurate is this District of Columbia net sheet?
It is a solid planning estimate. Local transfer taxes and title fees vary by county and city, so confirm the final numbers with your title company before your listing appointment.