Client Information
Sale & Loan Information
Used to calculate interest at closing
Interest = balance × rate/365 × day
Commission
% of gross commission
Closing Costs
Arkansas-Specific (Auto-Calculated)
AR Revenue Stamps
$1.65 per $1,000 of sale price — state deed transfer tax
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Title Policy
$6.00 per $1,000 of sale price (owner's title insurance)
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Closing Fee
$4.95 per $1,000 ($400.00 minimum)
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Fixed Costs
Attorney Fee
$20
Recording Fee
$40
Optional Costs
Termite Inspection, Clearance & Repairs
Normally $81–$200; budgeted at $300 for safety
$300
Survey
Minimum $200 Lot and Block; est. $325
$325
Home Warranty Plan
$550
Seller Concessions
Buyer-requested closing cost credits
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Property Taxes
Last Year's Unpaid Taxes
Prior year taxes paid by seller at closing
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Current Year Tax Proration
Seller's share of this year's taxes through closing
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Net Proceeds Estimate
Estimated Net Proceeds
$0
After your loan is paid off and every cost of sale is covered
Sale Price—
Paying Off Your Loan
Present Mortgage Balance—
Interest on Mortgage (to Closing)—
Your Equity at Closing—
Closing Costs & Title Work
Closing Costs Subtotal—
Property Taxes
Property Taxes Subtotal—
Professional Representation
Listing Side — Rackley Realty—
Buyer's Realtor Co-op—
Representation Subtotal—
Commission percentages are negotiable and set in your listing agreement. The co-op share compensates the Buyer's Realtor — it does not go to Rackley Realty.
Estimated Net Proceeds—
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This estimate is for informational purposes only and does not constitute a guarantee of actual proceeds.
Final figures are determined at closing. Formatted to align with the AREC Estimated Net Proceeds calculator.
Consult your Rackley Realty Realtor for a precise analysis.