Seller Net Sheet
Compare two scenarios side by side with real Arkansas closing costs
Scenario A
Inputs
Itemized Deductions
1st Mortgage Payoff$200,000
2nd Mortgage Payoff$0
Real Estate Commission (6%)$24,000
Title Insurance (auto-calculated)(auto)$900
Transfer Tax (0.33%, auto-calculated)(auto)$1,320
Closing / Escrow Fee$450
Recording Fee$35
Tax Proration (295 days)$2,425
HOA Payoff / Proration$0
Home Warranty$600
Termite / WDI Policy$400
Other Concessions$0
Total Deductions$230,130
Net Proceeds to Seller
$169,870
From $400,000 sale price
Scenario B
Inputs
Itemized Deductions
1st Mortgage Payoff$200,000
2nd Mortgage Payoff$0
Real Estate Commission (5.5%)$23,375
Title Insurance (auto-calculated)(auto)$956
Transfer Tax (0.33%, auto-calculated)(auto)$1,403
Closing / Escrow Fee$450
Recording Fee$35
Tax Proration (295 days)$2,425
HOA Payoff / Proration$0
Home Warranty$600
Termite / WDI Policy$400
Other Concessions$0
Total Deductions$229,643
Net Proceeds to Seller
$195,357
From $425,000 sale price
Rate sources:
• Title insurance: Stewart Title Guaranty Co. AR filed rate schedule — title companies can vary and be shopped by consumers
• Transfer tax: Ark. Code Ann. § 26-60-101 ($3.30/$1,000, seller-paid)
• Recording fee: Washington County schedule ($15 first page + $5/additional)
• Commission: a negotiable item and may vary — the default is set to 6%
• Closing fee: editable default ($450) — split closing costs may vary by transaction
• Termite / WDI policy: editable default ($400) — can be shopped by consumers
• Neither this app nor any specific title company's proprietary calculator was the rate source.
