ClearGlass

Connecticut Home Seller Net Proceeds Calculator

Get an instant estimate — no login or sign-up required.

Picking a city applies the correct local transfer tax automatically.

$
$
$

Brokerage Commissions

%
%
Total Commissions$0.00

Estimated Net Proceeds

-$750.00

Sale Price$0.00
Commissions- $0.00
Mortgage Payoff- $0.00
Total Transfer Tax (effective 0.00%)- $0.00
Owner's Title Insurance- $0.00
Escrow / Closing Fee- $0.00
Attorney Fee- $750.00
Recording Fee- $0.00

Connecticut transfer taxes are state-, county-, and municipality-specific. Title insurance, escrow, attorney, and recording fees vary by provider. Consult your closing attorney or title company for exact figures.

Find a Top Agent

Connect with a top-rated real estate agent in your area.

Request a Cash Offer

See what your home could sell for in cash, fast.

Selling a Home in Connecticut

Connecticut sellers pay one of the highest transfer-tax burdens in the country. The state Real Estate Conveyance Tax is graduated on residential property: 0.75% on the first $800,000, 1.25% on the portion between $800,000 and $2.5 million, and 2.25% on the portion above $2.5 million. Every municipality also charges a conveyance tax — 0.25% baseline, or up to 0.50% in eighteen designated 'targeted investment communities.' On top of conveyance tax, sellers pay agent commissions, the owner's title insurance policy, attorney fees, and recording fees.

Connecticut Transfer Tax & Closing Costs

Connecticut uses an attorney-closing model — both buyer and seller retain counsel. The seller customarily pays the full state and municipal conveyance tax, the owner's title insurance policy, and their own attorney's fee. Recording fees are a small fixed cost at closing.

How to Estimate Your Connecticut Net Proceeds

  1. Sale Price: Start with the agreed-upon contract price.
  2. Mortgage Payoff: Subtract your remaining loan balance and accrued interest through closing.
  3. Transfer Taxes: Apply the state, county, and any municipal transfer tax owed by the seller.
  4. Closing Costs: Deduct commissions, owner's title insurance, attorney/escrow, and recording fees.

Connecticut Net Proceeds = Sale Price − Mortgage Payoff − Commissions − Transfer Taxes − Closing Costs

Key Factors to Consider

  • CT State Conveyance Tax (Seller-Paid, Graduated): Residential: 0.75% on the first $800,000, 1.25% on the portion $800K–$2.5M, and 2.25% on the portion above $2.5M. Collected at recordation. Non-residential property is taxed at a flat 1.11%.
  • Municipal Conveyance Tax: Every municipality adds a conveyance tax of 0.25% (baseline). Eighteen designated targeted investment communities — including Bridgeport, Hartford, New Haven, Waterbury, and New Britain — may charge up to 0.50%.
  • Attorney-Closing State: Both sides retain a real estate attorney in Connecticut. Seller attorney fees typically run $1,000–$2,500.
  • Title Insurance: Title insurance rates in Connecticut are filed with the state. The seller customarily pays the owner's policy that protects the buyer.
  • Capital Gains: Connecticut taxes capital gains as ordinary state income (up to 6.99%). Federal capital gains may also apply.

Why use this tool?

Most national net-sheet calculators ignore Connecticut's layered transfer tax structure — state, county, and municipal — and silently understate closing costs by thousands of dollars. This calculator applies the correct rates for the city you select so the bottom line reflects what you'll actually walk away with.

Need more accuracy?

This tool provides general estimates only. Confirm exact figures with your closing attorney or title company, and consult a qualified tax professional regarding state and federal capital gains or other obligations specific to your sale.

Connecticut Seller FAQ