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Maine Home Seller Net Proceeds Calculator

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Picking a city applies the correct local transfer tax automatically.

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Brokerage Commissions

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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

Maine 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.

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Selling a Home in Maine

Maine charges a Real Estate Transfer Tax of $2.20 per $500 of the sale price (0.44%) at recordation. The tax is split evenly between buyer and seller — the seller's share is $1.10 per $500 (0.22%). Sellers also pay agent commissions, the owner's title insurance policy, attorney/settlement fees, and recording fees.

Maine Transfer Tax & Closing Costs

Maine uses an attorney-closing model. The seller customarily pays the seller's half of the transfer 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 Maine 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.

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

Key Factors to Consider

  • ME Transfer Tax (Split with Buyer): $2.20 per $500 of sale price (0.44%) total — buyer and seller each pay half. Seller's share is $1.10/$500 (0.22%), collected at recordation.
  • Attorney-Closing State: Maine real estate closings are typically handled by an attorney. Seller attorney fees usually run $500–$1,200.
  • Title Insurance: Title insurance premiums in Maine are not state-promulgated. The seller customarily pays the owner's policy.
  • Non-Resident Withholding: Out-of-state sellers face a 2.5% Maine real estate withholding on the gross sale price at closing, reconciled when filing the Maine return.
  • Recording Fees: County registry of deeds recording fees are a small fixed cost at closing.

Why use this tool?

Most national net-sheet calculators ignore Maine'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.

Maine Seller FAQ