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Maryland 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

Maryland 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 Maryland

Maryland sellers pay a share of the State Transfer Tax (0.50%, customarily split 50/50 so the seller's share is 0.25%) plus a share of any county transfer tax. Counties vary widely — Baltimore City charges 1.5%, Montgomery and Prince George's typically 1.4%–1.5%, while many rural counties charge none. Recordation tax is customarily paid by the buyer. On top of transfer taxes, sellers pay agent commissions, the owner's title insurance policy, attorney fees, and recording fees.

Maryland Transfer Tax & Closing Costs

Maryland uses an attorney/title-agency closing model. The seller customarily pays half of the state and county transfer taxes (full county tax in some jurisdictions per contract), the owner's title insurance policy, and their own attorney fee. Recordation tax is typically buyer-paid.

How to Estimate Your Maryland 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.

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

Key Factors to Consider

  • MD State Transfer Tax (Split with Buyer): 0.50% of sale price statewide, customarily split 50/50 between buyer and seller. Seller's share = 0.25%. First-time Maryland homebuyers pay 0.25% total (no seller-share split applies).
  • County Transfer Tax (Varies): Counties set their own rate from 0% to 1.5%. Baltimore City charges 1.5%, Montgomery County 1.0%, Prince George's County 1.4%, Anne Arundel 1.0%, Howard 1.0%, Frederick 0% — confirm the current rate for your county. The seller's share is set by contract custom in each county.
  • Recordation Tax (Buyer-Paid): The county recordation tax ($2.50–$12.00 per $500) is customarily paid by the BUYER and is excluded from the seller's net.
  • Non-Resident Withholding: Out-of-state sellers face 8.0% withholding on the net proceeds (8.25% for entities) at closing, reconciled when filing the Maryland return.
  • Title Insurance: Title insurance premiums in Maryland are not state-promulgated. The seller customarily pays the owner's policy.

Why use this tool?

Most national net-sheet calculators ignore Maryland'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.

Maryland Seller FAQ