Virginia Home Seller Net Proceeds Calculator

Selling a Home in Virginia

Virginia sellers pay the Grantor's Tax of $1.00 per $1,000 of sale price (0.10%) — the state's seller-paid transfer tax. In Northern Virginia (Fairfax, Loudoun, Arlington, Prince William, and the cities of Alexandria, Falls Church, Fairfax, Manassas, and Manassas Park), an additional regional WMATA fee of $0.15 per $100 (0.15%) applies. On top of the Grantor's Tax, sellers pay agent commissions, the owner's title insurance policy, settlement fees, and recording fees. The state Recordation Tax is customarily paid by the buyer.

Virginia Transfer Tax & Closing Costs

Virginia closings are handled by title companies or settlement attorneys. The seller customarily pays the Grantor's Tax, the regional WMATA fee in NoVA, and the owner's title insurance policy. Recordation Tax is buyer-paid.

How to Estimate Your Virginia 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.

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

Key Factors to Consider

• VA Grantor's Tax (Seller-Paid): $1.00 per $1,000 of sale price = 0.10% statewide. Paid by the seller (grantor) at recording.
• Northern Virginia Regional Fee: Fairfax, Loudoun, Arlington, Prince William, Alexandria, Falls Church, Fairfax City, Manassas, and Manassas Park add a $0.15/$100 (0.15%) WMATA regional fee — also seller-paid.
• Recordation Tax (Buyer-Paid): The state Recordation Tax ($0.25/$100 = 0.25%) is customarily paid by the BUYER and excluded from the seller's net.
• Title Insurance: Premiums are not state-promulgated. The seller customarily pays the owner's policy.
• Settlement Fees: Closings are handled by title companies or settlement attorneys; fees are negotiable.

Why use this tool?

Most national net-sheet calculators ignore Virginia'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.

Virginia Seller FAQ