Home Sale Profit Calculator

Calculate Home Sale Profit





Formula

To calculate the Home Sale Profit:

\[ Phs = (SP - PP) - \frac{SP \times TR}{100} \]

Where:

What is Home Sale Profit?

The Home Sale Profit is the amount of money you make from selling your home after accounting for the purchase price and any taxes on the sale. It is an important metric for homeowners to understand their financial gain from a property transaction.

Example Calculation 1

Let's assume the following values:

Using the formula:

\[ Phs = (250,000 - 200,000) - \frac{250,000 \times 5}{100} = 50,000 - 12,500 = 37,500 \, \text{\$} \]

The Home Sale Profit is $37,500.

Example Calculation 2

Let's assume the following values:

Using the formula:

\[ Phs = (350,000 - 300,000) - \frac{350,000 \times 7}{100} = 50,000 - 24,500 = 25,500 \, \text{\$} \]

The Home Sale Profit is $25,500.