Description
Calculate a sale closing-fee scenario and net proceeds before other costs.
Property bookkeeping distinguishes scheduled and collected rent, concessions, assigned common area, fee bases and calendar boundaries. A decimal index change differs from a percentage-number input, and a rent-free period needs explicit start/end conventions. Supplied scenarios do not establish market value, lawful charges, possession or enforceable lease terms.
Calculate a sale closing-fee scenario and net proceeds before other costs.
When to use this tool
Use Property Sale Closing Fee when you already have salePrice, feeRateFraction, fixedFee and need to calculate a sale closing-fee scenario and net proceeds before other costs.
How to use the tool and how it works
- Enter salePrice, feeRateFraction, fixedFee. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read totalFee, netBeforeOtherCosts. Use the output convention below.
Require nonnegative sale price, fee fraction and fixed fee; total=price*fraction+fixed, net=price*(1-fraction)-fixed.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| salePrice | Sale Price | Required. Finite number; minimum 0. |
| feeRateFraction | Fee Rate Fraction | Required. Finite number; minimum 0. |
| fixedFee | Fixed Fee | Required. Finite number; minimum 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| totalFee | Total Fee | Required. Finite number. |
| netBeforeOtherCosts | Price less supplied proportional and fixed fees; may be negative. | Required. Finite number. |
{
"input": {
"salePrice": 200000,
"feeRateFraction": 0.02,
"fixedFee": 500
},
"output": {
"totalFee": 4500,
"netBeforeOtherCosts": 195500
}
}Limitations and assumptions
- The fee fraction is not capped at one and net may be negative; taxes, debt, other costs and applicable contracts are not selected.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Review the lease, transaction records and stated area-measurement method for actual charges and allocations. Use a complete cash-flow or closing statement when assessing net proceeds; supplied credits, caps and fee terms are scenario components.
References
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