Free New Orleans, Louisiana seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in New Orleans, Louisiana (Orleans Parish). The calculator applies the local rates for you.
- Median home value
- $296,400
- Transfer tax on $295,000
- $325
- Seller costs on $295,000
- About $15,420
- Median property tax bill
- $2,428 a year
- County
- Orleans Parish
- Population
- 362,701
New Orleans transfer tax
On a $295,000 sale in New Orleans, transfer taxes come to $325: Orleans Parish documentary transaction tax. By custom the seller pays it. A buyer who finances 80% of the price also pays $325 in mortgage taxes (Orleans Parish documentary transaction tax (mortgage)).
| Tax | Rate | Paid by | On $295,000 |
|---|---|---|---|
| Orleans Parish documentary transaction tax | $325 flat per act of sale (seller) | Seller | $325 |
| Orleans Parish documentary transaction tax (mortgage) | $325 flat per mortgage | Buyer | $325 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $325 | $0 | $325 |
| $295,000 local median value | $325 | $0 | $325 |
| $500,000 | $325 | $0 | $325 |
| $1,000,000 | $325 | $0 | $325 |
Example New Orleans seller net sheet
A $295,000 sale, close to New Orleans's median home value of $296,400, with a 5% commission and a $175,000 mortgage payoff. Seller costs come to about $15,420, or 5.2% of the price.
| Line | Seller |
|---|---|
| Sale price | $295,000 |
| First mortgage payoff | −$175,000 |
| Real estate commission (5%) | −$14,750 |
| Orleans Parish documentary transaction tax | −$325 |
| Seller's attorney fee | −$250 |
| Release / satisfaction recording | −$55 |
| Wire / courier / payoff processing | −$40 |
| Estimated net before property tax prorations | $104,580 |
Who pays what in New Orleans
New Orleans closings follow Orleans Parish customs. In Orleans Parish, the buyer customarily pays the owner's title policy. The settlement fee is customarily paid by the buyer. Closings are usually handled by an attorney, and each side normally has its own attorney.
Property taxes in New Orleans
The median property tax bill for homeowners in New Orleans is $2,428 a year, about 0.82% of the median home value of $296,400 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Parish bills issued Nov-Dec for the calendar year (Orleans bills in Jan in advance); seller credits buyer when unpaid.
Rates verified 2026-09-30. Home value and tax bill: Census Bureau American Community Survey, 2019–2023. A net sheet is an estimate; final figures come from the title company.
New Orleans seller questions
How much is the transfer tax in New Orleans, Louisiana?
On a $295,000 sale in New Orleans, transfer taxes come to $325: Orleans Parish documentary transaction tax. By custom the seller pays it. A buyer who finances 80% of the price also pays $325 in mortgage taxes (Orleans Parish documentary transaction tax (mortgage)).
How much are seller closing costs in New Orleans?
On a $295,000 sale, close to the median home value in New Orleans, with a 5% commission, estimated seller costs are about $15,420 (5.2% of the price). Without commission they are about $670. The loan payoff and property tax proration change the final number.
What county is New Orleans in, and does it matter at closing?
New Orleans is in Orleans Parish, Louisiana. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Orleans Parish, the buyer customarily pays the owner's title policy. The settlement fee is customarily paid by the buyer.
How much are property taxes in New Orleans?
The median property tax bill for homeowners in New Orleans is $2,428 a year, about 0.82% of the median home value of $296,400 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Parish bills issued Nov-Dec for the calendar year (Orleans bills in Jan in advance); seller credits buyer when unpaid.
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