NetSheet.org

Free New Mexico seller net sheet calculator

What a New Mexico seller walks away with after commission, payoffs, title, and closing fees. Rates and closing customs below are verified for New Mexico; the calculator applies them for you, down to the county.

Calculate a New Mexico net sheet Plans and pricing

State transfer tax
None
Owner's title policy
Seller pays
Seller costs on $400,000
About $22,547

New Mexico transfer tax

New Mexico has no real estate transfer tax on deeds, so there is no transfer tax line on a New Mexico seller net sheet.

New Mexico has no real estate transfer tax on deeds, so there is no transfer tax line on a New Mexico seller net sheet.

Example New Mexico seller net sheet

A $400,000 sale with a 5% commission and a $250,000 mortgage payoff. Seller closing costs come to about $22,547, or 5.6% of the price.

LineSeller
Sale price$400,000
First mortgage payoff−$250,000
Real estate commission (5%)−$20,000
Owner's title insurance policy−$1,967
Escrow fee−$500
Release / satisfaction recording−$30
Wire / courier / payoff processing−$50
Estimated net before property tax prorations$127,453
 Title and settlement fees are typical estimates, not quotes.

Run it with your own numbers. Choose the county to add local taxes, and enter the closing date to prorate property taxes.

Who pays what in New Mexico

Seller customarily pays the owner's policy. Closings are usually handled by an escrow company. The settlement or escrow fee is customarily split between buyer and seller.

No real estate transfer tax in New Mexico. Escrow/title company closings; escrow fee split.

Property tax prorations

Property taxes are paid in arrears. The typical effective rate is about 0.7% of value per year. Calendar year; halves due Nov 10 and Apr 10.

Sources

    Verified 2026-09-29. A net sheet is an estimate, not a closing statement or tax advice. Final figures come from the title or escrow company. See a rate that looks wrong? Email support@netsheet.org.

    New Mexico net sheet questions

    Does New Mexico have a real estate transfer tax?

    New Mexico has no real estate transfer tax on deeds, so there is no transfer tax line on a New Mexico seller net sheet.

    How much are seller closing costs in New Mexico?

    On a $400,000 sale with a 5% commission, estimated seller costs in New Mexico come to about $22,547 (5.6% of the price), including $20,000 of commission. Without commission, closing costs are about $2,547. Local taxes, the payoff, and property tax prorations change the final number.

    Who pays for title insurance in New Mexico?

    Seller customarily pays the owner's policy.

    Who handles the closing in New Mexico?

    Closings are usually handled by an escrow company.

    How are property taxes prorated when selling a home in New Mexico?

    Property taxes are paid in arrears. The typical effective rate is about 0.7% of value per year. Calendar year; halves due Nov 10 and Apr 10.

    New Mexico net sheets by county

    New Mexico net sheets by city

    The 23 largest of 23 New Mexico cities with a page. Each county page lists its own cities.

    Guides

    Net sheets in other states

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