Free Troy, New York seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Troy, New York (Rensselaer County). The calculator applies the local rates for you.
- Median home value
- $192,500
- Transfer tax on $195,000
- $780
- Seller costs on $195,000
- About $12,415
- Median property tax bill
- $4,840 a year
- County
- Rensselaer County
- Population
- 51,065
Troy transfer tax
On a $195,000 sale in Troy, transfer taxes come to $780: NY State real estate transfer tax. By custom the seller pays it. A buyer who finances 80% of the price also pays $1,535 in mortgage taxes (Mortgage recording tax (upstate, 1.25% counties)).
| Tax | Rate | Paid by | On $195,000 |
|---|---|---|---|
| NY State real estate transfer tax | $2.00 per $500 | Seller | $780 |
| Mortgage recording tax (upstate, 1.25% counties) | 1.00% borrower (1.25% total) | Buyer | $1,535 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $195,000 local median value | $780 | $0 | $780 |
| $250,000 | $1,000 | $0 | $1,000 |
| $500,000 | $2,000 | $0 | $2,000 |
| $1,000,000 | $4,000 | $10,000 | $14,000 |
Example Troy seller net sheet
A $195,000 sale, close to Troy's median home value of $192,500, with a 5% commission and a $115,000 mortgage payoff. Seller costs come to about $12,415, or 6.4% of the price.
| Line | Seller |
|---|---|
| Sale price | $195,000 |
| First mortgage payoff | −$115,000 |
| Real estate commission (5%) | −$9,750 |
| NY State real estate transfer tax | −$780 |
| Settlement / closing fee | −$250 |
| Seller's attorney fee | −$1,500 |
| Release / satisfaction recording | −$60 |
| Wire / courier / payoff processing | −$75 |
| Estimated net before property tax prorations | $67,585 |
Who pays what in Troy
Troy closings follow Rensselaer County customs. In Rensselaer County, the buyer customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing. Closings are usually handled by an attorney, and each side normally has its own attorney.
Property taxes in Troy
The median property tax bill for homeowners in Troy is $4,840 a year, about 2.51% of the median home value of $192,500 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Town/county taxes billed Jan 1 for the calendar year and school taxes Sep 1 for Jul-Jun are paid in advance; seller is usually credited for prepaid taxes.
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.
Troy seller questions
How much is the transfer tax in Troy, New York?
On a $195,000 sale in Troy, transfer taxes come to $780: NY State real estate transfer tax. By custom the seller pays it. A buyer who finances 80% of the price also pays $1,535 in mortgage taxes (Mortgage recording tax (upstate, 1.25% counties)).
How much are seller closing costs in Troy?
On a $195,000 sale, close to the median home value in Troy, with a 5% commission, estimated seller costs are about $12,415 (6.4% of the price). Without commission they are about $2,665. The loan payoff and property tax proration change the final number.
What county is Troy in, and does it matter at closing?
Troy is in Rensselaer County, New York. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Rensselaer County, the buyer customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing.
How much are property taxes in Troy?
The median property tax bill for homeowners in Troy is $4,840 a year, about 2.51% of the median home value of $192,500 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Town/county taxes billed Jan 1 for the calendar year and school taxes Sep 1 for Jul-Jun are paid in advance; seller is usually credited for prepaid taxes.
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