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Free Virginia seller net sheet calculator

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

Calculate a Virginia net sheet Plans and pricing

State transfer tax
$0.50 per $500 ($1.00 per $1,000) + $0.25 per $100
Owner's title policy
Buyer pays
Seller costs on $400,000
About $20,927

Virginia transfer tax

Virginia charges the grantor's tax of $0.50 per $500 ($1.00 per $1,000), customarily paid by the seller; and the state recordation tax on deed (grantee) of $0.25 per $100, customarily paid by the buyer. On top of that, 3 county or city transfer taxes apply in parts of the state; the calculator adds them when you choose the county.

TaxLevelRateCustomarily paid by
Grantor's taxState$0.50 per $500 ($1.00 per $1,000)Seller
State recordation tax on deed (grantee)State$0.25 per $100Buyer
Regional congestion relief fee (Northern Virginia grantor's tax)Regional$0.20 per $100 (Planning District 8)Seller
Regional transportation improvement fee (Hampton Roads grantor's tax)Regional$0.06 per $100 (Planning District 23)Seller
Local recordation tax on deed (one-third of state)County$0.0833 per $100Buyer
 Who pays is local custom and can be changed in the contract. Rates verified 2026-09-30.
Sale priceSeller paysBuyer paysTotal
$250,000$250$833.33$1,083.33
$500,000$500$1,666.67$2,166.67
$1,000,000$1,000$3,333.33$4,333.33
 With no county or city chosen, split by local custom. Some counties and cities charge a different or additional rate.

Example Virginia seller net sheet

A $400,000 sale with a 5% commission and a $250,000 mortgage payoff. Seller closing costs come to about $20,927, or 5.2% of the price.

LineSeller
Sale price$400,000
First mortgage payoff−$250,000
Real estate commission (5%)−$20,000
Grantor's tax−$400
Settlement / closing fee−$450
Release / satisfaction recording−$27
Wire / courier / payoff processing−$50
Estimated net before property tax prorations$129,073
 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 Virginia

Buyer pays the owner's policy. Closings are usually handled by a title company or attorney. The settlement or escrow fee is paid by each side for its own closing.

Seller pays the grantor's tax (plus regional fees in Northern Virginia and Hampton Roads) and deed preparation; buyer pays recordation taxes and title.

Property tax prorations

Property taxes are paid in arrears. The typical effective rate is about 0.9% of value per year. Most localities bill the calendar year in two halves (e.g., Fairfax due Jul 28 and Dec 5), each covering the preceding half-year; seller credits buyer for unpaid days.

Mortgage taxes

Virginia also taxes the buyer's new mortgage. These are on the buyer's side of the closing, not the seller's net sheet.

TaxLevelRateCustomarily paid by
State recordation tax on deed of trustState$0.25 per $100Buyer
Local recordation tax on deed of trustCounty$0.0833 per $100Buyer

Sources

Verified 2026-09-30. 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.

Virginia net sheet questions

Does Virginia have a real estate transfer tax?

Virginia charges the grantor's tax of $0.50 per $500 ($1.00 per $1,000), customarily paid by the seller; and the state recordation tax on deed (grantee) of $0.25 per $100, customarily paid by the buyer. On top of that, 3 county or city transfer taxes apply in parts of the state; the calculator adds them when you choose the county.

How much is the transfer tax on a $500,000 home in Virginia?

With no county or city chosen, the transfer tax on a $500,000 sale is about $2,167 ($500 seller, $1,667 buyer by custom). Some counties and cities charge a different or additional rate.

How much are seller closing costs in Virginia?

On a $400,000 sale with a 5% commission, estimated seller costs in Virginia come to about $20,927 (5.2% of the price), including $20,000 of commission. Without commission, closing costs are about $927. Local taxes, the payoff, and property tax prorations change the final number.

Who pays for title insurance in Virginia?

Buyer pays the owner's policy.

Who handles the closing in Virginia?

Closings are usually handled by a title company or attorney.

How are property taxes prorated when selling a home in Virginia?

Property taxes are paid in arrears. The typical effective rate is about 0.9% of value per year. Most localities bill the calendar year in two halves (e.g., Fairfax due Jul 28 and Dec 5), each covering the preceding half-year; seller credits buyer for unpaid days.

Virginia net sheets by county

Virginia net sheets by city

The 80 largest of 98 Virginia cities with a page. Each county page lists its own cities.

Guides

Net sheets in other states

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