Arizona Seller Closing Costs Calculator

Arizona Seller Closing Cost Calculator Tips

This free calculator can help home sellers in Arizona estimate their closing costs and net proceeds. To get a ballpark idea of the cost of selling a house in Arizona, enter the information for each of the input fields above. You can learn more about these expenses below.

Home Selling Price

Enter the approximate selling price of your home. For a preliminary estimate, you can use HomeLight’s Home Value Estimator. To get a more accurate price, reach out to a top Arizona real estate agent and request a Comparative Market Analysis (CMA), a detailed report that estimates the market value of a property by comparing it to recently sold similar properties in the same area. Visit this HomeLight map link to see recently sold homes in Arizona. 

Mortgage Payoff Amount

Enter your estimated mortgage payoff amount. To find your exact payoff amount, check your latest mortgage statement or contact your mortgage servicer. The payoff amount typically includes the remaining principal balance, accrued interest, and any outstanding fees. According to the credit experts at Experian, the average mortgage balance for Arizona homeowners is $269,414.

Listing Agent Fee

If you are working with a real estate agent to sell your home, enter the commission rate you expect to pay. A typical listing agent commission is 2.5% to 3% of the home’s selling price. For example, on a $500,000 home, your agent’s fee might range from $12,500 to $15,000. While this might initially seem like a lot, you’ll typically come out financially ahead when you use an agent compared to taking the for-sale-by-owner (FSBO) route.

Buyer’s Agent Fee

In the past, sellers covered both the listing agent and the buyer’s agent fees. However, following a landmark court settlement by the NAR, buyers are now expected to negotiate compensation directly with their own agents. If you’re offering to pay this fee to attract buyers, enter an estimated percentage into the Arizona Seller Closing Cost Calculator. Most buyer’s agent commissions fall between 2.5% and 3%.

Detailed Closing Costs

In this part of the Arizona Seller Closing Cost Calculator, you can expand the optional Detailed Closing Costs fields and scroll down to enter any of the following expenses you expect to pay:

• Home Sale Preparations: These are costs related to getting your home ready to list, such as cleaning, staging, landscaping, or other curb appeal efforts.
• Renovations/Repairs: Expenses for fixing or updating your property before or during the sale to meet buyer expectations or inspection requests.
• Title Service Fees: Charges for the title company’s work to verify legal ownership and help manage the transfer of the property.
• Owner’s Title Insurance: A one-time insurance premium paid by the seller in most states to protect the buyer from title issues or ownership disputes. The cost can range from a few hundred to a couple of thousand dollars. (This is different from a buyer’s lender title insurance policy.) 
• Transfer Taxes: Arizona does not impose a state transfer tax on real estate transactions. However, we’ve included this field because some counties or municipalities might impose a fee on certain sales.
• Recording Fees: Fees paid to the local government to officially record the change in property ownership. These fees typically run $50-$150.
• Buyer Incentives: Credits or financial concessions you can offer to attract buyers or help close the deal. See examples of seller concessions at this link.
• Other Costs: Miscellaneous expenses not covered in other categories, such as attorney fees, HOA transfers, or mail-away closing costs.
• Moving Expenses: While not technically a closing cost, we’ve included this optional expense to help you with your budgeting and moving plans. Movers usually cost between $883 and $2,567, but an out-of-state move may cost as much as $7,000.

Arizona seller closing costs are typically deducted from your home sale proceeds.

How to buy before you sell in Arizona

Most sellers are also buyers looking to purchase a new home. But timing your sale can put you in a buy-sell conundrum — you need the proceeds from your current home to buy your new one. Fortunately, there are modern solutions that allow you to unlock the equity in your existing home to streamline and simplify the entire process.

With HomeLight’s Buy Before You Sell program, you can make a non-contingent offer on your new home and only move once. Watch the short video below to learn more.

More helpful seller tools from HomeLight

Here are some additional home seller tools you may find helpful:

• Listing Agent Match platform
• Home Value Estimator
• Best Time to Sell Calculator
• Agent Commissions Calculator
• Net Proceeds Calculator
• Recently sold homes map

As you look ahead to your next home purchase, here are some buyer tools from HomeLight:

• Home Affordability Calculator
• Down Payment Calculator
• Closing Costs Calculator
• Buyer’s Agent Match platform