Estimated Net Proceeds
$0
▶ Additional Costs (optional)
Why is the tax proration so large? In Illinois, property taxes are paid after the year they're owed. When you sell, you reimburse the buyer for your share of those unpaid taxes. This credit typically covers 12-17 months depending on your closing date.
Title & closing fees vary by title company. These figures reflect a market-average across IL Metro East title providers (One Real Title, Town & Country, Community Title, Abstracts & Titles, Hudspeth, etc.). On resale deals, the listing agent typically chooses the title company. Use this as a strong rule of thumb — your actual quote may differ.
You can choose your own title company. Under federal law (RESPA §9), buyers have the right to choose their title company on any financed transaction — and sellers have similar flexibility. There's no requirement to use whoever the listing agent named in the MLS, and the buyer and seller don't even have to pick the same company. Weigh what matters most for your transaction: lower fees and cheaper title insurance, or convenience (virtual signings, mobile-notary closings at your kitchen table). Your agent can help you decide which company fits your situation.
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Estimated Monthly Payment
$0
Estimated Cash to Close
$0
▶ Seller Credits & Concessions (optional)
Why is the seller tax credit so large? In Illinois, property taxes are paid in arrears (2025 taxes are due in 2026). When you close, the seller credits you for their unpaid share — typically 13–15 months for a Q1 closing. This is the single biggest reducer of your cash to close, especially with low money down. Pulled from MARIS (current MLS tax data) when available, ATTOM as fallback. Override above if you have a more accurate figure from the county.
Reality check from the team's last 908 closings: seller tax credits average 1.47% of sale price for $200-350K homes (n=66), 1.43% for $350-500K (n=19), 1.58% for <$200K (n=46), and 1.87% for $500K+ (n=14). If our auto-estimate above is significantly higher than these team baselines, ATTOM's tax bill may be stale — pull the actual annual tax from the county for accuracy.
Title & closing fees vary by title company. These figures reflect a market-average across IL Metro East title providers (One Real Title, Town & Country, Community Title, Abstracts & Titles, Hudspeth, etc.). On resale deals, the listing agent typically chooses the title company. Use this as a strong rule of thumb — your actual quote may differ.
You can choose your own title company. Under federal law (RESPA §9), buyers have the right to choose their title company on any financed transaction — and sellers have similar flexibility. There's no requirement to use whoever the listing agent named in the MLS, and the buyer and seller don't even have to pick the same company. Weigh what matters most for your transaction: lower fees and cheaper title insurance, or convenience (virtual signings, mobile-notary closings at your kitchen table). Your agent can help you decide which company fits your situation.
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Monthly Cost of Holding
$0
Interest + Taxes + Insurance you never get back
Pricing to sell saves you money. Every month your home sits on the market, you pay mortgage interest, property taxes, and insurance that you never recover. The chart above shows how these holding costs add up.
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