# House Net Proceeds Calculator — Calculate Home Sale Profit

> Calculate Home Sale Profit (iPhone/iPad app by Thom Baker.)

- Source: https://appshunter.io/ios/app/house-net-proceeds-calculator/id6759731681 (this page in markdown: same URL + `.md`)
- Developer: [Thom Baker](https://appshunter.io/developer/1880396668)
- Category: Finance
- Price: Free
- Age rating: 17+
- Requires: iOS 15.1 · 29 MB
- Languages: American English
- Released: 2026-03-26
- Data updated: 2026-06-05
- User reviews in markdown: https://appshunter.io/ios/app/house-net-proceeds-calculator/id6759731681/reviews.md

## What is House Net Proceeds Calculator?

House Net estimates the net proceeds you will receive from the sale of your home. This app is primarily for people who are selling their primary residence after owning and living in the house for at least 2 years.  You enter the home sale price, original purchase price, cost of capital upgrades, realtor commission rate, and federal/state tax rates.  You enter your mortgage payoff balance, HELOC balance, seller closing costs, any buyer incentives you are offering, and estimated moving costs.  You answer questions to determine whether you qualify for the IRS Section 121 exclusion.  The app calculates the IRS exclusion amount based on the inputs.  Then the app calculates the gross profit for the sale and subtracts the IRS exclusion amount (if any) before the tax calculation.  Then it calculates the federal capital gains tax on this amount.  The state tax is calculated based on info provided by the user.  Then it calculates and displays the net amount the seller should receive after taxes, mortgage payoff and expenses are paid.

The calculations provided should not be construed as financial, legal or tax advice.  This tool is intended for informational purposes only and may not reflect the most current tax laws or regulations.  You should consult with a qualified tax professional or financial advisor before making any decisions based on the information provided by this tool.


## Version history (last 1 release)

### 1.0 — 2026-03-26

No release notes.

## More apps by Thom Baker

- [RMD Forecaster](https://appshunter.io/ios/app/rmd-forecaster/id6760191549)

All apps by Thom Baker: https://appshunter.io/developer/1880396668

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-05.*