Kentucky seller net sheet calculator
What a Kentucky seller walks away with after commission, payoffs, title, and transfer taxes. Rates and closing customs below are verified for Kentucky; the calculator applies them for you, down to the county.
- State transfer tax
- $0.50 per $500
- Owner's title policy
- Buyer pays
- Seller costs on $400,000
- About $20,491
Kentucky transfer tax
Kentucky charges the real estate transfer (deed) tax of $0.50 per $500, customarily paid by the seller.
| Tax | Level | Rate | Customarily paid by |
|---|---|---|---|
| Real estate transfer (deed) taxKRS 142.050(2): $0.50 per $500 or fraction, imposed on the grantor. | State | $0.50 per $500 | Seller |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $250 | $0 | $250 |
| $500,000 | $500 | $0 | $500 |
| $1,000,000 | $1,000 | $0 | $1,000 |
Example Kentucky seller net sheet
A $400,000 sale with a 5% commission and a $250,000 mortgage payoff. Seller closing costs come to about $20,491, or 5.1% of the price.
| Line | Seller |
|---|---|
| Sale price | $400,000 |
| First mortgage payoff | −$250,000 |
| Real estate commission (5%) | −$20,000 |
| Real estate transfer (deed) tax | −$400 |
| Release / satisfaction recording | −$46 |
| Wire / courier / payoff processing | −$45 |
| Estimated net before property tax prorations | $129,509 |
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 Kentucky
Buyer customarily pays the owner's policy. Closings are usually handled by a title company or attorney. The settlement or escrow fee is customarily paid by the buyer.
Seller pays deed tax and deed preparation.
Property tax prorations
Property taxes are paid in arrears. The typical effective rate is about 0.85% of value per year. Calendar year, billed Oct-Nov (2% discount in November); seller credits buyer for Jan 1 through closing when unpaid.
Sources
Verified 2026-09-29. 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 [email protected].
Kentucky net sheet questions
Does Kentucky have a real estate transfer tax?
Kentucky charges the real estate transfer (deed) tax of $0.50 per $500, customarily paid by the seller.
How much is the transfer tax on a $500,000 home in Kentucky?
With no county or city chosen, the transfer tax on a $500,000 sale is about $500, customarily paid by the seller.
How much are seller closing costs in Kentucky?
On a $400,000 sale with a 5% commission, estimated seller costs in Kentucky come to about $20,491 (5.1% of the price), including $20,000 of commission. Without commission, closing costs are about $491. Local taxes, the payoff, and property tax prorations change the final number.
Who pays for title insurance in Kentucky?
Buyer customarily pays the owner's policy.
Who handles the closing in Kentucky?
Closings are usually handled by a title company or attorney.
How are property taxes prorated when selling a home in Kentucky?
Property taxes are paid in arrears. The typical effective rate is about 0.85% of value per year. Calendar year, billed Oct-Nov (2% discount in November); seller credits buyer for Jan 1 through closing when unpaid.
Net sheets in other states
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Build a Kentucky net sheet in minutes.
Free to use. No account needed to try it.