Free Montgomery County, Maryland seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Montgomery County. The calculator applies Maryland and Montgomery County rates for you.
- Median home value
- $615,200
- Transfer tax on $615,000
- $14,441
- Seller costs on $615,000
- About $38,431
- Median property tax bill
- $5,341 a year
- Owner's title policy
- Buyer pays
- Population
- 1,057,586
Montgomery County transfer tax
On a $615,000 sale in Montgomery County, transfer taxes come to $14,441: State transfer tax, Recordation tax (Montgomery County, owner-occupied) and County transfer tax (Montgomery County). By custom the seller pays $7,221 of that and the buyer $7,221.
| Tax | Rate | Paid by | On $615,000 |
|---|---|---|---|
| State transfer tax | 0.5% | Split 50/50 | $3,075 |
| Recordation tax (Montgomery County, owner-occupied) | First $100,000 exempt, then $4.45 / $6.75 / $10.20 / $10.78 / $11.35 per $500 (marginal) | Split 50/50 | $5,216 |
| County transfer tax (Montgomery County) | 1% | Split 50/50 | $6,150 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $2,542.50 | $2,542.50 | $5,085 |
| $500,000 | $5,530 | $5,530 | $11,060 |
| $615,000 local median value | $7,220.50 | $7,220.50 | $14,441 |
| $1,000,000 | $14,180 | $14,180 | $28,360 |
Example Montgomery County seller net sheet
A $615,000 sale, close to the county's median home value of $615,200, with a 5% commission and a $370,000 mortgage payoff. Seller costs come to about $38,431, or 6.2% of the price.
| Line | Seller |
|---|---|
| Sale price | $615,000 |
| First mortgage payoff | −$370,000 |
| Real estate commission (5%) | −$30,750 |
| State transfer tax | −$1,537.50 |
| Recordation tax (Montgomery County, owner-occupied) | −$2,608 |
| County transfer tax (Montgomery County) | −$3,075 |
| Settlement / closing fee | −$350 |
| Release / satisfaction recording | −$60 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $206,569.50 |
Who pays what in Montgomery County
In Montgomery County, the buyer customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing. Closings are usually handled by a title company or attorney.
Property taxes in Montgomery County
The median property tax bill for homeowners in Montgomery County is $5,341 a year, about 0.87% of the median home value of $615,200 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Fiscal year Jul-Jun, billed Jul 1 and paid in advance (semiannual option for owner-occupants); seller is credited for prepaid months.
Rates verified 2026-09-30. Home value and tax bill: Census Bureau American Community Survey, 2019–2023. A net sheet is an estimate; final figures come from the title company.
Montgomery County seller questions
How much is the transfer tax in Montgomery County, Maryland?
On a $615,000 sale in Montgomery County, transfer taxes come to $14,441: State transfer tax, Recordation tax (Montgomery County, owner-occupied) and County transfer tax (Montgomery County). By custom the seller pays $7,221 of that and the buyer $7,221.
How much are seller closing costs in Montgomery County?
On a $615,000 sale, close to the median home value in Montgomery County, with a 5% commission, estimated seller costs are about $38,431 (6.2% of the price). Without commission they are about $7,681. The loan payoff and property tax proration change the final number.
Who pays for title insurance and closing fees in Montgomery County?
In Montgomery County, the buyer customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing. Closings are usually handled by a title company or attorney.
How much are property taxes in Montgomery County?
The median property tax bill for homeowners in Montgomery County is $5,341 a year, about 0.87% of the median home value of $615,200 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Fiscal year Jul-Jun, billed Jul 1 and paid in advance (semiannual option for owner-occupants); seller is credited for prepaid months.
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