Free Columbus, Mississippi seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Columbus, Mississippi (Lowndes County). The calculator applies the local rates for you.
- Median home value
- $121,200
- Transfer tax on $120,000
- None
- Seller costs on $120,000
- About $6,665
- Median property tax bill
- $1,215 a year
- County
- Lowndes County
- Population
- 22,820
Columbus transfer tax
Mississippi does not charge a real estate transfer tax, so there is none to pay on a home sale in Columbus.
Example Columbus seller net sheet
A $120,000 sale, close to Columbus's median home value of $121,200, with a 5% commission and a $70,000 mortgage payoff. Seller costs come to about $6,665, or 5.6% of the price.
| Line | Seller |
|---|---|
| Sale price | $120,000 |
| First mortgage payoff | −$70,000 |
| Real estate commission (5%) | −$6,000 |
| Settlement / closing fee | −$300 |
| Seller's attorney fee | −$300 |
| Release / satisfaction recording | −$25 |
| Wire / courier / payoff processing | −$40 |
| Estimated net before property tax prorations | $43,335 |
Who pays what in Columbus
Columbus closings follow Lowndes County customs. In Lowndes County, the buyer customarily pays the owner's title policy. The settlement fee is customarily split between buyer and seller. Closings are usually handled by an attorney, and each side normally has its own attorney.
Property taxes in Columbus
The median property tax bill for homeowners in Columbus is $1,215 a year, about 1% of the median home value of $121,200 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Bills issued Dec for the calendar year, due Feb 1; seller credits buyer.
Rates verified 2026-09-29. 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.
Columbus seller questions
How much is the transfer tax in Columbus, Mississippi?
Mississippi does not charge a real estate transfer tax, so there is none to pay on a home sale in Columbus.
How much are seller closing costs in Columbus?
On a $120,000 sale, close to the median home value in Columbus, with a 5% commission, estimated seller costs are about $6,665 (5.6% of the price). Without commission they are about $665. The loan payoff and property tax proration change the final number.
What county is Columbus in, and does it matter at closing?
Columbus is in Lowndes County, Mississippi. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Lowndes County, the buyer customarily pays the owner's title policy. The settlement fee is customarily split between buyer and seller.
How much are property taxes in Columbus?
The median property tax bill for homeowners in Columbus is $1,215 a year, about 1% of the median home value of $121,200 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Bills issued Dec for the calendar year, due Feb 1; seller credits buyer.
Build your Columbus net sheet in minutes.
Free to use. No account needed to try it.