Tools

Closing tools

Free estimates for buyers, sellers, realtors and lenders. Nothing you enter is saved.

Call 256-434-1678

Alabama deed and mortgage tax

Rates are not available right now. Call 256-434-1678.

Formula

Deed tax = (price minus any assumed mortgage that already paid mortgage tax, rounded up to the next $500) / 500 x rate.

Mortgage tax = (loan amount rounded up to the next $100) / 100 x rate. Any fraction counts as a full unit.

Rate last verified: not yet verified

Estimate only. Your Closing Disclosure or settlement statement controls. This is not legal or tax advice.

Seller net sheet

Enter your own figures. This tool does not fill in any amounts for you, and nothing you type is saved.

Sale price

Payoff of existing loans

Commissions

Seller-paid buyer costs

Repairs or credits

Property tax proration

Other costs

Total costs$0.00

Estimated net to seller$0.00

Formula

Estimated net = sale price minus every cost you enter below.

Estimate only. Your Closing Disclosure or settlement statement controls. This is not legal or tax advice.

Property tax proration

Annual property tax

Closing date

Method

Closing day is charged to (check your contract)

Confirm with the county

Call the county revenue office for due dates.

Formula

Daily tax = annual tax / days in the period. Seller share = daily tax x seller days. Calendar year in arrears uses January 1 to December 31 of the closing year.

Estimate only. Your Closing Disclosure or settlement statement controls. This is not legal or tax advice.

Monthly payment estimator

Loan amount

Interest rate (%) from your lender

Loan term (years)

Yearly property tax

Yearly homeowners insurance

Monthly HOA dues

Principal and interest$0.00

Taxes$0.00

Insurance$0.00

HOA$0.00

Estimated total each month$0.00

Formula

Principal and interest = L x r / (1 - (1 + r)^-n), where L is the loan, r is the yearly rate / 12, and n is the number of months. Taxes and insurance are yearly amounts / 12. HOA is monthly.

Estimate only. Your Closing Disclosure or settlement statement controls. This is not legal or tax advice.

Closing day countdown

Target closing date

Confirm the date against your contract and with our office.

Formula

Days left = closing date minus today.

Estimate only. Your Closing Disclosure or settlement statement controls. This is not legal or tax advice.

Moving planner

Move date

Formula

Each week's tasks are dated by counting back from your move date.

Estimate only. Your Closing Disclosure or settlement statement controls. This is not legal or tax advice.

Questions about a closing?

Talk to a real person at our office.

Call 256-434-1678