What you'll actually walk away with
Michigan transfer tax, title, prorations, and payoff — the full net sheet, not a home-value guess designed to harvest your phone number.
Seller net proceeds calculator
Michigan levies a state transfer tax of $3.75 per $500 plus a county tax of $0.55 per $500 — $8.60 per $1,000 of sale price, customarily paid by the seller. Both are charged on each $500 or fraction thereof, so the figure below is computed on your price rounded up to the next $500. If the home was your principal residence, the state half may be refundable — the Michigan transfer tax calculator runs that check.
Common questions
How much of my sale proceeds goes to transfer tax?
$8.60 per $1,000 of sale price, charged on each $500 or fraction thereof, so a $350,000 sale costs $3,010 and a $350,100 sale costs $3,014. After commission it is usually the largest single deduction on a Michigan net sheet. The transfer tax calculator covers the state and county split and when the state half is refundable.
What else comes out of my proceeds at a Michigan closing?
Commission, the mortgage payoff with per-diem interest, prorated property taxes, the owner's title insurance policy (customarily seller-paid in Michigan), and settlement and recording fees. The calculator itemizes each line. Some Metro Detroit cities add a point-of-sale inspection fee — the C of O directory lists who to ask.
Can I skip the state transfer tax?
Sometimes. Michigan exempts the $7.50 state portion when the state equalized value at sale is no higher than it was when you bought — common for owners who bought near a market peak. If you qualify, that is real money back.
How are property taxes prorated when I sell?
By whatever method the purchase agreement sets — Metro Detroit custom varies by county on whether summer and winter bills are treated as paid in advance or in arrears. It shifts the credit by hundreds of dollars, so check the line rather than assume.
Every number you need, before you sign
Tax Uncapping
What your taxes actually become after closing.
Escrow Shock
Your year-two payment increase and shortage notice.
Affordability
True monthly payment with uncapped Michigan taxes.
Property Tax
This year's bill from official 2025 millage for your exact district.
Transfer Tax
What the seller owes the state and county at closing.
Tax Appeal
Are you over-assessed, and would appealing actually save you anything?