New Mexico Home Seller Close Cost Calculator

Close Cost Calculator: Average Sellers in New Mexico

This free calculator can help home sellers in New Mexico estimate their settlement costs and net benefits. To get an initial idea of ​​the cost of selling a home, enter the information for each of the input fields above. You can see typical or state averages for most New Mexico sellers end costs.

Home price: $357,000

How does your home compare to the state’s median selling price of $357,000? To determine your listing price, you can:

1. Get preliminary estimates with Homelight’s free home value estimator

2. Comparative Market Analysis (CMA) for Top New Mexico Agents

3. Appraisal of a home listed before purchasing (usually $700-$800 in New Mexico)

4. Please visit this Homelight Map link to compare homes for recent sale in New Mexico

Mortgage Amount: $193,587

According to Experian, the average mortgage balance for homeowners in New Mexico is $193,587. To find the exact amount of your earnings, check your recent mortgage statement or contact your mortgage provider.

Listing Agent Fee: $8,925 – $10,710

The typical listing agency board in New Mexico is between 2.5% and 3% of the price of a home. In a $357,000 home, your broker’s fees may range from $8,925–$10,710.