Auction Calculator

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Calculate Your Savings

Simply input your desired sale price for the property you want to sell, the mortgage payoff along with your monthly expenses, and our Love Auction Calculator will provide 3 different sale scenarios at various price levels. The calculations show you the advantage of a Love Auction over the traditional sales method.

Desired Sales Price

Total Mortgage Payoff

Include: First trust, second trust, home loans, property liens.

All Monthly Expenses

  • Monthly Mortgage Payment.
  • Monthly Home Owners insurance (if not included in mortgage payment).
  • Monthly Home Owners Association fees
  • Monthly Utilities: electric, gas, propane, water, sewage, trash collection
  • Monthly Upkeep: Lawn care, snow removal, gutter cleaning, window cleaning, roof repair, painting, A/C repair, and maintenance etc.

Note: The average annual cost for residential upkeep ranges between 3%-4% of the value of the property.

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NOTES

  • Desired sale price entered in Scenario #1.
  • Scenario #2 is calculated at 97.5% of the desired sale price entered in Scenario #1.
  • Scenario #3 is calculated at 95% of the desired sale price entered in Scenario #1.
  • Monthly expenses for a Traditional Sale is calculated for 180 days (average time from the Traditional listing start date until closing).
  • Monthly expenses for Auctions Sale is calculated for 60 days (average time from auction listing start date until closing).
  • Closing cost calculations for an Auction are much less because Buyers are responsible for the closing cost.
  • These calculations are estimates only, other factors may apply in a real estate transaction.
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