Rhode Island seller net sheet calculator

Rhode Island sellers pay the realty conveyance tax, which rose on October 1, 2025 to 0.75% of the price, plus another 0.75% on the part of a home’s price above $800,000.

Rhode Island’s rules checked September 30, 2026Runs in your browser. Nothing you type is saved.

State Closing date

Rhode Island: Real estate conveyance tax: 0.75% to 1.5%, by price, usually paid by the seller. Owner’s title is usually paid by the buyer. An attorney usually handles the closing.

Sale price

$

Mortgage payoff

$

Commissions

Listing agent

Buyer’s agent

Estimated net to seller $190,749

42%keeps

Sale price$455,000
Commissions−$25,025
- Listing agent commission (3%)est.−$13,650
- Buyer’s agent compensation (2.5%)est.−$11,375
Loans and liens−$230,000
- Mortgage payoff−$230,000
Title and closing−$1,600
- Settlement or escrow feeest.−$600
- Closing attorneyest.−$900
- Recording and release feesest.−$100
Taxes−$7,626
- Real estate conveyance tax−$3,413
- Property taxes (prorated)est.−$4,213
Net to seller$190,749

An estimate, not a closing statement. The title or escrow company and your lender provide the final figures, and the loan payoff comes from the lender's payoff statement. Commissions are negotiable.

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A Rhode Island sale, worked out

The calculator opens on $455,000, about the median value of an owner-occupied home in Rhode Island ($455,700, 2024 Census estimate), with a $230,000 mortgage payoff as an example. Commissions are whatever the seller agrees, so they’re left out here.

Before commissions and the payoff, the seller’s costs come to about $9,226, or 2.03% of the price, for a closing on December 5, 2026. Rhode Island’s transfer tax on a $400,000 sale is the 11th highest of the 35 states and DC that have one.

Seller’s costs on $455,000, before commissions and the payoff
Settlement or escrow feeest.	−$600
Closing attorneyest.	−$900
Recording and release feesest.	−$100
Real estate conveyance tax	−$3,413
Property taxes (prorated)est.	−$4,213
Total	−$9,226

Estimates are tagged “est.”; the rest follow the state’s rules.

The real estate conveyance tax and title at other prices

Real estate conveyance tax is 0.75% to 1.5%, by price, usually paid by the seller. The owner’s policy below is an estimate; your title company’s quote will differ. The buyer usually pays for it here, so it isn’t in the seller’s costs above.

Sale price	Whole real estate conveyance tax	Seller usually pays	Owner’s title policy
$250,000	$1,875	$1,875	$875est.
$500,000	$3,750	$3,750	$1,750est.
$750,000	$5,625	$5,625	$2,625est.
$1,000,000	$9,000	$9,000	$3,500est.
$2,000,000	$24,000	$24,000	$7,000est.

Selling in Rhode Island: what to know

Real estate conveyance tax

Rhode Island’s realty conveyance tax is $3.75 per $500 (0.75%) of the full price, rounded up to the next $500, and on a home an additional $3.75 per $500 on the part above $800,000, so 1.5% on that slice. These rates took effect October 1, 2025, up from $2.30 per $500. The seller pays unless the parties agree otherwise. Non-residential property pays a flat 0.75%.

Title insurance

The buyer customarily pays for the owner’s policy in Rhode Island.

Who runs the closing

Rhode Island closings are customarily run by attorneys, often the lender’s or buyer’s, and sellers often hire an attorney for the deed. It is customary rather than strictly required.

Property taxes

Rhode Island property tax is set by each town. Most use a July-to-June fiscal year with quarterly installments, and some assess as of December 31 of the prior year, so the proration direction varies by town.

Selling in Rhode Island: questions

How much is the transfer tax in Rhode Island?

Since October 1, 2025, Rhode Island charges 0.75% of the full price plus another 0.75% on the part of a home’s price above $800,000. A $1 million sale pays $9,000.

Who pays the conveyance tax in Rhode Island?

The seller pays Rhode Island’s realty conveyance tax unless the contract says otherwise.

Did Rhode Island’s transfer tax go up?

Yes. On October 1, 2025 the base rate rose from $2.30 to $3.75 per $500, and the extra rate above $800,000 rose by the same amount.

How much are seller closing costs in Rhode Island?

Leaving out commissions, which are whatever the seller agrees, and the loan payoff, a Rhode Island seller’s costs on a $455,000 sale come to about $9,226 with the calculator’s estimates and a December 5, 2026 closing: settlement or escrow fee $600, closing attorney $900, recording and release fees $100, real estate conveyance tax $3,413, property taxes (prorated) $4,213. Put in your own numbers above for a closer figure.

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