Closing Cost Calculator: New Mexico Seller Averages
This free calculator can help home sellers in New Mexico estimate their closing costs and net proceeds. To get a preliminary idea of the cost of selling your house, enter the information for each of the input fields above. You can see typical or state averages for most New Mexico seller closing costs below.
Home Selling 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 a preliminary estimate with HomeLight’s free Home Value Estimator
2. Request a Comparative Market Analysis (CMA) from a top New Mexico agent
3. Purchase a pre-listing home appraisal (typically $700-$800 in New Mexico)
4. Visit this HomeLight map link to compare recently sold homes in New Mexico
Mortgage Payoff Amount: $193,587
According to Experian, the average mortgage balance for New Mexico homeowners is $193,587. To find your exact payoff amount, check your most recent mortgage statement or contact your mortgage provider.
Listing Agent Fee: $8,925–$10,710
A typical listing agent commission in New Mexico is 2.5% to 3% of the home’s selling price. On a $357,000 house, your agent’s fee might range from $8,925–$10,710.
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