Splits the year's taxes as of the closing date. Change the numbers and hit Calculate to see it work — on your live site it's branded to you and uses your state's exact rates.
Splits the year's taxes as of the closing date
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Property taxes are split between buyer and seller based on the closing date. This calculator estimates each party's share so the proration on the settlement statement is right and nobody is surprised.
Proration math is a frequent source of questions — answering it instantly on your website shows partners your office has the details handled.
The annual tax is divided across the year and split at the closing date, crediting or debiting each party for their portion of the period.
Yes — we set the proration method and tax-year convention to your jurisdiction so the estimate matches your closings.
Buyers, sellers, and agents reviewing the statement — and your team, to prepare accurate prorations faster.