and thought the story and numbers might provide some good insight for fellow newbies into the real cost of selling a home. And, of course, there are a lot of other costs that add up, including holding costs, agent commissions, closing costs, etc. And then you have to factor in commissions and closing costs. + Sale Price: $259,900- Mortgage Balance: $177,797- Commission (5.15%): $13,385- Closing Costs: $7,276 (includes title company fees, home warranty, closing cost credit to buyer, etc.) Remember that we had money we had to put in prior to closing for our original down payment, renovations, and holding costs while updating and selling.