Wholesale Calculators
Assignment vs. double close:
what you net.
Both exits capture the same price spread between your purchase contract and your resale. An assignment of contract hands that spread to you directly, in one closing, for an assignment fee. A double closing keeps the spread off the original seller's settlement statement — but it runs two full closings and a transactional funder's fee to get there. Enter your own numbers below to see the actual difference in dollars.
Reviewed by Bryce Axelrad, Head Underwriter & Funding Manager Updated
Net-Spread Calculator
Why the two exits net different numbers
An assignment of contract never has you taking title. You sell your contractual right to buy, for an assignment fee, at the single closing when the end buyer purchases directly from the original seller. One closing, one settlement statement — and the fee you collect is visible on it. The original seller can see exactly what you made.
A double closing runs two separate, real sales: the original seller sells to you (the A–B closing), and you immediately resell to the end buyer (the B–C closing), often the same day at the same title company. Your profit is the difference between two sale prices rather than a disclosed fee, so it never appears on either party's settlement statement. That confidentiality is the entire reason to run two closings instead of one — but it costs money: two sets of title work, and in most cases a transactional funder to cover the A–B purchase price for the few hours or days before the B–C proceeds repay it.
A worked example
Say you have a contract to buy a property for $180,000, and a buyer lined up to pay $200,000. The gross spread is $20,000.
- Assignment: you collect the full $20,000 spread as your assignment fee at the single closing. No funder fee, no second closing.
- Double close:a transactional funder charges 1% of the $180,000 purchase price ($1,800) plus a $1,500 flat fee to cover the A–B closing, and the second closing runs, say, $800 in extra title and escrow charges beyond what a single closing would have cost. That's $4,100 against the same $20,000 spread, netting $15,900.
The $4,100 gap is the cost of keeping that $20,000 spread confidential from the original seller. Whether that trade is worth it depends on the deal: a contract that forbids assignment, an MLS or REO listing with anti-assignment language, or a spread large enough that the original seller would object if they saw it, are all reasons a double closing is the only exit available — not just the more expensive one.
What this calculator does not tell you
This is a cost comparison on the numbers you enter, not advice on which structure to use, and not a statement about which structure is permitted under your specific contract. Whether a given purchase contract allows assignment, and whether a double closing is appropriate for a specific deal, are questions for your contract and your own counsel. The defaults for the funder fee match Axelrad's published rate and flat fee, both of which you can edit, and the result is a planning estimate — not a quote or a funding commitment.
For the financing behind the A–B leg of a double closing, see how Axelrad's transactional funding works.