Return Shipping Net Refund Calculator
Enter the item price, restocking fee, and return shipping to see your net refund.
Result
How it is calculated
The tool takes the item price, subtracts a restocking fee that is a percentage of that price, and subtracts the return shipping you pay: net refund = price − (price × fee% ÷ 100) − shipping. Price and shipping are amounts in dollars; the fee is a percentage entered as a plain number, so 15 means 15%. If you leave the fee or the shipping empty, it counts as zero. The item price must be above zero, the fee must be between 0 and 100, and shipping cannot be negative; otherwise nothing is returned. It shows three figures: the net refund, the restocking fee in money, and the total deductions (fee plus shipping). When the deductions exceed the price, the refund is shown as a negative amount such as -$15.00, meaning you would owe money. It does not add tax or shipping paid on the way in, so check whether your seller refunds those separately.
Worked example
You return a $120 item. The seller charges a 15% restocking fee and you pay $8.50 to ship it back. Fee: 120 × 15 ÷ 100 = $18.00. Total deductions: 18.00 + 8.50 = $26.50. Net refund: 120 − 26.50 = $93.50. In other words, you recover about 78% of what you paid. On a cheaper $20 item with the same 15% fee and $12 shipping, the refund falls to just $5.00, so the return costs three quarters of the price.
Common mistakes
- Entering the fee as a decimal such as 0.15 instead of 15. The field is a percentage, so 0.15 is read as 0.15% and the fee comes out at only $0.18 on a $120 item.
- Putting the shipping label cost in the percentage field, or the percentage in the shipping field. They are different units, a percentage and dollars.
- Forgetting that some sellers charge the restocking fee only on opened items. The tool applies the percentage you give it to the full price, so enter 0 when no fee applies.
- Returning a cheap item without checking the total. On a $20 item with a 50% fee and $25 shipping the net refund is -$15.00: the return would cost you money.
- Entering a negative shipping cost to represent a prepaid label or a credit. The tool rejects negative values and shows nothing, so use 0 for free returns.
About this calculator
When returning a purchase, the amount you actually get back is rarely the full item price: many retailers deduct a restocking fee (a percentage charged to cover the cost of reprocessing a returned item for resale) and, if return shipping isn't free, the cost of shipping the item back. This calculator subtracts both deductions from the item price to show the exact net refund you should expect to see credited.
The calculation is useful to online shoppers deciding whether a return is even worth it — on a lower-priced item, a restocking fee plus return shipping can eat a surprisingly large share of the refund, sometimes making a return barely worthwhile. E-commerce and customer service teams use the same logic in reverse, to communicate clearly to customers up front what they'll actually receive back before they commit to sending an item back.
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