Meet Narges
SELLER'S GUIDE · COSTS & PROCEEDS

Net Proceeds Calculator

Your sale price and what actually lands in your account are two different numbers — estimate the real one after your mortgage payout, commission, and closing costs.

Get your exact payout figure from your lender before closing — this is just an estimate.
Commission is fully negotiable — not set by law or by any board.
Your lawyer’s fee to close the sale: reviewing the agreement, clearing your mortgage from the title, preparing the deed and statement of adjustments, plus registration costs and HST. Usually $800–$1,500 in Ottawa.
Prepayment penalty only applies if you're breaking your mortgage term early — ask your lender. "Other costs" covers repairs, staging, or moving you want to budget in.
ESTIMATED NET PROCEEDS$0
Sale Price—
Mortgage Payout—
Commission (incl. HST)—
Legal Fees—
Mortgage Discharge Fee—
Prepayment Penalty—
Other Costs—
Net Proceeds—

HST (13%) is applied to the commission amount, since real estate commission is a taxable service in Ontario.

This is an estimate for illustration purposes only and does not constitute financial or legal advice. Your actual mortgage payout, commission rate, and closing costs depend on your specific lender, agreement, and situation — talk to Narges for a personalized number.

Get My Free Home Evaluation Message Narges on WhatsApp
Royal LePage Team Realty, Independently Owned and Operated, Brokerage
Ask AI
Talk to Narges