What you actually walk away with.
Sellers are quoted a price and plan around it. The number that matters is what lands in your account after the agent, the lawyer, every lender registered on title and anyone else with a claim has been paid. Put your figures in — including a second mortgage, with its own penalty and discharge fee — and see it.
Realtor commission
Prefilled with a common two-tier structure so you have somewhere to start. Change every figure. Commission is negotiable and varies by agent, brokerage and market. This is not a quote and not a going rate.
Mortgage payout
Everything else
You walk away with
$441,100
on a $900,000 sale, after $458,900 of costs and payouts.
Where it goes
The sale price, split
What each part of the sale takes, and what is left.
Selling and buying at once?
Net proceeds are only half the picture — what you walk away with sets what you can buy next, and the timing between the two closings is where these deals get tight. Send us the details and we will map both sides.
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An estimate, not an offer or a statement of adjustments. It does not include the property tax or strata adjustments your lawyer calculates at closing, moving costs, or any capital gains tax if this is not your principal residence. Your lender's written payout statement and your lawyer's final statement are the numbers that govern.
Common questions
How do I calculate net proceeds from selling my house?+
Start with the sale price, then subtract everything paid out of the sale: the realtor commission plus GST or HST on it, your lawyer or notary, every mortgage balance registered on title with its own prepayment penalty and discharge fee, and any other debt secured against the property. What is left is your net proceeds. A commission rebate from your agent is added back, because it reduces what selling costs you.
How is realtor commission calculated in BC?+
Commission is negotiable and set by agreement with your agent, so there is no fixed rate. It is commonly quoted as a two-tier percentage — one rate on the first portion of the sale price and a lower rate on the balance — but it can also be a flat dollar amount. Sales tax applies to the commission. Always work from your own listing agreement rather than a typical figure.
Do I pay a penalty if I sell before my mortgage term ends?+
Usually yes, unless you port the mortgage to your next home or the lender waives it. On a variable-rate mortgage the penalty is normally three months' interest. On a fixed-rate mortgage it is the greater of three months' interest and the interest rate differential, and lenders that use posted rates in that calculation produce much larger penalties than lenders that use their current rates. Get the figure from your lender in writing before you firm up a sale.
What happens to a second mortgage when I sell?+
It is paid out on closing like the first, out of the sale proceeds, and it comes with its own costs: its own prepayment penalty and its own discharge fee, charged by that lender rather than the first lender. Private and alternative seconds often carry an interest guarantee — a minimum number of months of interest owed however early you repay — so the penalty on a small second can be larger than the arithmetic on the balance suggests. Ask each lender for a written payout statement, and add them separately rather than lumping them together.
What if the sale does not cover the mortgage?+
Then there is a shortfall to cover before the deal can close, and your lender has to agree to discharge the mortgage for less than the balance owing. That is a conversation to have before listing, not after an offer is accepted.
Case Studies — files like this
Anonymized case studies from our desk. Names and identifying details removed.
Every calculator here is built on published Canadian government rules and lender methodology, and was last checked for accuracy on August 1, 2026 — the arithmetic re-verified and every page re-read on screen. Rates and thresholds change — we confirm the current numbers for your file before you rely on them.