How much will you have left after the sale?
The sale price is not what you receive. Take away the selling costs, the mortgage balance, the penalty, the notary fees and the other costs to find your net proceeds.
Your numbers
How you sell
Your mortgage
Your lender confirms the balance, the penalty and the discharge fees in writing. See the chapter The right time and your three figures.
Other costs
What you'll have left
$215,374
- Mortgage, penalty and notary$214,500
- Commission and taxes$18,626
- Other costs$1,500
- Net proceeds$215,374
An estimate for guidance only, before any tax owing. It does not replace advice from your lender, your notary or your tax specialist.