Team: Candid Real Estate Group
Brokerage: RE/MAX 2000 Realty
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Calculators · Selling
Sale price less commission and GST, legal fees, the mortgage payout, any penalty and preparation costs.
Estimated net proceeds
$611,200
$1,100,000 less $38,800 in selling costs and the $450,000 mortgage payout. 55.6% of the sale price comes back to you.
Statement of adjustments, roughly
Commission covers both sides
These calculators are educational illustrations, not advice and not an offer of credit. Figures are estimates from the inputs you enter and simplified rules; your lender's calculation, rates, fees, taxes and qualification will differ and are confirmed only by a licensed mortgage professional, lawyer or accountant. Mervin Truong is a licensed real estate professional, not a mortgage broker or financial advisor. Commission is negotiable and set in your listing agreement; the defaults here are editable, not a quote.
From estimate to plan
A calculator describes a scenario. I'll read it against what's selling now and introduce a licensed mortgage professional to confirm what you qualify for.