Manitoba calculators

Seller net proceeds

Mortgage payment Affordability Land transfer tax CMHC insurance Closing costs Seller net proceeds Rent vs buy

Expected sale price$520,000 Commission (example)4.5% Mortgage balance left$210,000 Legal fees$1,200 Repairs, staging, moving$2,500

You would net about

$281,380

Commission (rate set by agreement)$23,400

GST on commission$1,170

Mortgage payout$210,000

Mortgage discharge fee (approx.)$350

Legal fees (approx.)$1,200

Other (repairs, staging, moving)$2,500

Total costs$238,620

Commission is set in your listing agreement; the rate here is only an example to play with.

Where the sale price goes

You keep 54%Commission (rate set by agreement) 5%GST on commission 0%Mortgage payout 40%Mortgage discharge fee (approx.) 0%Legal fees (approx.) 0%Other (repairs, staging, moving) 0%

Dre saysSmall fixes before photos often add more than they cost. Ask Adela which ones.

Estimates only, not financial advice. Your lender and lawyer confirm the final numbers.