What are net proceeds from a home sale?

Net proceeds are the amount the seller receives after deducting all costs from the sale price, including real estate commission, legal fees, mortgage payout, and any other closing costs.

What costs are deducted from home sale proceeds in Saskatchewan?

Typical deductions include real estate commission, legal/notary fees, mortgage payout balance, property tax adjustments, and any outstanding liens or home equity lines of credit.

How accurate is the net proceeds estimate?

This tool provides a close estimate based on the values you enter. For a precise figure, consult your REALTOR® and real estate lawyer, as exact amounts depend on your mortgage terms and closing date.

Net Proceeds Calculator — What Will You Walk Away With?

🏠 Sale Information

Sale Price

Seller's Name (for report)

Property Address (for report)

Closing Date (for report)

🏦 Mortgage Payoff

Remaining Mortgage Balance

Outstanding principal on your mortgage

Mortgage Discharge / Penalty Fee

Early payout penalty from your lender (if any)

💼 Real Estate Commission

Total Commission Rate (%)

Commission Amount ($)

Tax on Commission

Tax is paid on the commission amount

⚖️ Legal & Closing Costs

Legal / Notary Fees

Home Staging Costs

Pre-Sale Repairs / Renovations

Moving Costs

📋 Property Tax Adjustments

Annual Property Tax

Days Pre-paid / Owing

Positive = seller credit (pre-paid). Negative = buyer credit (owing).

Tax Adjustment Amount

Auto-calculated from above, or enter manually

➕ Other Deductions / Credits

Condo Status Certificate

Home Inspection (pre-listing)

Survey / Encroachment Fees

FINTRAC / Title Insurance

Any Other Deductions

Any Credits to Seller (adds to proceeds)

Estimated Net Proceeds

Enter your sale details on the left

Sale Price—

Mortgage Payoff—

Discharge / Penalty—

Commission—

Tax on Commission—

Legal Fees—

Staging—

Repairs—

Moving—

Tax Adjustment—

Other Items—

Seller Credits—

Net Proceeds —

Net Proceeds Calculator

🏠 Sale Information

🏦 Mortgage Payoff

💼 Real Estate Commission

⚖️ Legal & Closing Costs

📋 Property Tax Adjustments

➕ Other Deductions / Credits

Estimated Net Proceeds

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