Seller Closing Costs — susanna fuda
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Seller guide

What you walk away with

Your sale price, minus what comes off it on closing day.
Sale price
$
Your mortgage
Balance owing
$
Monthly interest
$/mo
Mortgage type
Commission + HST5% + 13% HST
%
Commission total
Mortgage penalty
$
Discharge feetypically $200–$400
$
Lawyer
$
Movers
$
Property tax owingany unpaid up to closing
$
Utilities owingfinal bills to closing
$
Equipment buyoutrented furnace, AC, water tank
$
Total costs
$—
selling expenses
You walk away with
$—
after paying off the mortgage

These numbers are approximations — meant to give you a general idea of your costs, not a final figure. Confirm every closing cost with your real estate lawyer and mortgage professional before you rely on it.

Penalties must be confirmed by your lender — variable is usually 3 months' interest, fixed is usually the IRD, which can be much larger.

Not included: capital gains tax if this isn't your principal residence, staging, repairs, or any bridge financing.