Home Selling Cost Calculator
Enter your sale price and what is left on your mortgage to estimate what you take home after selling your Alberta home. The calculator subtracts the buyer's brokerage commission, Chabi's fee on the $949 flat fee or 1% plan, legal fees, closing adjustments and any mortgage prepayment penalty. The buyer's brokerage commission uses the assumed rate shown under that field; on a Chabi listing, you decide what to offer. Chabi's fee is shown before GST.
Enter your details
Sale Price The price you expect to sell your home for, based on market comparables or your listing price.
Mortgage Remaining The outstanding balance owed on your current mortgage as of your expected closing date.
Buying Commission to Pay (1.7%) Commission paid to the buyer's agent. This estimate assumes 3.5% on the first $100,000 of the sale price, plus 1.5% on the amount above $100,000.
3.5% up to $100,000 + 1.5% above
Chabi Commission Your Chabi listing fee: choose the $949 flat fee (Sell It Yourself) or 1% of sale price (Sell With an Expert).
Legal Fees (Est.) Estimated lawyer / notary fees to handle your closing, title transfer, and mortgage discharge.
Adjustments (Est.) Estimated closing adjustments for prepaid property tax, condo fees, or utilities, prorated to your closing date.
Mortgage Penalty (Est.) Estimated prepayment penalty for discharging your mortgage early, usually about 3 months' interest. Your bank will confirm the exact amount.
Breakdown
Live updateSale Price
$1,200,000
Mortgage Remaining
− $550,000
Buying Commission (1.7%)
− $20,000
Chabi Commission
− $949
Legal Fees (Est.)
− $1,500
Adjustments (Est.)
− $5,000
Mortgage Penalty (Est.)
− $6,875
Net Proceeds
$615,676
Your Estimated
Net Proceeds
$615,676
51.3% of Sale PriceSummary
You Keep
$615,676 (51.3%)
Mortgage Payoff
$550,000 (45.8%)
Total Fees
$22,449 (1.9%)
Mortgage Penalty
$6,875 (0.6%)
Adjustments
$5,000 (0.4%)
Savings with Chabi
vs. a traditional 1.7% listing commission
$19,051
No hidden fees. No surprises.
All numbers are estimates.
Legal fees, adjustments, and mortgage penalty are standard costs on every home sale, not fees Chabi charges.
Estimates only. Final proceeds may vary based on closing adjustments and final figures.
Related tools and guides
- Selling with ChabiThe $949 flat fee and 1% plans, and what each one includes.
- Real estate commission in AlbertaWhy there is no standard rate, and what the rules do require.
- What is my home worth?A market value estimate to start your sale price from.
- All calculatorsMortgage, property tax and true cost of ownership.