New Westminster seller tools

Your sale. Your next mortgage.

See what you could keep, compare preparation costs, and work out the payments on your next home. One place for the numbers behind your move.

No sign-upNo details sentYour own figures

01 Sale and mortgage

Possible sale priceYour assumption, not a valuation.Mortgage payoutUse a lender’s written payout quote.

02 Costs to allow for

Include applicable taxes in each quote. Enter 0 for a cost you do not have; a blank means it is still missing.

Selling fees, including taxUse your agreed fee or written quote.Other closing costsLegal, lender charges and adjustments; avoid double-counting payout charges.Preparation budgetCleaning, repairs or staging already planned.Moving costsInclude storage or move-out costs if needed.

03Would extra preparation pay off?Compare a second sale scenario

Test your own assumption about a different sale price. The tool does not predict a price increase from staging or renovations.

Sale price after preparationA second assumption to test.Selling fees for this scenarioInclude tax; fees may change with price.Extra preparation budgetAdded to the preparation cost above.Extra months before saleUse 0 if there is no extra delay.Extra carrying cost per monthInterest, strata fees, insurance, tax and utilities attributable to the delay; exclude principal.

01 The home and your down payment

Home priceYour planned purchase price.Down paymentMoney available for the purchase, after keeping a reserve.

Keep aside from your saleAllow for purchase taxes, legal fees, moving and an emergency cushion.

Complete the sale calculation to bring those proceeds into your down payment.

02 The mortgage you are considering

Interest rate (%)Enter your lender’s quoted annual rate. No live rates are supplied.Amortization (years)Years to repay the loan. Eligibility is decided by your lender.Payment frequencyAccelerated means half the monthly amount, 26 times a year.Mortgage term (years)Time until renewal, not the full repayment period.

Insurance, extra payments & ownership costs

Insurance premium added to loanUse a lender’s quote. Enter 0 only if no premium is financed.Extra with each paymentCheck your lender’s prepayment allowance first.Yearly property taxUsed for the monthly budget, not added to the loan.Other costs each monthStrata fees, home insurance, utilities and maintenance allowance.Rate compoundingConfirm the convention in your mortgage quote.

Estimated payment

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Enter the home price, down payment and interest rate.

Mortgage amount: —
Average monthly budget: —
Interest during this term: —
Principal repaid this term: —
Balance at renewal: —
Payment at a 1-point higher rate: —

Estimates in Canadian dollars. No figures are sent.

See the repayment path

Illustration with the same rate throughout
Year	Balance	Interest paid so far

Not a mortgage offer or approval. The monthly budget includes only costs entered above. The higher-rate example is a comparison, not a qualification test. Rates can change at renewal; lender rounding, dates, insurance and prepayment terms may change the figures.

Save my figures on this device

Nothing is saved unless you choose to save.

Understand the result

The sale price is only the starting point.

How the calculation works

Sale price minus mortgage payout, selling fees, other closing costs, preparation and moving costs equals estimated net proceeds.

What “break-even” means here

It is the second sale price needed to leave you with the same amount as the first scenario, using the costs you entered. It is not the price needed to recover your original purchase or a prediction of what buyers will pay.

Understanding the mortgage estimate

The payment calculation uses the rate, compounding and schedule you select. Extra payments reduce the balance; the repayment table holds the same rate for illustration, even after renewal. Regular biweekly spreads twelve monthly payments across 26 payments. Accelerated biweekly makes the equivalent of thirteen monthly payments a year.

For independent guidance, see the Government of Canada mortgage calculator and minimum down-payment rules.

Replace assumptions with quotes

Confirm the mortgage payout with your lender, costs with the relevant professionals, and any pricing assumption with property-specific comparable sales. Selling fees are agreed with your representative; this tool does not assume a standard rate.

Read the selling costs guide

Further reading: Financial Consumer Agency of Canada: selling a home and BCFSA: commissions and disclosures.