Nothing you type here leaves your device. There is no account, no saving and nothing sent to us. Close the tab and it is gone. If you want us to look at your situation, that is a separate step you choose further down.
Almost every decision in a foreclosure comes down to one number: what a sale would leave after everything owed against the property is paid. Not the price. What is left.
This works it out from figures you supply. We do not assume a market discount, a commission rate or a cost percentage — we do not know your file, and a made-up percentage is exactly what makes these calculators useless. Put in two prices you think are realistic and see the gap between them.
Your numbers
Two prices YOU think are realistic. If you only have one, leave B blank.
Ask your lender for a payout statement, not your balance. A payout includes arrears, accrued interest and any legal costs already added to the mortgage — it is usually higher than people expect.
Second mortgage, a line of credit secured on the home, condo fee arrears, a builders' lien, a writ. Pull your own title — this is the figure people forget.
Commission, legal fees, adjustments. Commission in Alberta is negotiable and varies, so we do not put a rate here — use the figure you have actually been quoted, or your own estimate.
What the answer changes
If there is real equity, the whole game is protecting it, and the route that usually protects the most of it is a sale you control rather than one the court runs — that comparison is here. Reinstating or refinancing may also be realistic.
If the number is small or negative, the questions change completely. The shortfall becomes the thing to get advice on, and the other options matter more. Whether a lender can pursue you for a deficiency depends on your specific mortgage and circumstances — that is a lawyer's answer, and it is worth getting one rather than assuming either way.
This is arithmetic, not advice. It cannot see your mortgage, your title or your court file, and it does not know what a court would do. Use it to get oriented, then get the real figures.