Mortgage strategy for physicians at Horizon Health's Moncton site, with a simple 1% property transfer tax.
A physician program could add
$0
to the home you can buy.
Estimate at 4.49%, stress tested at 6.49%, with 10% down, below the $1.5M insured limit.
The Moncton Hospital is in Moncton, New Brunswick. Affiliation: Horizon Health / Dalhousie. Other hospitals nearby: Dr. Georges-L.-Dumont University Hospital Centre and QEII Health Sciences Centre.
Price: New Brunswick Real Estate Board, Moncton and Area, July 2026. Tax: New Brunswick, Real Property Transfer Tax Act. Rates reviewed August 2026.
Physician mortgages in MonctonHighest purchase price, 10% down, no student debt, 4.49% stress tested at 6.49%, kept below the $1.5M insured limit. Resident pay: Maritime Resident Doctors 2024-2027 agreement, schedule A, in effect July 2026. One grid covers all three provinces. The PGY-8 cell is blank in the signed agreement for the current years. Program figures: Physician projected-income program factsheet, September 2023 edition.
How much is land transfer tax in Moncton?
New Brunswick charges a Real Property Transfer Tax of 1% of the greater of price or assessed value. On a $380,000 home that is roughly $3,800, far below Ontario or BC.
Closing costs in MonctonIs Moncton a good market for physicians?
Yes. The Moncton and Area benchmark price was $384,300 in July 2026, the city has both anglophone and francophone hospitals, and New Brunswick's transfer tax is a flat 1%.
