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Mortgages, specialty by specialty.

How much you qualify for depends heavily on your specialty: the projected income, how you bill, and whether you incorporate. Find yours.

$379,000Highest, ophthalmology
$300,000Most specialties on the chart
$225,000Family medicine and unlisted

Every specialty, by projected income.

OphthalmologyRoughly $2,170,000 on projected income with 20% down$379,000
CardiologyRoughly $2,050,000 on projected income with 20% down$359,000
GastroenterologyRoughly $1,770,000 on projected income with 20% down$309,000
AnesthesiologyRoughly $1,710,000 on projected income with 20% down$300,000
DermatologyRoughly $1,710,000 on projected income with 20% down$300,000
Emergency MedicineRoughly $1,710,000 on projected income with 20% down$300,000
EndocrinologyRoughly $1,710,000 on projected income with 20% down$300,000
Internal MedicineRoughly $1,710,000 on projected income with 20% down$300,000
NephrologyRoughly $1,710,000 on projected income with 20% down$300,000
NeurologyRoughly $1,710,000 on projected income with 20% down$300,000
Obstetrics and GynecologyRoughly $1,710,000 on projected income with 20% down$300,000
OncologyRoughly $1,710,000 on projected income with 20% down$300,000
Orthopedic SurgeryRoughly $1,710,000 on projected income with 20% down$300,000
Otolaryngology (ENT)Roughly $1,710,000 on projected income with 20% down$300,000
PediatricsRoughly $1,710,000 on projected income with 20% down$300,000
Physical Medicine and RehabilitationRoughly $1,710,000 on projected income with 20% down$300,000
Plastic SurgeryRoughly $1,710,000 on projected income with 20% down$300,000
PsychiatryRoughly $1,710,000 on projected income with 20% down$300,000
RadiologyRoughly $1,710,000 on projected income with 20% down$300,000
RespirologyRoughly $1,710,000 on projected income with 20% down$300,000
RheumatologyRoughly $1,710,000 on projected income with 20% down$300,000
SurgeryRoughly $1,710,000 on projected income with 20% down$300,000
UrologyRoughly $1,710,000 on projected income with 20% down$300,000
Family MedicineRoughly $1,280,000 on projected income with 20% down$225,000
PathologyNot on the chart, default applies. Roughly $1,280,000 on projected income with 20% down$225,000
DentistryDental program. Roughly $990,000 on projected income with 20% down$175,000

How much home can you afford as a physician?

Year of training

A physician program could add

$0

to the home you can buy.

Regular bank on $85,564 today$0
Physician program on $225,000 projected$0

Estimate at 4.49%, stress tested at 6.49%, with 10% down, below the $1.5M insured limit.

Get started Open the full resident calculator

How projected income works.

Physician programs use a projected figure in place of your actual pay when your actual pay is lower. The figure depends on your stage of training, and in your final year it depends on your specialty. Dentists follow a separate dental program.

PGY-1 to PGY-2First and second year residents and fellows. Flat figure regardless of specialty.$185,000
PGY-3 and laterThird year and later residents and fellows. Flat figure regardless of specialty until the final year.$225,000
Final year, or within 36 months of completionFinal-year residents and fellows, and physicians newly in practice. Specialty chart below. Unlisted specialties default to $225,000.
More than 36 months in practiceEstablished physicians. Projected income no longer applies. Actual verified income is used.
The full schedule and rules

More for physicians.

How much can a physician qualify for
When actual income takes over from projected
Buying on a signed staff offer
Dentist mortgages in Canada
Buying during residency
Canadian residencies compared
Incorporated physicians
Mortgages by hospital
Mortgages by city

Run the numbers before you decide.

See all physician tools
Projected income calculatorYour stage, specialty and student debt
How much home can you afford?Your income, debts and down payment
Grade my mortgageAlready have one? Your rate against today’s physician rates
Jeff Mudrick
Emily Mudrick
Taylor Atkinson
Craig Austin
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Jeff, Emily, Taylor and Craig
Mortgage agents and brokers
Ontario, BC and Alberta

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Jeff Mudrick, Lic. #M21001275Emily Mudrick, Lic. #M26000497BRX Mortgage Inc., Lic. #13463Taylor Atkinson, Licence #MB600364Craig Austin, Lic. #M19001164, Tango Ontario, FSRA #13691
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