How ophthalmologists earn.
Ophthalmologists combine surgical and clinic fee-for-service billing, often with strong margins, and almost all attendings incorporate. Income is among the highest in medicine.
The numbers, with sources.
Nothing on this page is a guess. The projected income comes from the program chart, the qualification figures are computed from it with the same ratios a lender applies, and the income data comes from public reporting.
What matters for your mortgage.
Incorporation and your qualification.
Ophthalmology corporations hold significant income beyond the T4 salary drawn. Corporate-income programs read corporate revenue and dividends, typically lifting capacity by 50-80% or more.
Ophthalmology mortgage questions.
How much mortgage can an ophthalmologist qualify for in Canada?01
On the physician program's projected income of $379,000 for ophthalmologists in the final year of training and the first 36 months of practice, the debt-service ratios allow roughly $2,170,000 with 20% down and no student debt, or about $1,770,000 with 10% down and $150,000 of student debt. Established ophthalmologists qualify on actual income, and incorporated ophthalmologists on corporate income, which is usually higher.
Why do ophthalmologists qualify for such large mortgages?02
Ophthalmology has one of the highest projected attending incomes in medicine, and almost all attendings incorporate. Corporate-income qualification captures that high income, supporting large, often conventional, purchases.
Prices and payment examples are estimates for planning only. Your actual numbers depend on income, down payment, debt, credit, location, and current lender pricing.