New Brunswick land transfer tax calculator
New Brunswick's transfer tax is a flat 1% of the greater of price or assessed value. Estimate yours — there is no first-time buyer rebate.
New Brunswick purchase
Your land transfer tax
Rules checked: September 2026. Source: New Brunswick official source
About New Brunswick land transfer tax
New Brunswick charges a flat 1% on the greater of the purchase price and the property's assessed value — there are no brackets.
The tax is paid at closing, in cash, on top of your down payment, legal fees, title insurance and tax adjustments.
Worked example: a $450,000 home in New Brunswick
- Provincial tax: $4,500
Other Canadian provinces
- British Columbia land transfer tax
- Alberta land transfer tax
- Saskatchewan land transfer tax
- Manitoba land transfer tax
- Ontario land transfer tax
- Quebec land transfer tax
- Nova Scotia land transfer tax
- Prince Edward Island land transfer tax
- Newfoundland & Labrador land transfer tax
- Yukon land transfer tax
- Northwest Territories land transfer tax
- Nunavut land transfer tax
Related calculators
- Total closing costs — everything due in cash at closing, not just the transfer tax
- Down payment and CMHC premium
Rate source: New Brunswick official schedule, checked 2026-09-24. Confirm the figure with your real estate lawyer before relying on it for a real transaction.
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New Brunswick land transfer tax — common questions
- How much is land transfer tax in New Brunswick?
- New Brunswick charges a flat 1%. It is calculated on the greater of the purchase price and the assessed value, so a $500,000 home costs about $5,000.
- When do I pay New Brunswick land transfer tax?
- At closing, in cash, through your lawyer. It cannot be added to the mortgage or paid in instalments, which is why it is the closing cost that most often catches first-time buyers short — it has to be saved separately from the down payment.
- Can I add New Brunswick land transfer tax to my mortgage?
- No. It is due in cash on closing day, and lenders will not advance funds for it. Many will also ask you to prove you hold reserves for closing costs on top of your down payment before they approve the mortgage.
- Do I pay land transfer tax on a new build?
- Yes, on the purchase price, normally at final closing rather than when you sign the agreement. A new build may also carry GST or HST, which is a separate calculation with its own rebate — worth modelling together rather than one at a time.
- Does refinancing or renewing trigger land transfer tax?
- No. The tax applies to a transfer of title, not to the mortgage on it. Refinancing, renewing or switching lenders leaves ownership unchanged, so no transfer tax is owed — though a switch may carry registration or discharge fees.
- Where do these rates come from?
- From the official source linked on this page (https://laws.gnb.ca/en/document/cs/R-2.1), last checked 2026-09-24. Rates and rebate ceilings change with provincial budgets, so confirm the figure with your real estate lawyer before relying on it for an actual closing.