Current Avg. Rates: 6.46% 30-yr fixed|5.77% 15-yr fixed
Source: Freddie Mac Primary Mortgage Market Survey
Source: Freddie Mac Primary Mortgage Market Survey
New Jersey Mortgage Calculator
Calculate your estimated mortgage payment for a home in New Jersey. Pre-filled with New Jersey's average home price of $470,000, property tax rate of 2.47%, and typical insurance costs.
$470,000
Avg. Home Price
2.47%
Property Tax Rate
$1,400
Avg. Annual Insurance
Your Monthly Payment (PITI)
-
Principal + Interest + Tax + Insurance
Monthly Breakdown
-
Property Tax
-
Insurance
Loan Overview
-
Total Interest
-
Payoff Date
Bi-Weekly Option
? Pay half your monthly payment every two weeks — you'll make 26 half-payments (13 full payments) per year instead of 12
-
Bi-Weekly Payment
-
Total Interest
-
Payoff Date
New Jersey Mortgage at a Glance
| Average home price | $470,000 |
| Property tax rate | 2.47% ($11,609/year) |
| Average insurance | $1,400/year |
| Est. monthly PITI | $3,461 (20% down, 6.5%) |
| Total interest (30yr) | $479,567 |
| Income needed (28% rule) | $148,314/year |
New Jersey has the highest property tax rate in the US at 2.47% — on a $470K home, that’s $11,600/year or nearly $970/month added to your payment.
New Jersey Cities
Browse by State
Alabama
Arizona
California
Colorado
Connecticut
Florida
Georgia
Illinois
Indiana
Maryland
Massachusetts
Michigan
Minnesota
Missouri
Nevada
New Jersey
New York
North Carolina
Ohio
Oregon
Pennsylvania
Tennessee
Texas
Utah
Virginia
Washington
Alaska
Arkansas
Delaware
Hawaii
Idaho
Iowa
Kansas
Kentucky
Louisiana
Maine
Mississippi
Montana
Nebraska
New Hampshire
New Mexico
North Dakota
Oklahoma
Rhode Island
South Carolina
South Dakota
Vermont
West Virginia
Wisconsin
Wyoming
Washington D.C.