New Jersey Mortgage Calculator
Calculate your monthly mortgage payment using New Jersey's average home price and property tax rate. Pre-filled with current New Jersey data.
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Loan Details
$
0%50%
Estimated Monthly Payment
$3,993
Principal, Interest, Taxes, Insurance
Payment Breakdown
Principal & Interest$2,977
Property Tax (1.77%)$868
Homeowners Insurance$147
Total$3,993/mo
Loan Summary
Loan Amount$471,021
Total Interest Paid$600,761
Total Cost (P+I)$1,071,782
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New Jersey Mortgage Notes
The average home price in New Jersey is $588,776. This calculator uses New Jersey's average property tax rate of 1.77%.
The FHA loan limit in New Jersey is $472,030. If you're using the 3.5% FHA down payment option, ensure your loan amount stays within this limit.
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