Down payment%
≈ $89,216 down
Interest rate6.70%
Loan term30 yrs
Ongoing housing costs
Estimated total
$2,303/mo
$
High risk100%
When is this due?
New Jersey is one of the pricier states in the country - a Bureau of Economic Analysis regional price index of 108.8 against the 100 national average, about 9% higher overall - which is exactly what the starting home price below is adjusted for, instead of a flat national default.
New Jersey taxes income at graduated rates up to about 10.75% for top earners.
That makes it the 4th most expensive state in the country by this measure, out of 51 - worth knowing before assuming a national-average mortgage payment applies here.
Cost of living comparison
Enter your ZIP code above to see how New Jersey compares to where you live now.
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