Mortgage Rates in North Bergen, New Jersey — March 2026
Updated March 2026 | Based on North Bergen market data and regional lending conditions
North Bergen is a growing city in New Jersey with a population of 63,484. The current 30-year fixed mortgage rate in North Bergen is 6.89%, which is 0.24% above the national average. With a median home price of $425,000 and a 20% down payment of $85,000, homebuyers can expect a monthly principal and interest payment of approximately $2,237.
Current Mortgage Rates in North Bergen, NJ
Below are the current average mortgage rates available in the North Bergen area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.89% | 6.65% | +0.24% |
| 15-Year Fixed | 6.1% | 5.89% | +0.21% |
| 5/1 ARM | 6.33% | 6.15% | +0.18% |
| FHA | 6.57% | 6.25% | +0.32% |
| VA | 6.32% | 6.05% | +0.27% |
| Jumbo | 7.14% | 6.85% | +0.29% |
North Bergen Housing Market Overview
The North Bergen housing market reflects moderate demand with prices near the national average. The median household income in North Bergen is $77,900, and the cost of living index is 118 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $129,257 to comfortably afford the median-priced home in North Bergen, which exceeds the current median household income.
Monthly Payment Breakdown for North Bergen
Based on the median home price of $425,000 with 20% down ($85,000), here is what you can expect to pay monthly in North Bergen:
15-Year vs. 30-Year Mortgage in North Bergen
Choosing a 15-year mortgage in North Bergen at 6.1% instead of a 30-year at 6.89% would save you $285,480 in total interest over the life of the loan. However, your monthly payment would be $2,888 instead of $2,237 — an increase of $651 per month.
Calculate Your North Bergen Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in North Bergen
What are the current mortgage rates in North Bergen, NJ?
As of March 2026, the average 30-year fixed mortgage rate in North Bergen, New Jersey is 6.89%, while the 15-year fixed rate is 6.1%. FHA loans average 6.57% and VA loans 6.32%. These rates are 0.24% above the national average of 6.65%.
How much is a monthly mortgage payment in North Bergen?
Based on the median home price of $425,000 with 20% down, the estimated monthly mortgage payment in North Bergen is $2,237 for principal and interest. Including property taxes of $779/month, the total monthly housing cost is approximately $3,016.
What income do I need to buy a home in North Bergen?
Using the 28% rule, you would need an annual income of approximately $129,257 to afford the median-priced home in North Bergen at $425,000. The median household income in North Bergen is $77,900. This means most households would need to either earn above the median or consider homes below $425,000.
Is North Bergen a good place to buy a home in 2026?
North Bergen has a moderate cost of living with a cost of living index of 118 (national average = 100). The property tax rate in New Jersey is 2.2%, which is above the national average. North Bergen has a population of 63,484 and offers a balanced lifestyle.
Mortgage Rates in Other New Jersey Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the North Bergen, New Jersey area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.