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Joseph ValentiThe Valenti Collection732-354-6492

Mortgage calculator

What will this home really cost each month?

Payment, New Jersey property taxes, insurance and PMI in one view. Then flip to affordability to turn your income into a price range.

20%

Sample rate shown. Your rate depends on credit, loan type and the day you lock.

Estimated monthly payment

$0

    • Loan amount$0
    • Est. cash to close (down + 2.5%)$0

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    Plus homes that fit this payment, and an intro to a trusted local lender if you want a real quote.

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    Mortgage questions

    What is included in the monthly payment?

    Principal and interest, property tax, homeowners insurance, HOA dues if any, and private mortgage insurance (PMI) when the down payment is under 20%.

    What property tax rate should I use in New Jersey?

    New Jersey's average effective property tax rate is a little over 2% of value, but it varies widely by town. Each town page and Joe's listing details give the actual annual taxes for a specific home.

    How much do I need for closing costs?

    This calculator estimates closing costs at 2.5% of the price. Actual costs depend on your lender, title insurance, attorney and prepaid taxes and insurance.

    How much house can I afford?

    Lenders commonly look for total housing costs near 28% of gross monthly income and total debts near 36%, though many loan programs allow more. Use the affordability tab, then talk with a lender for a pre-approval.