Compare Current Bergen, New Jersey Mortgage Rates

Compare Bergen, NJ mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Bergen.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Bergen. Plus, shopping lenders is free and there is no obligation.

Bergen, NJ Mortgage Rates as of December 1, 2022
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees & Points
  • Contact
Data provided by Icanbuy. Payments do not include amounts for taxes and insurance premiums. Read through our lender table disclaimer for more information on rates and product details.


Compare Today's Bergen, NJ Mortgage Rates

December 1, 2022

Current mortgage rates in Bergen, NJ are % for a 30 year fixed rate loan, % for a 15 year fixed loan and % for a 5/1 adjustable rate mortgage (ARM)

Mortgage Program
Bergen, NJ Rates
30 Year Fixed Rate
15 Year Fixed Rate
5/1 Adjustable Rate Mortgage

How Affordable is Housing in Bergen, New Jersey?

Below we provide helpful information on the real estate market, home prices and housing affordability in Bergen. Understand how much you need to earn to afford a home in Bergen, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Bergen fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Bergen is right for you.

The median home value for Bergen, NJ is $582,829

Based on current mortgage rates and a 10% down payment, you need to make $95,494 per year to buy the median priced home in Bergen

With this income, you could qualify for a $524,546 mortgage, assuming your monthly debt expense is reasonable

Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Bergen is $2,211

The median household income for Bergen, NJ is $117,628

Based on this income, you can afford a home valued at approximately $717,919

The home price you can afford to buy based on household income in Bergen is 123% of the median home value which means housing prices are average. Bergen ranks 16 out of 21 counties in New Jersey and 2,864 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Bergen, NJ is average


Loan Limits for Bergen, New Jersey

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Bergen below.

Conforming loan limits for Bergen, NJ

1 unit: $970,800
2 units: $1,243,050
3 units: $1,502,475
4 units: $1,867,275

FHA loan limits for Bergen, NJ

1 unit: $970,800
2 units: $1,243,050
3 units: $1,502,475
4 units: $1,867,275

VA loan limits for Bergen, NJ

1 unit: $970,800

Additional Mortgage Resources for Bergen, NJ Residents

Mortgage Rates for New Jersey Cities

Atlantic City Mortgage Rates

Bergen Mortgage Rates

Burlington Mortgage Rates

Camden Mortgage Rates

Jersey City Mortgage Rates

Lakewood Mortgage Rates

Monmouth Mortgage Rates

Morris Mortgage Rates

New Brunswick Mortgage Rates

Newark Mortgage Rates

Ocean City Mortgage Rates

Passaic Mortgage Rates

Raritan Mortgage Rates

Somerset Mortgage Rates

Sussex Mortgage Rates

Trenton Mortgage Rates

Union Mortgage Rates

Vineland Mortgage Rates

Warren Mortgage Rates

Washington Township Mortgage Rates