Tool
Monthly cost calculator
Home price, mortgage, property tax and NJ Transit pass in one monthly number. Town figures are prefilled and sourced.
Monthly cost estimate
Enter a home price to see the estimate.
- Loan amount
- Principal and interest
- Property tax (per month)
- NJ Transit pass
Assumptions
- Rate 7.24%: Freddie Mac Primary Mortgage Market Survey (PMMS), Updated October 2026.
- Down payment 20%: Site assumption, not a market statistic.
- Term 30 years: Matches PMMS 30-year fixed product.
- Property tax = home price × the town's 2025 effective tax rate (percent of market value, from the Division of Taxation). Your actual bill depends on your home's assessment.
- Not included: homeowner insurance, utilities, maintenance, HOA fees. Results are estimates.