How to use the New Brunswick mortgage calculator
Mortgage rates in New Brunswick
The mortgage rates that are charged in New Brunswick vary substantially by province and territory. The most current New Brunswick mortgage rates are the best ones to use when calculating your expected mortgage payment.
Land transfer tax (LTT) in New Brunswick
When purchasing property in New Brunswick a substantial cost to consider is the land transfer tax that will be charged to transfer the land from the seller to the buyer. It is recommended to understand how land transfer tax is charged in New Brunswick which can be shown on our New Brunswick land transfer tax calculator.
Mortgage affordability in New Brunswick
With the high cost of home prices in New Brunswick, purchasing a home in New Brunswick can prove to be difficult. You can use our New Brunswick mortgage affordability calculator to see how much home you can afford in New Brunswick.
Amortization period
30-year amortization periods are available with a down payment that is less than 20% if you are a first-time homebuyer or purchasing a new build home. For all other cases where the down payment is less than 20% the amortization period is 25-years. If your down payment is more than 20% these maximum periods are set by the lender.
