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| Rate | APR(1) | Points | Monthly Payment per $1,000 borrowed | |
|---|---|---|---|---|
| 30 Year Fixed Rate | 6.500% | 6.559% | 0 | 360 payments of $6.32 |
| 20 Year Fixed Rate | 6.250% | 6.326% | 0 | 240 payments of $7.31 |
| 15 Year Fixed Rate | 6.125% | 6.221% | 0 | 180 payments of $8.51 |
| 30 Year Fixed Rate Affordable Mortgage(2) | 5.625% | 5.680% | 0 | 360 payments of $5.76 |
Our user-friendly mortgage calculators will help you make smart decisions during the mortgage process.
(1) APR denotes "Annual Percentage Rate". Quoted rates and APR's based on a $400,000 loan amount, purchase/owner-occupied single family primary residence located in New Jersey, 25% down payment or 75% loan-to-value (LTV), and minimum credit score 780. Payments do not include real estate taxes, insurance, or Private Mortgage Insurance (PMI) for down payments that are less than 20% of the purchase price, therefore actual payment obligations will be greater. Quoted rates include a 60 day rate lock. Maximum loan amount for a conforming loan is $806,500. Properties must be located in the Northfield Bank NJ and NY Lending Territory (New Jersey Counties: all counties; New York Counties: Bronx, Kings, Manhattan, Nassau, Orange, Queens, Richmond, Rockland, Suffolk and Westchester.). Other terms and conditions may apply.
(2) Affordable Mortgage Program available for Residential First Mortgage loans for owner-occupied primary 1 to 2-family residences for those in Hunterdon, Mercer, Middlesex, and Union counties in New Jersey and Richmond and Kings counties in New York and either: (a.) are purchasing or refinancing a home in a low or moderate-income (LMI) census tract OR (b.) whose income is less than 80% of the county median income. Refer to the Income Chart or speak with a mortgage team member to learn more.
All loans are subject to credit approval.
Discount points are a one-time fee paid at closing to a lender in exchange for a lower interest rate.
A Fixed Rate Mortgage is a mortgage that may have a fixed principal and interest payment up to a maximum of 30 years or 360 payments.
Rates and terms are current as 01/13/25 and are subject to change at anytime without prior notice.
