Mortgage Rates in Bergenfield, New Jersey — March 2026
Updated March 2026 | Based on Bergenfield market data and regional lending conditions
Bergenfield is a growing city in New Jersey with a population of 27,852. The current 30-year fixed mortgage rate in Bergenfield is 6.87%, which is 0.22% above the national average. With a median home price of $416,000 and a 20% down payment of $83,200, homebuyers can expect a monthly principal and interest payment of approximately $2,185.
Current Mortgage Rates in Bergenfield, NJ
Below are the current average mortgage rates available in the Bergenfield area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.87% | 6.65% | +0.22% |
| 15-Year Fixed | 6.09% | 5.89% | +0.2% |
| 5/1 ARM | 6.32% | 6.15% | +0.17% |
| FHA | 6.56% | 6.25% | +0.31% |
| VA | 6.31% | 6.05% | +0.26% |
| Jumbo | 7.12% | 6.85% | +0.27% |
Bergenfield Housing Market Overview
The Bergenfield housing market reflects moderate demand with prices near the national average. The median household income in Bergenfield is $77,500, and the cost of living index is 125.8 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $128,571 to comfortably afford the median-priced home in Bergenfield, which exceeds the current median household income.
Monthly Payment Breakdown for Bergenfield
Based on the median home price of $416,000 with 20% down ($83,200), here is what you can expect to pay monthly in Bergenfield:
15-Year vs. 30-Year Mortgage in Bergenfield
Choosing a 15-year mortgage in Bergenfield at 6.09% instead of a 30-year at 6.87% would save you $278,100 in total interest over the life of the loan. However, your monthly payment would be $2,825 instead of $2,185 — an increase of $640 per month.
Calculate Your Bergenfield Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Bergenfield
What are the current mortgage rates in Bergenfield, NJ?
As of March 2026, the average 30-year fixed mortgage rate in Bergenfield, New Jersey is 6.87%, while the 15-year fixed rate is 6.09%. FHA loans average 6.56% and VA loans 6.31%. These rates are 0.22% above the national average of 6.65%.
How much is a monthly mortgage payment in Bergenfield?
Based on the median home price of $416,000 with 20% down, the estimated monthly mortgage payment in Bergenfield is $2,185 for principal and interest. Including property taxes of $815/month, the total monthly housing cost is approximately $3,000.
What income do I need to buy a home in Bergenfield?
Using the 28% rule, you would need an annual income of approximately $128,571 to afford the median-priced home in Bergenfield at $416,000. The median household income in Bergenfield is $77,500. This means most households would need to either earn above the median or consider homes below $416,000.
Is Bergenfield a good place to buy a home in 2026?
Bergenfield has a higher cost of living than average with a cost of living index of 125.8 (national average = 100). The property tax rate in New Jersey is 2.35%, which is above the national average. Bergenfield has a population of 27,852 and offers a balanced lifestyle.
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Bergenfield, New Jersey area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.