Garden State Homeowner?
Calculate your HELOC costs with adjustments for NJ-specific recording fees and local market rates.
NJ HELOC Calculator
New Jersey homeowners face unique costs, including county recording fees that can vary by location. This calculator helps you estimate your total HELOC payment and upfront costs specifically for NJ properties.
Estimate NJ HELOC Costs
Est. Monthly Payment
$547
Interest Only
Est. Upfront Costs
$600
Recording + Appraisal
Frequently Asked Questions
Are HELOC rates higher in NJ?
HELOC rates in New Jersey are generally competitive with the national average, but they can vary slightly depending on local competition among lenders. Your credit score is a bigger factor than your location.
What is the NJ Recording Fee?
When you open a HELOC, a mortgage lien is recorded against your property. New Jersey counties charge a fee to record this document, typically ranging from $100 to $200 depending on the number of pages and the specific county.
Is there a mortgage recording tax in NJ?
New Jersey does not have a "mortgage recording tax" like New York, but there are standard recording fees. This makes closing costs in NJ generally lower than in NY.