Mortgage affordability in Saint John
Monthly mortgage examples for Saint John, New Brunswick, using a 5.44% province-average rate assumption.
$400,000 home
$1,954/mo
Assumes 20% down and 25-year amortization.
$600,000 home
$2,930/mo
Assumes 20% down and 25-year amortization.
$800,000 home
$3,907/mo
Assumes 20% down and 25-year amortization.
Local affordability context
The local 1-bedroom rent baseline is $1,220 and monthly essentials are about $2,158 before mortgage-specific costs such as property tax, insurance, condo fees, and utilities.
Next steps
Run a full mortgage scenario or explore income and city costs.