What is the average mortgage rate in New Brunswick, Canada?

The current 5-year fixed mortgage rate in New Brunswick is approximately 4.31%, and the variable rate is approximately 3.62% (Bank of Canada data, as of Apr 16, 2026). Rates vary by lender, term, and whether you require CMHC insurance.

Do I need CMHC insurance when buying a home in New Brunswick?

CMHC mortgage default insurance is required in New Brunswick when your down payment is less than 20% of the purchase price. Premiums range from 2.80% to 4.00% of the insured loan amount and are added to your mortgage balance — not paid at closing.

What is the stress test rate for mortgages in Canada?

Under OSFI Guideline B-20, all Canadian mortgage applicants must qualify at the higher of their contract rate plus 2%, or 5.25%. With a 5.24% contract rate, the qualifying rate is approximately 7.24%.

Hypothèque — New Brunswick, Canada

Q: What is the land transfer tax in New Brunswick?

New Brunswick charges a Land Transfer Tax of 1.0% of the greater of the purchase price or assessed value. This is one of the lower rates in Canada and is straightforward to calculate.

Pre-filled with New Brunswick's average home price of C$300000, property tax of C$2400/year, and a 5-year fixed rate of 4.31%. Adjust any value below.

OSFI Stress Test: You must qualify at 7.24% (contract rate + 2%) under Canada's mortgage stress test rules. This calculator shows your actual payment — your lender will verify you can afford the stress-test rate.

Reference Rates

5-yr Fixed 4.31% Variable 3.62% Prime Rate 4.46% BoC Rate 2.2649%

Apr 16, 2026 · Bank of Canada

1 Détails de l'Hypothèque

Prix de la Propriété

Mise de Fonds

Montant Hypothécaire

Calculé automatiquement —

Taux d'Intérêt (live 5-yr fixed 4.31%)

Période d'Amortissement

2 Coûts Mensuels (New Brunswick averages pre-filled)

Taxe Municipale ((annuelle)) ~0.8% in NB

Assurance Habitation ((annuelle))

Frais de Copropriété (mensuel, si applicable)

Inclure l'Assurance SCHL

Obligatoire si mise de fonds < 20 %

Versement Mensuel Estimé

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Capital et Intérêts

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Taxe Municipale

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Assurance Habitation

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Frais de Copropriété

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Total des Intérêts

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Coût Total

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Capital + intérêts

Montant Hypothécaire

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Montant financé

Mise de Fonds

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Du prix de la propriété

Répartition du Versement Mensuel

Évolution du Solde Hypothécaire

Comparaison des Taux

Comment votre versement évolue selon le taux

Scénario de Taux	Versement C+I	Total Intérêts
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Tableau d'Amortissement

Détail mensuel complet

Mois	Année	Versement	Capital	Intérêts	Solde Restant

New Brunswick Marché Immobilier

New Brunswick has seen significant price increases since 2020, driven by remote-worker relocation from larger cities. Moncton has emerged as a strong growth market. Despite appreciation, the province remains among Canada's most affordable for homebuyers.

Prix Moyen du Logement C$300000

Taux de Taxe Foncière Effectif ~0.8%

Taxe Foncière Annuelle Moy. C$2400

Assurance Annuelle Moy. C$1200

Taux du Test de Résistance ~7.24%

Acheter en New Brunswick

New Brunswick offers strong value for money, particularly for buyers relocating from expensive markets. A C$300,000 average price means monthly payments are very manageable at current rates, even with 5–10% down payment scenarios.

Taxe de Bienvenue

New Brunswick charges a Land Transfer Tax of 1.0% of the greater of the purchase price or assessed value. This is one of the lower rates in Canada and is straightforward to calculate.

Assurance Hypothécaire SCHL

CMHC insurance applies to insured purchases. New Brunswick's relatively low prices mean first-time buyers can enter the market with a 5% down payment and reasonable insurance premiums.

Marchés Clés

Moncton Saint John Fredericton Dieppe Riverview

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