Last updated
All Canada · New Brunswick (NB)
New Brunswick's MLS benchmark home price reached $330,300 in February 2026, up 5.2% year-over-year. Regional prices vary significantly — from $237,846 in northern New Brunswick to $405,583 in Greater Moncton. New Brunswick experienced rapid population-driven growth in Moncton and Fredericton in 2024–2025, but 2026 is seeing a shift toward buyer leverage with inventory up 4% and sales down 8.6%. Best 5-year fixed insured mortgage rates in New Brunswick follow the national market: 4.39% fixed and 3.60% variable as of November 9, 2026. First-time buyers qualify for a land transfer tax rebate of up to $2,000.
New Brunswick (NB): provincial LTT and rebates apply at closing — not in payment results. Defaults ~$330,300 / 20% down.
20.0% of home price
| Down | Down payment | CMHC | Monthly |
|---|---|---|---|
| 5% | $16,515 | $12,551 | $1,806.18 |
| 10% | $33,030 | $9,215 | $1,696.31 |
| 20% | $66,060 | — | $1,462.50 |
| 25% | $82,575 | — | $1,371.09 |
Canadian mortgages use nominal rates compounded semi-annually (converted to an effective annual rate, then to your payment frequency). Chart shows cumulative principal and interest paid each year; ending balance trends down toward zero.
Total interest paid
$174,509
Total amount paid
$438,749
Principal + interest on the loan
Interest vs purchase price
53%
of home price goes to interest (illustrative)
Same loan amount, rate, and amortization as above. Semi-monthly and bi-weekly match your monthly cash flow; accelerated bi-weekly uses half the monthly payment every two weeks (13 monthly equivalents per year).
| Frequency | Payment amount | Total interest | Payoff time | Savings vs monthly |
|---|---|---|---|---|
| Monthly | $1,462.50 | $174,509 | 25 years | — |
| Semi-monthly | $731.25 | $173,763 | 24 years 11 months | $746 |
| Bi-weekly | $675.00 | $173,706 | 25 years | $803 |
| Accelerated bi-weeklyRecommended | $731.25 | $148,044 | 21 years 8 months | $26,465 |
Savings vs monthly shown on wider screens.
| Year | Benchmark Price | Change YoY |
|---|---|---|
| 2024 | ~$295,000 | +9.6% |
| 2025 | ~$314,000 | +6.4% |
| Feb 2026 | $330,300 | +5.2% |
| Region | Average Price | Notes |
|---|---|---|
| Greater Moncton | $405,583 | Highest — fastest growing city |
| Fredericton | ~$340,000 | Capital city, strong demand |
| Saint John | ~$290,000 | Port city, more affordable |
| Northern NB | $237,846 | Most affordable region |
| Purchase Price | LTT Rate | Tax on Bracket |
|---|---|---|
| First $50,000 | 0.5% | Up to $250 |
| $50,001–$99,999 | 1.0% | Up to $500 |
| Above $100,000 | 1.5% | 1.5% on remainder |
On New Brunswick's benchmark home of $330,300, land transfer tax is approximately $3,665. First-time buyers qualify for a full rebate of up to $2,000, reducing net LTT to approximately $1,665. New Brunswick's land transfer tax is lower than Ontario's but higher than Alberta or Saskatchewan which have no LTT.
| Home Price | Minimum Down Payment | CMHC Insurance Required |
|---|---|---|
| Up to $500,000 | 5% ($16,515) | Yes |
| $500,001–$999,999 | 5% on first $500K + 10% on remainder | Yes |
| $1,000,000+ | 20% | No |
At New Brunswick's benchmark price of $330,300 with 5% down ($16,515), your insured mortgage is $313,785 plus CMHC premium (~$12,552), totalling approximately $326,337. At an example qualifying rate of 6.04% (a 4.04% contract rate + 2%), you need gross annual income of approximately $61,000–$71,000 to pass the stress test — among the most accessible thresholds of any Canadian province.
New Brunswick's MLS benchmark home price is $330,300 as of February 2026, up 5.2% year-over-year. Prices vary significantly by region — Greater Moncton averages $405,583 while northern New Brunswick averages $237,846. Moncton has been the fastest-growing market driven by interprovincial migration.
New Brunswick charges land transfer tax of 0.5% on the first $50,000, 1.0% on $50,001–$99,999, and 1.5% on amounts above $100,000. On a $330,300 home, LTT is approximately $3,665. First-time buyers qualify for a rebate of up to $2,000.
Yes. New Brunswick offers a land transfer tax rebate of up to $2,000 for first-time buyers. This reduces the net LTT on a $330,300 home from approximately $3,665 to $1,665. Federal programs including the FHSA and Home Buyers' Plan are also available.
Best 5-year fixed insured mortgage rates in New Brunswick follow the national market: 4.39% fixed and 3.60% variable as of November 9, 2026. New Brunswick buyers qualify for the same national mortgage rates as other Canadian provinces.
To afford New Brunswick's benchmark home of $330,300 with 5% down at an example rate of 4.04%, you need approximately $61,000–$71,000 in gross annual income to pass the mortgage stress test at 6.04% — one of the most accessible income thresholds in Canada.
New Brunswick's effective property tax rate is approximately 1.5%–2.0% of assessed value. On the benchmark home of $330,300, annual property taxes are approximately $4,955–$6,606. Property tax rates vary by municipality — Moncton and Fredericton rates differ from rural areas.
Educational estimates only. Not a lender pre-approval.