Arizona Mortgage Calculator
Estimate your monthly mortgage payment in Arizona. On the state's median home value of $430,000, with a 20% down payment at today's rates, expect a total monthly payment (principal, interest, taxes, and insurance) around $2,550. Adjust every input for your situation.
Monthly Breakdown
- Principal & Interest$2,174
- Property Tax$226
- Home Insurance$150
Amortization Schedule
| Year | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $26,092 | $3,845 | $22,247 | $340,155 |
| 2 | $26,092 | $4,102 | $21,989 | $336,053 |
| 3 | $26,092 | $4,377 | $21,715 | $331,675 |
| 4 | $26,092 | $4,670 | $21,421 | $327,005 |
| 5 | $26,092 | $4,983 | $21,109 | $322,022 |
| 6 | $26,092 | $5,317 | $20,775 | $316,705 |
| 7 | $26,092 | $5,673 | $20,419 | $311,032 |
| 8 | $26,092 | $6,053 | $20,039 | $304,979 |
| 9 | $26,092 | $6,458 | $19,633 | $298,521 |
| 10 | $26,092 | $6,891 | $19,201 | $291,630 |
| 11 | $26,092 | $7,352 | $18,739 | $284,278 |
| 12 | $26,092 | $7,845 | $18,247 | $276,433 |
| 13 | $26,092 | $8,370 | $17,722 | $268,063 |
| 14 | $26,092 | $8,931 | $17,161 | $259,132 |
| 15 | $26,092 | $9,529 | $16,563 | $249,603 |
| 16 | $26,092 | $10,167 | $15,925 | $239,437 |
| 17 | $26,092 | $10,848 | $15,244 | $228,589 |
| 18 | $26,092 | $11,574 | $14,517 | $217,014 |
| 19 | $26,092 | $12,349 | $13,742 | $204,665 |
| 20 | $26,092 | $13,176 | $12,915 | $191,489 |
| 21 | $26,092 | $14,059 | $12,033 | $177,430 |
| 22 | $26,092 | $15,001 | $11,091 | $162,429 |
| 23 | $26,092 | $16,005 | $10,087 | $146,424 |
| 24 | $26,092 | $17,077 | $9,015 | $129,347 |
| 25 | $26,092 | $18,221 | $7,871 | $111,126 |
| 26 | $26,092 | $19,441 | $6,651 | $91,685 |
| 27 | $26,092 | $20,743 | $5,349 | $70,942 |
| 28 | $26,092 | $22,132 | $3,960 | $48,810 |
| 29 | $26,092 | $23,614 | $2,477 | $25,196 |
| 30 | $26,092 | $25,196 | $896 | $0 |
Swipe the table sideways to see all columns →
How to use it
A two-minute guide.
The Home Price field is pre-filled with Arizona's median home value (about $430,000). Override with your target home's actual price for a property-specific estimate.
The Property Tax Rate is pre-filled with Arizona's average effective rate of 0.63%. Within Arizona, rates vary by county — if you know your specific local rate from your county assessor or last tax bill, override it for a more precise estimate.
The Home Insurance default reflects Arizona's typical annual premium of approximately $1,800.
Adjust the Down Payment slider to compare scenarios. Below 20% down triggers PMI; the calculator adds it automatically and flags it.
How it works
The math behind the result.
The Arizona median home, in dollar terms. At $430,000 with a 20% down payment, you bring $86,000 to closing (plus closing costs) and take out a $344,000 mortgage. At today's 6.50% 30-year fixed rate, your monthly principal and interest is roughly $2,174.
Arizona's ongoing housing costs. The state's average property tax rate of 0.63% produces about $2,709 per year on a median-priced home — typically paid through escrow with your mortgage. Insurance averages $1,800/year in Arizona.
Total monthly payment (PITI) on the median Arizona home works out to about $2,550/month at current rates with 20% down and no HOA. Putting less down adds PMI; HOA dues add separately if your specific neighborhood requires them.
Your specific city matters. Median home prices vary widely within Arizona — major cities are usually 30-100% above the state median, rural areas can be well below. For city-specific calculators with local home prices pre-filled, use the city links below.
Questions
Frequently asked.
Want a more local estimate? See our city-specific Arizona mortgage calculators or check Arizona property tax rates.
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