Chandler Mortgage Calculator
Estimate your monthly mortgage payment in Chandler, AZ. On the local median home value of $515,000 — with a 20% down payment at today's rates — expect a total monthly payment (principal, interest, taxes, and insurance) of about $3,024. Adjust every input for your situation.
Monthly Breakdown
- Principal & Interest$2,604
- Property Tax$270
- Home Insurance$150
Amortization Schedule
| Year | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $31,249 | $4,605 | $26,644 | $407,395 |
| 2 | $31,249 | $4,913 | $26,336 | $402,482 |
| 3 | $31,249 | $5,242 | $26,007 | $397,239 |
| 4 | $31,249 | $5,594 | $25,656 | $391,645 |
| 5 | $31,249 | $5,968 | $25,281 | $385,677 |
| 6 | $31,249 | $6,368 | $24,882 | $379,309 |
| 7 | $31,249 | $6,794 | $24,455 | $372,515 |
| 8 | $31,249 | $7,249 | $24,000 | $365,266 |
| 9 | $31,249 | $7,735 | $23,515 | $357,531 |
| 10 | $31,249 | $8,253 | $22,996 | $349,278 |
| 11 | $31,249 | $8,806 | $22,444 | $340,472 |
| 12 | $31,249 | $9,395 | $21,854 | $331,077 |
| 13 | $31,249 | $10,025 | $21,225 | $321,052 |
| 14 | $31,249 | $10,696 | $20,553 | $310,356 |
| 15 | $31,249 | $11,412 | $19,837 | $298,944 |
| 16 | $31,249 | $12,177 | $19,073 | $286,767 |
| 17 | $31,249 | $12,992 | $18,257 | $273,775 |
| 18 | $31,249 | $13,862 | $17,387 | $259,913 |
| 19 | $31,249 | $14,791 | $16,459 | $245,122 |
| 20 | $31,249 | $15,781 | $15,468 | $229,341 |
| 21 | $31,249 | $16,838 | $14,411 | $212,503 |
| 22 | $31,249 | $17,966 | $13,284 | $194,537 |
| 23 | $31,249 | $19,169 | $12,081 | $175,368 |
| 24 | $31,249 | $20,453 | $10,797 | $154,916 |
| 25 | $31,249 | $21,822 | $9,427 | $133,093 |
| 26 | $31,249 | $23,284 | $7,966 | $109,809 |
| 27 | $31,249 | $24,843 | $6,406 | $84,966 |
| 28 | $31,249 | $26,507 | $4,742 | $58,459 |
| 29 | $31,249 | $28,282 | $2,967 | $30,176 |
| 30 | $31,249 | $30,176 | $1,073 | $0 |
Swipe the table sideways to see all columns →
How to use this calculator
The Home Price field is pre-filled with the median home value in Chandler (about $515,000). Override with your target home's actual price to get a payment estimate for that specific property.
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, override it for a more precise estimate.
Adjust the Down Payment slider to see how your payment changes. Below 20% down triggers PMI; the calculator adds it automatically and shows a warning.
Scroll down for the full PITI breakdown, monthly payment pie chart, and complete month-by-month amortization schedule.
How it works
Buying a median-priced home in Chandler. At $515,000 with a 20% down payment, you'd bring $103,000 to closing (plus closing costs) and take out a $412,000 mortgage. At a 6.50% interest rate on a 30-year fixed loan, your monthly principal + interest is roughly $2,604.
Annual costs on top of the loan. Arizona's average property tax rate is 0.63%, so a median-priced Chandler home generates approximately $3,245 in annual property tax (about $270/mo when paid through escrow). Homeowner's insurance in Arizona averages around $1,800/year.
Total monthly payment (PITI) on the median Chandler home works out to about $3,024 per month at current rates, assuming a 20% down payment and no HOA. If you're putting less than 20% down, add PMI to this — typically 0.5–1.5% of the loan balance per year.
Rates change; this is the math, not the offer. Mortgage rates fluctuate daily. Our default of 6.50% is a recent conventional 30-year benchmark — enter today's quoted rate from your lender for the most accurate payment estimate.
Frequently Asked Questions
Looking for a different city? Browse all cities. For Arizona-specific property taxes, see the Arizona Property Tax Calculator.