Scottsdale Mortgage Calculator
Estimate your monthly mortgage payment in Scottsdale, AZ. On the local median home value of $790,000 — with a 20% down payment at today's rates — expect a total monthly payment (principal, interest, taxes, and insurance) of about $4,559. Adjust every input for your situation.
Monthly Breakdown
- Principal & Interest$3,995
- Property Tax$415
- Home Insurance$150
Amortization Schedule
| Year | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $47,936 | $7,064 | $40,872 | $624,936 |
| 2 | $47,936 | $7,537 | $40,399 | $617,399 |
| 3 | $47,936 | $8,042 | $39,894 | $609,357 |
| 4 | $47,936 | $8,580 | $39,356 | $600,776 |
| 5 | $47,936 | $9,155 | $38,781 | $591,621 |
| 6 | $47,936 | $9,768 | $38,168 | $581,853 |
| 7 | $47,936 | $10,422 | $37,514 | $571,431 |
| 8 | $47,936 | $11,120 | $36,816 | $560,310 |
| 9 | $47,936 | $11,865 | $36,071 | $548,445 |
| 10 | $47,936 | $12,660 | $35,276 | $535,785 |
| 11 | $47,936 | $13,508 | $34,428 | $522,277 |
| 12 | $47,936 | $14,412 | $33,524 | $507,865 |
| 13 | $47,936 | $15,378 | $32,558 | $492,487 |
| 14 | $47,936 | $16,407 | $31,529 | $476,080 |
| 15 | $47,936 | $17,506 | $30,430 | $458,574 |
| 16 | $47,936 | $18,679 | $29,257 | $439,895 |
| 17 | $47,936 | $19,930 | $28,006 | $419,965 |
| 18 | $47,936 | $21,264 | $26,672 | $398,701 |
| 19 | $47,936 | $22,688 | $25,248 | $376,013 |
| 20 | $47,936 | $24,208 | $23,728 | $351,805 |
| 21 | $47,936 | $25,829 | $22,107 | $325,975 |
| 22 | $47,936 | $27,559 | $20,377 | $298,416 |
| 23 | $47,936 | $29,405 | $18,531 | $269,012 |
| 24 | $47,936 | $31,374 | $16,562 | $237,638 |
| 25 | $47,936 | $33,475 | $14,461 | $204,162 |
| 26 | $47,936 | $35,717 | $12,219 | $168,445 |
| 27 | $47,936 | $38,109 | $9,827 | $130,336 |
| 28 | $47,936 | $40,661 | $7,275 | $89,675 |
| 29 | $47,936 | $43,385 | $4,551 | $46,290 |
| 30 | $47,936 | $46,290 | $1,646 | $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 Scottsdale (about $790,000). 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 Scottsdale. At $790,000 with a 20% down payment, you'd bring $158,000 to closing (plus closing costs) and take out a $632,000 mortgage. At a 6.50% interest rate on a 30-year fixed loan, your monthly principal + interest is roughly $3,995.
Annual costs on top of the loan. Arizona's average property tax rate is 0.63%, so a median-priced Scottsdale home generates approximately $4,977 in annual property tax (about $415/mo when paid through escrow). Homeowner's insurance in Arizona averages around $1,800/year.
Total monthly payment (PITI) on the median Scottsdale home works out to about $4,559 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.