Phoenix, AZ mortgage calculator

Phoenix
Mortgage
Calculator

Phoenix is the nation's fifth-largest city and a top relocation destination, with a rapidly diversifying economy spanning semiconductors, finance, and logistics. Maricopa County's very low effective property tax rate is a meaningful affordability advantage relative to comparable fast-growing metros.

0.64% county property tax
Real local rates
No sign-up required
$
$
Interest rate6.48%
Monthly payment
$2,518
P&I · Taxes · Insurance
Total interest
$426,959
Principal & Interest$2,119/mo
Property Tax (0.64%)$224/mo
Homeowners Insurance$175/mo

Recommended for incomes above $110k/yr (28% DTI rule)

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0.64%
Phoenix area property tax rate
$420,000
Phoenix median home price
$2,518
est. monthly payment at defaults

Phoenix housing market

$420,000
Median home price
$65,000
Median household income
1,608,139
City population

The 0.64% property tax rate reflects the county-level effective rate for Phoenix and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Arizona average — county-level data produces more accurate monthly payment estimates for Phoenix buyers. Many Phoenix properties also carry HOA fees — the area average is approximately $200/month, which is not included in the calculator above.

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FAQ

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