Arizona mortgage calculator with property tax and insurance
Median home price in Arizona: $450,000. Effective property tax 0.62%/yr, homeowners insurance ≈ $1,700/yr. Rates updated Oct 8, 2026.
Payment by loan term
| Term | P&I | All-in | Total interest |
|---|---|---|---|
| 10 yr | $4,273 | $4,647 | $152,792 |
| 15 yr | $3,337 | $3,711 | $240,704 |
| 20 yr | $2,900 | $3,274 | $336,033 |
| 30 yr | $2,517 | $2,891 | $546,182 |
Adjust the numbers
Monthly breakdown
Total interest $546,182 · total PMI $0 · paid off in 30 years
Compare loan terms
| Term | Monthly (P&I) | Total monthly | Total interest |
|---|---|---|---|
| 10 years | $4,273 | $4,647 | $152,792 |
| 15 years | $3,337 | $3,711 | $240,704 |
| 20 years | $2,900 | $3,274 | $336,033 |
| 30 years | $2,517 | $2,891 | $546,182 |
Amortization schedule
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 1 | $26,887 | $3,319 | $356,681 |
| 2 | $26,630 | $3,576 | $353,105 |
| 3 | $26,352 | $3,854 | $349,251 |
| 4 | $26,053 | $4,153 | $345,098 |
| 5 | $25,731 | $4,475 | $340,623 |
| 6 | $25,383 | $4,823 | $335,800 |
| 7 | $25,009 | $5,197 | $330,603 |
| 8 | $24,605 | $5,601 | $325,002 |
| 9 | $24,170 | $6,036 | $318,966 |
| 10 | $23,702 | $6,504 | $312,462 |
| 11 | $23,197 | $7,009 | $305,453 |
| 12 | $22,653 | $7,553 | $297,900 |
| 13 | $22,066 | $8,140 | $289,760 |
| 14 | $21,435 | $8,772 | $280,988 |
| 15 | $20,754 | $9,452 | $271,536 |
| 16 | $20,020 | $10,186 | $261,350 |
| 17 | $19,229 | $10,977 | $250,373 |
| 18 | $18,377 | $11,829 | $238,543 |
| 19 | $17,458 | $12,748 | $225,796 |
| 20 | $16,469 | $13,737 | $212,059 |
| 21 | $15,402 | $14,804 | $197,255 |
| 22 | $14,253 | $15,953 | $181,302 |
| 23 | $13,015 | $17,191 | $164,111 |
| 24 | $11,680 | $18,526 | $145,584 |
| 25 | $10,242 | $19,964 | $125,620 |
| 26 | $8,692 | $21,514 | $104,106 |
| 27 | $7,022 | $23,184 | $80,922 |
| 28 | $5,222 | $24,984 | $55,938 |
| 29 | $3,282 | $26,924 | $29,014 |
| 30 | $1,192 | $29,014 | $0 |
Showing 360 payments. Schedule assumes a fixed rate and constant home value for PMI cancellation.
Down payment scenarios in Arizona
| Down | Cash needed | PMI | Monthly |
|---|---|---|---|
| 3% | $13,500 | $200 | $3,626 |
| 5% | $22,500 | $196 | $3,559 |
| 10% | $45,000 | $186 | $3,392 |
| 15% | $67,500 | $175 | $3,224 |
| 20% | $90,000 | $0 | $2,891 |
| 25% | $112,500 | $0 | $2,734 |
Around the Arizona median price
| Home price | P&I | All-in monthly |
|---|---|---|
| $340,000 | $1,902 | $2,219 |
| $450,000 | $2,517 | $2,891 |
| $565,000 | $3,160 | $3,594 |
| $675,000 | $3,776 | $4,266 |
Detailed payment examples
FAQ
What is the average property tax rate in Arizona?
Arizona's effective property tax rate is about 0.62% of home value per year, which is $233 per month on a $450,000 home. Rates vary by county and by exemptions, so treat this as a planning estimate.
How much is homeowners insurance in Arizona?
A typical Arizona policy runs around $1,700 per year ($142 per month). Coastal and hail-prone areas can be significantly higher.
Is a $450,000 home affordable in Arizona?
At 7.50% with 20% down, the estimated all-in payment is $2,891 per month. Using the 28% rule that implies a household income near $124,000 per year before other debts.