Maricopa County Mortgage Calculator
On the Maricopa County median home price of $415,000, a 20%-down, 30-year loan at today's 6.47% rate runs about $2,450/month — $2,092 principal & interest, $163 property tax at Maricopa County's 0.47% effective rate, and $195 homeowners insurance. That is about $3/month less than the Arizona state-average tax rate would cost on the same home. Enter your own price and down payment below.
$2,450 /mo
P&I: $2,092 · Tax: $163 · Insurance: $195
Loan amount: $332,000 · Total interest: $421,091
Yearly amortization schedule
| Year | Interest | Principal | PMI | Balance |
|---|---|---|---|---|
| 1 | $21,371 | $3,732 | — | $328,268 |
| 2 | $21,122 | $3,981 | — | $324,287 |
| 3 | $20,857 | $4,246 | — | $320,041 |
| 4 | $20,574 | $4,529 | — | $315,512 |
| 5 | $20,272 | $4,831 | — | $310,681 |
| 6 | $19,950 | $5,153 | — | $305,528 |
| 7 | $19,607 | $5,496 | — | $300,031 |
| 8 | $19,240 | $5,863 | — | $294,169 |
| 9 | $18,849 | $6,254 | — | $287,915 |
| 10 | $18,433 | $6,670 | — | $281,245 |
| 11 | $17,988 | $7,115 | — | $274,130 |
| 12 | $17,514 | $7,589 | — | $266,540 |
| 13 | $17,008 | $8,095 | — | $258,445 |
| 14 | $16,468 | $8,635 | — | $249,810 |
| 15 | $15,893 | $9,210 | — | $240,600 |
| 16 | $15,279 | $9,824 | — | $230,776 |
| 17 | $14,624 | $10,479 | — | $220,297 |
| 18 | $13,926 | $11,177 | — | $209,120 |
| 19 | $13,181 | $11,922 | — | $197,197 |
| 20 | $12,386 | $12,717 | — | $184,480 |
| 21 | $11,538 | $13,565 | — | $170,915 |
| 22 | $10,634 | $14,469 | — | $156,447 |
| 23 | $9,670 | $15,433 | — | $141,013 |
| 24 | $8,641 | $16,462 | — | $124,551 |
| 25 | $7,544 | $17,559 | — | $106,992 |
| 26 | $6,373 | $18,730 | — | $88,262 |
| 27 | $5,125 | $19,978 | — | $68,285 |
| 28 | $3,793 | $21,310 | — | $46,975 |
| 29 | $2,373 | $22,730 | — | $24,245 |
| 30 | $858 | $24,245 | — | $0 |
Rates: Freddie Mac PMMS (wk 2026-06-18). Property tax: Tax Foundation. Insurance: Insurance.com. PMI applies when your down payment is under 20% (LTV > 80%). You can request cancellation at 80% LTV; the servicer must auto-terminate it at 78% (Homeowners Protection Act). How we calculate →
Monthly payment breakdown for a Maricopa County home
At the Maricopa County median home price of $415,000, a conventional 30-year loan at 6.47% with 20% down splits into: $2,092 principal & interest, $163 property tax, and $195 homeowners insurance — a total PITI of $2,450/month.
The property tax line uses Maricopa County's real effective rate of 0.47% (median tax bill of $1,965 on a median home value of $414,700, US Census ACS), not a generic national average — so this figure reflects what Maricopa County actually charges, before any local exemption.
Maricopa County vs the Arizona state average property tax rate
Maricopa County's 0.47% effective property tax rate is below Arizona's 0.48% state average. On the same $415,000 home, that difference works out to $3/month less in the tax line of the mortgage payment compared with paying the Arizona average rate instead of Maricopa County's.
Property tax is set locally — by the county, city and school district — so the state average is only a rough guide. Two otherwise identical Arizona homes in different counties can carry meaningfully different monthly payments purely because of where the tax rate lands.
What the Maricopa County median buys vs a $400,000 national budget
A $400,000 home taxed at Maricopa County's 0.47% rate and insured at Arizona's average would run about $2,368/month — $81 less than the Maricopa County county median payment of $2,450/month, since Maricopa County's median home price ($415,000) is $15,000 above the $400,000 reference used elsewhere on this site.
In other words, price — not tax rate — usually drives the biggest gap between a Maricopa County payment and a generic national estimate. Use the calculator above to swap in your own target price.
PMI in Maricopa County if you put down less than 20%
Putting 10% down instead of 20% on the same $415,000 Maricopa County home adds private mortgage insurance (PMI) of about $249/month, bringing the total payment to roughly $2,960/month instead of $2,450. PMI is required on conventional loans below 20% down and cancels automatically once your loan balance reaches 78% of the original price.
Maricopa County mortgage — frequently asked questions
How much is a mortgage payment in Maricopa County?
On the Maricopa County median home price of $415,000, a 20%-down 30-year loan at 6.47% runs about $2,450/month total (principal, interest, property tax and insurance).
What is the property tax on the median home in Maricopa County?
Maricopa County's effective property tax rate is 0.47%, which works out to about $163/month ($1,950/year) on the $415,000 county median home value.
How does Maricopa County property tax compare to the rest of Arizona?
Maricopa County's 0.47% effective rate is below the Arizona state average of 0.48%, a difference of about $3/month on a $415,000 home.
What income do I need to afford a home in Maricopa County?
Using the common 28%-of-gross-income guideline against the $2,450/month PITI payment on the Maricopa County median home, that implies a gross annual income of roughly $104,991.
How much does PMI cost in Maricopa County with less than 20% down?
Putting 10% down on the $415,000 Maricopa County median home adds about $249/month in PMI, for a total payment near $2,960/month instead of $2,450.
What's included in a Maricopa County mortgage payment?
PITI: principal and interest together $2,092, property tax $163 at Maricopa County's 0.47% rate, and homeowners insurance $195 at the Arizona state average — no HOA dues assumed unless you add them above.
More Arizona counties in this pilot
Arizona mortgage calculator · Maricopa County property tax deep-dive — the full county-by-county property tax breakdown behind this payment estimate.
Mortgage calculators in other pilot counties
Researched & verified by the Calcuris Data & Research Team. How we build and check our tools →