Arizona Mortgage Calculator
Estimate the monthly PITI payment on a Arizona home. Preseeded with the state’s 0.51% effective property-tax rate, $1,600 average annual insurance, and $420,000 median home price.
Loan Parameters
$
$
Percentage
20.0 %
Loan Term
Advanced Options
$
Monthly Payment (PITI)
$2,576
- Principal & Interest
- $2,124
- Property Taxes
- $179
- Home Insurance
- $133
- PMI
- $140
Total Interest
$428,549
Total Cost
$876,809
Payoff Year
2056
Arizona Property Tax, Insurance & Home Prices
- Effective property-tax rate
- 0.51%
- Avg annual insurance
- $1,600
- Median home price
- $420,000
Statewide averages, last reviewed May 2026. Actual rates and premiums vary significantly by county, city, and parcel — see the notes below.
Notable Arizona Rules
Arizona uses a Limited Property Value system that caps annual assessment increases at 5%, which functions like a milder version of California's Prop 13. Residential properties enjoy a lower assessment ratio (10%) than commercial, keeping effective rates low.
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Frequently Asked Questions
- Arizona's statewide effective property-tax rate is approximately 0.51% of home value (last reviewed May 2026). Actual county- and city-level rates vary; check your specific parcel before budgeting.