Estimate your full monthly payment — principal, interest, Arizona property tax, insurance, HOA, and PMI — with a complete amortization schedule.
Estimate only. Actual rates, taxes, and insurance vary by lender, county, and property. Confirm property tax with your county assessor.
An Arizona mortgage payment has the same four parts as anywhere — principal, interest, taxes, and insurance (PITI) — but Arizona's low property tax and complete absence of a transfer tax meaningfully change the math in buyers' favor.
This is one of Arizona's biggest hidden advantages. After voters passed Proposition 100 in 2008, the Arizona Constitution permanently bans any real estate transfer, sales, or deed tax. On a $420,000 home, buyers in transfer-tax states can pay $1,500–$5,000+ at closing for this alone. In Arizona it's a flat $2 affidavit fee. Factor that saving into your closing budget.
Owner-occupied homes are Class 3 property, assessed at 10% of the limited property value. The county then applies combined primary and secondary tax rates (schools, county, special districts). The net effective rate lands around 0.48%–0.51% of market value — well below the ~1.02% national median. The typical Arizona homeowner pays about $1,800 a year, usually escrowed into the monthly payment.
| County | Approx. Effective Rate | Tax on a $420k Home |
|---|---|---|
| Maricopa (Phoenix) | ~0.49% | ~$2,060 |
| Pima (Tucson) | ~0.78% | ~$3,280 |
| Pinal | ~0.66% | ~$2,770 |
| Yavapai | ~0.50% | ~$2,100 |
| Coconino (Flagstaff) | ~0.52% | ~$2,180 |
| Mohave | ~0.54% | ~$2,270 |
Rates are approximate and change yearly — verify with your county assessor. Adjust the property-tax field above to match your county.
Put less than 20% down on a conventional loan and you'll pay private mortgage insurance — typically 0.3%–1.0% of the loan per year (this calculator uses 0.5%). PMI ends automatically at 22% equity. FHA loans charge a separate mortgage insurance premium that often lasts the life of the loan unless you refinance.
Interest is the largest lifetime cost of a mortgage. Adding even a small extra principal payment each month shortens the loan and saves thousands. Enter an extra payment above to see your new payoff date and total interest saved.