Free Tool
Arizona Mortgage Calculator
Estimate a real monthly payment: principal and interest plus the property taxes and insurance that Arizona payments actually include.
Why we don't post a rate board
Estimates only, for illustration. Taxes estimated at 1.1% of price annually and insurance at $1,400/year; actual figures vary by property, and this is not a loan offer or commitment to lend. Get exact numbers with a same-day personalized quote.
HERO and PACE financing (including Ygrene and similar programs) funds solar, HVAC, windows, and roofing through a special assessment on your property tax bill. The pitch was easy approval based on home equity rather than credit. The reality many California homeowners discovered later: interest rates well above mortgage rates, a lien that sits in first position ahead of your mortgage, tax bills that jumped by thousands, and buyers’ lenders that refuse the property until the assessment is gone.
Reading the number honestly
Three things the calculator cannot know. First, your rate: pricing depends on credit, loan type, and property, which is why the rate field is yours to test. See how credit moves your rate. Second, mortgage insurance: under 20% down adds PMI on conventional loans or MIP on FHA, typically tens to a few hundred dollars monthly. Third, HOA dues on condos and planned communities, which come straight off your qualifying budget.
Above $1,249,125 in Orange and LA County you are shopping jumbo, and self-employed buyers should test payments against bank statement qualification rather than assuming tax returns set the ceiling
Frequently asked questions
How accurate is this estimate?
Principal and interest are exact for the inputs you choose. Taxes and insurance are reasonable California averages; your actual property tax follows the purchase price and local assessments, and insurance varies by home and coverage. A Loan Estimate from a real quote replaces every assumption with your numbers.
Do jumbo loans always cost more than conforming?
How much should the payment be relative to my income?
Lenders generally allow total debts up to roughly 45 to 50% of gross income depending on the program, but qualifying maximum and comfortable are different numbers. Paul advice for two decades: pick the payment that lets you keep living your life, then find the home that fits it.
Talk it through with Paul
Get a straight answer about your scenario, usually in one conversation.
Paul Healey
Personal NMLS: 328365 Company: Spectrum One Mortgage Company NMLS: 332549