Conventional Loan Calculator — Arizona
In Arizona, one-unit loans up to $832,750 are conforming. With 10% down on the typical $418,000 home, the $376,200 loan carries estimated PMI of 0.72% ($226/mo), which drops off after about 9 years once the balance reaches 80% of the price.
Arizona has the 4th-lowest effective property tax rate of the 50 states at 0.48% — $1,797 less a year than the 0.91% state average on a $418,000 home. Homeowners insurance averages $2,344 a year, the 25th-lowest premium nationally and $376 less than the typical state.
Loan Parameters
Total Monthly Payment
$3,099
Principal & Interest + Taxes + Insurance
APR 7.488%
Total Interest
$527,565
Total Cost
$1,056,848
Advanced Parameters
Private Mortgage Insurance (PMI)
Your down payment is below 20%. PMI is estimated at 0.72% annually and is removed here when your LTV reaches 80%.
Loan Summary
Payoff Date
Sep 2056
Interest / Principal
1.40x
Mortgage Insurance Ends
Feb 2035
50% Equity
Jul 2048
Amortization Schedule
| Period | Payment | Principal | Interest | PMI | Balance | Equity |
|---|---|---|---|---|---|---|
| Year 1 | $30,125 | $3,799 | $26,326 | $2,709 | $372,401 | $45,599 |
| Year 2 | $30,125 | $4,075 | $26,050 | $2,709 | $368,325 | $49,675 |
| Year 3 | $30,125 | $4,371 | $25,754 | $2,709 | $363,954 | $54,046 |
| Year 4 | $30,125 | $4,689 | $25,437 | $2,709 | $359,266 | $58,734 |
| Year 5 | $30,125 | $5,029 | $25,096 | $2,709 | $354,237 | $63,763 |
| Year 6 | $30,125 | $5,394 | $24,731 | $2,709 | $348,842 | $69,158 |
| Year 7 | $30,125 | $5,786 | $24,340 | $2,709 | $343,057 | $74,944 |
| Year 8 | $30,125 | $6,206 | $23,919 | $2,709 | $336,851 | $81,149 |
| Year 9 | $30,125 | $6,657 | $23,469 | $903 | $330,194 | $87,806 |
| Year 10 | $30,125 | $7,140 | $22,986 | — | $323,054 | $94,946 |
| Year 11 | $30,125 | $7,658 | $22,467 | — | $315,396 | $102,604 |
| Year 12 | $30,125 | $8,214 | $21,911 | — | $307,181 | $110,819 |
| Year 13 | $30,125 | $8,811 | $21,315 | — | $298,371 | $119,629 |
| Year 14 | $30,125 | $9,451 | $20,675 | — | $288,920 | $129,080 |
| Year 15 | $30,125 | $10,137 | $19,989 | — | $278,783 | $139,217 |
| Year 16 | $30,125 | $10,873 | $19,253 | — | $267,910 | $150,090 |
| Year 17 | $30,125 | $11,662 | $18,463 | — | $256,248 | $161,752 |
| Year 18 | $30,125 | $12,509 | $17,616 | — | $243,739 | $174,261 |
| Year 19 | $30,125 | $13,417 | $16,708 | — | $230,321 | $187,679 |
| Year 20 | $30,125 | $14,392 | $15,734 | — | $215,930 | $202,070 |
| Year 21 | $30,125 | $15,437 | $14,689 | — | $200,493 | $217,507 |
| Year 22 | $30,125 | $16,557 | $13,568 | — | $183,936 | $234,064 |
| Year 23 | $30,125 | $17,760 | $12,366 | — | $166,176 | $251,824 |
| Year 24 | $30,125 | $19,049 | $11,076 | — | $147,127 | $270,873 |
| Year 25 | $30,125 | $20,432 | $9,693 | — | $126,694 | $291,306 |
| Year 26 | $30,125 | $21,916 | $8,209 | — | $104,778 | $313,222 |
| Year 27 | $30,125 | $23,507 | $6,618 | — | $81,271 | $336,729 |
| Year 28 | $30,125 | $25,214 | $4,911 | — | $56,057 | $361,943 |
| Year 29 | $30,125 | $27,045 | $3,080 | — | $29,012 | $388,988 |
| Year 30 | $30,128 | $29,012 | $1,117 | — | $0 | $418,000 |
Conventional Loan numbers for Arizona
- Typical Arizona home value
- $418,000
- 10% down ($41,800) · Zillow, August 31, 2026
- Loan amount
- $376,200
- conforming in all 15 Arizona counties
- Estimated monthly payment
- $3,099
- APR 7.488%
- Arizona property tax
- 0.48%
- $167/mo
- Homeowners insurance
- $2,344/yr
- $195/mo
- Arizona conforming limit
- $832,750
- Above this, the loan is jumbo
- PMI
- 0.72% · $226/mo
- Drops off after 9 years
How much house can you afford in Arizona with a conventional loan?
Highest price where principal, interest, Arizona property tax, insurance and PMI stay within 28% of gross income —10% down, 30-year fixed at 7.03%. Other debts lower these numbers.
| Household income | Housing budget / mo | Max home price | Down payment | vs typical home |
|---|---|---|---|---|
| $50,000 | $1,167 | $139,000 | $13,900 | 33% |
| $75,000 | $1,750 | $223,000 | $22,300 | 53% |
| $100,000 | $2,333 | $307,000 | $30,700 | 73% |
| $125,000 | $2,917 | $391,000 | $39,100 | 94% |
| $150,000 | $3,500 | $475,000 | $47,500 | 114% |
| $200,000 | $4,667 | $643,000 | $64,300 | 154% |
| $250,000 | $5,833 | $811,000 | $81,100 | 194% |
Conventional vs other loan types in Arizona
$418,000 home, each program's typical minimum or default down payment, current average 30-year rate.
| Loan type | Down | Loan amount | Upfront fee | Monthly MI | Total / month | APR |
|---|---|---|---|---|---|---|
| Conventional | 10% · $41,800 | $376,200 | — | $226 PMI | $3,099 | 7.488% |
| FHA | 3.5% · $14,630 | $410,429 | UFMIP $7,059 | $187 MIP | $3,289 | 7.761% |
| VA | 0% · $0 | $426,987 | Funding fee $8,987 | $0 | $3,212 | 7.242% |
| JumboLoan is conforming (≤ $832,750) | 20% · $83,600 | $334,400 | — | $0 | $2,594 | 7.030% |
Frequently asked questions
What is the monthly payment on a $418,000 home with a conventional loan in Arizona?
Estimated $3,099 per month ($2,510 principal & interest, $167 property tax, $195 insurance, $226 PMI) at 7.03% for 30 years, with 10% down. APR 7.488%.
How much is PMI on a Arizona conventional loan?
At 90% loan-to-value, PMI is estimated at 0.72% a year ($226/mo). It can be removed once the balance reaches 80% of the home's original value.
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Data sources & assumptions
- Freddie Mac Primary Mortgage Market Survey (PMMS) — Weekly average as of September 24, 2026
- Zillow Home Value Index (ZHVI), typical home value, all homes — Default home prices; typical value as of August 31, 2026
- FHFA 2026 Conforming Loan Limit Values (one-unit) — 2026 one-unit limits, 56 states & territories
- Effective statewide property tax rate (Tax Foundation, 2026 projections) — Statewide effective rate; county rates vary
- Average annual homeowners premium, $300K dwelling / $1K deductible (industry survey averages) — Statewide average premium
- CFPB — What is private mortgage insurance?
- Homeowners Protection Act (PMI cancellation at 78–80% LTV)
Estimates exclude lender origination fees, points and closing costs. See our methodology for formulas and limitations.