Maricopa County FHA Loan Calculator

Adjust the sliders to model your loan in real time. We have prefilled this page with local benchmark averages for Maricopa County, Arizona based on real HMDA transaction records.

Loan Details

US County (Smart Autofill)

Loan Type

Maricopa County, AZ Benchmarks

FHA averages

Typical Property Value$425,084

Average Down Payment8.3%

Average Interest Rate5.798%

Effective Tax Rate0.44%

Median Tax Paid$1,983/yr

Tax Growth (Historical)-2.1%

Based on 19,437 regional loans totaling $7,432,465,000 (HMDA database).

Home Price

Down Payment

$35,282 down · $389,802 financed

Interest Rate

Loan Term

yrs

Extra Monthly Principal

Paid directly to principal

Mortgage Start Date

Payoff estimated June 2056

Local & Recurring Costs

Property Tax Rate

$156 / month

Home Insurance

Annual premium

HOA Dues

Per month

PMI Rate

$165 / month

Estimated Monthly Payment

$2,798/mo

Principal & Interest$2,327
Property Tax$156
Home Insurance$150
FHA MIP$165

Amortization · Remaining Balance

Financed Loan Amount

$396,624

Total Interest

$441,169

Total of Payments

$837,792

*Includes financed FHA Upfront MIP of $6,822

Local Market Insights

Maricopa County FHA Mortgage Overview

Maricopa County FHA buyers leverage a low 8.28% down payment on a $425,084 average property, offering accessible entry despite mandatory MIP for the loan's life. The 91.72% LTV and 100% owner-occupancy confirm this is a primary residence market. With an effective 0.44% property tax rate and a -2.1% inflation-adjusted decrease, monthly affordability is enhanced. Combined with a 5.798% interest rate, this FHA loan with PMI and taxes in Maricopa County, AZ, suits buyers seeking lower upfront costs, though MIP is permanent.

Disclaimer: This calculator provides estimates for educational purposes only and does not constitute a loan offer or financial advice. Actual rates, taxes, insurance, and fees will vary.