How to calculate your monthly mortgage payment

The Arizona mortgage amortization calculator determines your monthly payment based on the term of the loan (for example, 30 years). Enter the loan value and current Arizona Mortgage Rates into the table below and hit the ‘Calculate’ button.

Tax rates vary from state to state and county to county. In Arizona, 1.0% is good estimate to use in the ‘Tax Rate’ field below. To get the exact taxes for a property in Arizona, visit the County Assessor website and enter the property address or parcel number.

The ‘Insurance Rate’ can be used for both mortgage insurance and homeowners insurance. Mortgage insurance costs apply to all FHA loans and conventional loans where less than 20% down payment is applied at the time of purchase.