Calculate using real Phoenix data. Median home price: $380,000. Property tax rate: 0.62%.
The median home price in Phoenix, AZ is $380,000. With a 20% down payment, you would need $76,000 down and finance $304,000.
Based on the median home price of $380,000 with 20% down at a 6.5% rate, the estimated monthly payment (principal & interest) is approximately $1,921.
The median household income in Phoenix, AZ is $62,055, which impacts how much home you can afford.