What will my total monthly payment be with taxes, insurance, HOA and PMI?
Your total monthly payment combines principal and interest on the loan, property tax, homeowners insurance, HOA fees if applicable, mortgage insurance if your down payment is less than 20 percent, and any CFD or SAID special assessments. Property tax in Arizona is around one percent of assessed value but varies by jurisdiction. Insurance depends on coverage, deductible, and home features. HOA fees are listed in property disclosures. A lender can give you a detailed loan estimate that breaks down all monthly costs based on the specific home and your financing.
Want the current number?
The site assistant can pull today's mortgage rates right now from the site's own data feeds and tell you the source and date. It is automated, and Jon reads every conversation that leaves contact details.
More on affordability and budgeting
- How much house can I afford?
- How much should I budget for maintenance and repairs each year?
- Should I pay off my car loan or student loans before buying a house?
- How much should I save besides the down payment?
- What are typical utility costs in Phoenix for electric, water, gas and trash?
- What is a good debt-to-income ratio for a mortgage?
Meet Jon Hegreness
Jon Hegreness
REALTOR / Associate Broker · Howe Realty
AZ License BR540940000
Full-time Phoenix North Valley REALTOR and Associate Broker with 24 years in Arizona residential real estate. A negotiator and problem solver who works the way you would want a friend in the business to work: direct, on your side, and steady through the parts that get complicated.