Tucson, AZ mortgage & affordability calculator

The typical home in Tucson, AZ is worth about $360,000. With 20% down that's a loan near $288,000 — the calculator is pre-filled with that figure. Tucson is a more affordable alternative to Phoenix, drawing retirees and remote workers. Low property taxes and moderate insurance keep the payment close to the loan's principal and interest.

$1,869.88 / month

Total interest
$385,154
Total paid
$673,154
Payoff
30.0 years
Balance over YearBalance ends near $0 at 30.$0$72k$144k$216k$288k0612182430Year

How much you need to earn

Tucson, AZ's median household income is about $61,000 a year. Under standard 28/36 lending rules that supports a home price around $242,963 with 20% down — below the $360,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.

$243,000 max home price

Max loan amount
$171,000
Housing payment budget
$1,423
P&I budget
$1,110
Bound by
front-end ratio

Uses the 28% front-end / 36% back-end DTI guidelines. Lenders vary.

Typical asking rent in Tucson, AZ is about $1,300 a month, so owning the median home costs roughly $883 more per month before tax effects, maintenance, and any change in home value.

Frequently asked questions

What is a typical mortgage payment in Tucson, AZ?
On the metro's roughly $360,000 typical home with 20% down, the loan is about $288,000. Principal and interest run near $1,870 a month at today's rate, and Tucson, AZ's property tax plus insurance add about $313, for a full payment near $2,183.
Can I afford a home in Tucson, AZ on the median income?
The median household income is about $61,000 a year. Under standard 28/36 lending rules that supports a home price around $242,963 with 20% down — below the $360,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Tucson, AZ?
Typical asking rent is about $1,300 a month. The full owner payment on a median home is near $2,183, so owning costs roughly $883 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Tucson, AZ?
The effective property tax rate in the core county is about 0.60% of market value — roughly $2,160 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Tucson, AZ rising or falling?
Home values are up about 3% over the past year. Tucson is a more affordable alternative to Phoenix, drawing retirees and remote workers. Low property taxes and moderate insurance keep the payment close to the loan's principal and interest.

Nearby metros

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