Not financial advice. Mortgage FV Calculator is a software calculator, not a personal-finance product or advisory service. It computes standard financial functions and displays the results for your convenience. Nothing here constitutes, or is intended to constitute, financial, investment, tax, legal, mortgage, credit, or insurance advice. Always consult a qualified professional before making any financial decision.
Tucson mortgage calculator
A median-priced Tucson, AZ home at 6.75% over 30 years, with Arizona property tax of 0.62% and $1,700 a year of homeowners insurance. Every figure below is computed on our amortising engine — nothing is estimated in the browser.
$2,349 a month, all in
Principal and interest are $1,904; escrow and PMI add the rest. Over the full term the loan costs $391,976 in interest. Discounted at 5%, buying here has a net present value of $85,397 ($309,931 in today’s dollars).
Within Arizona, Tucson is the cheapest of the 7 Arizona markets covered here — Scottsdale runs about 2.33x these prices. Buyers priced out of the expensive end of the state often end up comparing exactly this pair.
Tucson is cheaper than Arizona as a whole — $326,250 against a state median of $435,000, roughly 25% below. On a 20% deposit that is $21,750 less to find up front.
Rents here are high relative to prices — a rent index of 0.85 against a price index of 0.75. That combination favours buying sooner, because the payment you avoid is larger relative to the price you pay.
Monthly cost in Tucson vs comparable rent
Owning is stacked by component; renting is the local median asking rent.
The monthly breakdown
| Median home price | $326,250 |
|---|---|
| Down payment (10%) | $32,625 |
| Loan amount | $293,625 |
| Principal & interest | $1,904/mo |
| Property tax (0.62%) | $169/mo |
| Homeowners insurance | $142/mo |
| PMI while above 80% LTV | $135/mo |
| Total monthly payment | $2,349/mo |
| Comparable rent | $1,573/mo |
What a rate move does to the Tucson payment
| Rate | Principal & interest |
|---|---|
| 5.5% | $1,667/mo |
| 6% | $1,760/mo |
| 6.5% | $1,856/mo |
| 7% | $1,953/mo |
| 7.5% | $2,053/mo |
| 8% | $2,155/mo |
Rent or buy in Tucson?
Against $1,573 a month in rent, over 7 years renting leaves you about $34,093 better off — $28,681 once 2.5% inflation is stripped out. See the Arizona rent-vs-buy page.
Where these numbers come from
Arizona medians come from editorial and are refreshed weekly. The Tucson figures index those state medians to the local market, so they track the same feed rather than going stale. Insurance and the state income tax rate are editorial. Treat everything here as a planning estimate, not a quote.