Mesa, AZ variant. This is a Mesa, AZ-specific version of the Mortgage Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Mortgage Calculator.
Mesa's $425,000 median home and 0.59% property tax make for a distinctive mortgage payment. High-cost metros front-load the principal-and-interest portion.
Mortgage payment in Mesa
On the $425,000 median home with 20% down ($85,000), you'd finance $340,000. At 6.5% over 30 years, P&I ≈ $2,149/month.
Add Mesa's 0.59% property tax (≈ $209/month) plus insurance for the all-in payment.
About Mesa, AZ
Mesa applies Arizona state and local sales taxes, with a moderate overall tax burden.
Mesa's home prices have risen with the broader Phoenix metro and now sit above the national average.
Mesa is part of the greater Phoenix metropolitan area, with a cost of living somewhat above the national average.
Worked example: $425,000 Mesa home
Loan $340,000 at 6.5% for 30 years → $2,149/mo P&I. Property tax ≈ $209/mo. Total before insurance ≈ $2,358/mo.
Quick reference
- Median home value: $425,000
- Median rent: $1,700/mo
- Median household income: $78,700
- Local sales tax: 8.3%
- Effective property tax rate: 0.59%
- Cost of living index: 105 (US avg = 100)
Frequently Asked Questions
How much is a mortgage in Mesa?
About $2,149/month P&I on the $425,000 median home with 20% down at 6.5%.
What is the property tax rate in Mesa?
About 0.59% of home value per year.