Tucson, AZ variant. This is a Tucson, 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.
Tucson's $305,000 median home and 0.79% property tax make for a distinctive mortgage payment. High-cost metros front-load the principal-and-interest portion.
Mortgage payment in Tucson
On the $305,000 median home with 20% down ($61,000), you'd finance $244,000. At 6.5% over 30 years, P&I ≈ $1,542/month.
Add Tucson's 0.79% property tax (≈ $201/month) plus insurance for the all-in payment.
About Tucson, AZ
Tucson applies Arizona state and local sales taxes, while its overall cost burden stays relatively modest.
Tucson offers moderate home prices for the Southwest.
Tucson's economy is shaped heavily by the University of Arizona along with aerospace and defense, with a below-average cost of living.
Worked example: $305,000 Tucson home
Loan $244,000 at 6.5% for 30 years → $1,542/mo P&I. Property tax ≈ $201/mo. Total before insurance ≈ $1,743/mo.
Quick reference
- Median home value: $305,000
- Median rent: $1,400/mo
- Median household income: $55,378
- Local sales tax: 8.7%
- Effective property tax rate: 0.79%
- Cost of living index: 92 (US avg = 100)
Frequently Asked Questions
How much is a mortgage in Tucson?
About $1,542/month P&I on the $305,000 median home with 20% down at 6.5%.
What is the property tax rate in Tucson?
About 0.79% of home value per year.