Arizona Mortgage Guide
Complete Arizona mortgage guide with median home prices, property tax rates, denial rates, and down payment assistance programs for 2026.
In Arizona, the median home price is $423,136 and median household income is $77,315. The mortgage denial rate for home purchases is 8.74% according to 2025 HMDA data. 2 down payment assistance programs are available, including Home Plus (Up to 4% of the loan amount toward down payment and closing costs, available statewide; forgivable after 5 years.).
Arizona at a Glance
Median prices based on 2025 FHFA data. Income from 2024 Census ACS. Denial rates from 2025 HMDA data.
Mortgage Calculator for Arizona
Estimate your monthly payment with the interactive Arizona mortgage calculator. Includes property taxes, mortgage insurance, and down payment assistance programs.
Open Calculator →Mortgage Denial Rates in Arizona
In 2025 Home Mortgage Disclosure Act (HMDA) data for home purchases, Arizona logged 133,774 final-action applications. The mortgage denial rate was 8.74% and the originated share was 71.04%.
These figures show aggregated market outcomes, not an individual buyer's approval odds. Use these figures as context, not a prediction.
Down Payment Assistance Programs in Arizona
Home Plus
Arizona IDA
Up to 4% of the loan amount toward down payment and closing costs, available statewide; forgivable after 5 years.
Arizona Is Home
Arizona IDA / ADOH
Up to 4% of the loan amount for first-time homebuyers at or below 120% AMI; forgivable second mortgage in Maricopa and Pima Counties.
Arizona County Calculators
These calculators use local tax and benefit data for each county.
Denial: 10.34% · Tax: 0.63% · 1 DPA programs
Denial: 8.19% · Tax: 0.61% · 1 DPA programs
Denial: 8.12% · Tax: 1.02% · 1 DPA programs
Denial: 8.88% · Tax: 0.84% · 1 DPA programs
Denial: 8.72% · Tax: 0.60% · 1 DPA programs
Arizona City Calculators
These calculators include local taxes, closing costs, and assistance programs for each city.
Arizona Mortgage FAQ
What is the median home price in Arizona?
The median home price in Arizona is approximately $423,000 as of 2025, based on FHFA housing price index data.
Does Arizona have down payment assistance programs?
Yes. Arizona offers several DPA programs including Home Plus (up to 4% of loan amount), Arizona Is Home (up to 4% for first-time buyers), and Home in Five Advantage (up to 6% in Maricopa County).
What is the mortgage denial rate in Arizona?
The statewide mortgage denial rate for home purchases in Arizona is 8.74% based on 2025 HMDA data, below the national average.
How do Arizona property taxes compare to other states?
Arizona has relatively low property taxes. The combined state and local property tax rate averages around 0.62%, well below the national average of approximately 1.1%.