Home / Chandler, AZ
Mortgage Calculator — Chandler, AZ
Median home price in Chandler: $470,000. Monthly payment: $2,502/month (20% down, 7%, 30yr). Property tax rate: 0.61%.
= $94,000
Monthly Payment
$2,502
Loan Amount
$376,000
Total Interest
$524,553
Total Cost
$994,553
Payment Breakdown
Down Payment$94,000 (9.5%)
Principal$376,000 (37.8%)
Total Interest$524,553 (52.7%)
Chandler Mortgage Payments by Rate
| Rate | 15-Year | 30-Year | Total Interest (30yr) |
|---|---|---|---|
| 5.5% | $3,072 | $2,135 | $392,559 |
| 6% | $3,173 | $2,254 | $435,552 |
| 6.5% | $3,275 | $2,377 | $479,567 |
| 6.75% | $3,327 | $2,439 | $501,942 |
| 7% | $3,380 | $2,502 | $524,553 |
| 7.25% | $3,432 | $2,565 | $547,394 |
| 7.5% | $3,486 | $2,629 | $570,457 |
| 8% | $3,593 | $2,759 | $617,224 |
Chandler Property Tax & Total Housing Cost
Property Tax Rate
0.61%
$2,867/year
Monthly P&I
$2,502
20% down, 7%, 30yr
Est. Total Monthly
$2,740
P&I + property tax
Affordability in Chandler
10% down ($47,000)$130,849/yr needed
15% down ($70,500)$124,149/yr needed
20% down ($94,000)$117,448/yr needed
25% down ($117,500)$110,747/yr needed
Based on 28% housing cost rule. Includes property tax.