CALCMONEY // MORTGAGE // AZ // MESA
Calculate your monthly mortgage payment using Mesa-specific property tax rates and local market data.
$390,000
6.9%
0.68%
102
| Principal & Interest | $2,055 |
| Property Tax | $221 |
| Homeowners Insurance (est.) | $130 |
| Total Monthly Payment (PITI) | $2,406 |
$78,000
$427,740
$103,107/yr
The median home price in Mesa is $390,000, near the national median of $420,000. With a median household income of $65,000, the price-to-income ratio is 6.0x — meaning buyers typically spend 6.0 years of gross income on the purchase price.
Property taxes in Mesa run 0.68% of assessed value. On the median home, that is $2,652 per year, or $221 per month added to your mortgage payment. This is well below the national average of 1.1%, giving Mesa homeowners a meaningful property tax advantage.
Arizona has a state income tax. Factor your take-home pay into how much mortgage you can comfortably carry each month.
The cost of living index in Mesa is 102 (national average = 100). Day-to-day expenses beyond housing are close to the national average.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $312,000 loan saves $14,040 in interest over 30 years.
Compare Top Mesa Mortgage Lenders