Phoenix, AZ (Metro) - Trend of Mortgage Payments: 20% Down - All Homes - Smoothed and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Mortgage Payments with 20% down for all homes in the Phoenix, AZ Metro in February 2026 was $2,151.301. The month over month percentage change (MoM) was -0.47%, and the year over year percentage change (YoY) was -10.21%.

The chart below shows the trend of the mortgage payments with 20% down for all homes in the Phoenix, AZ metro. The table below shows the trend of the the mortgage payments with 20% down, and the MoM and YoY percentage changes for all homes in the Phoenix, AZ metro.

You can see similar information for other US metros, and for the United States.

Note: The Mortgage Payment value is an estimate of the monthly mortgage payment on a new home purchase with the average interest rate of that month. The home value is estimated using smoothed and seasonally adjusted ZHVI. If the down payment is less than 20%, the monthly mortgage payment includes 1% mortgage insurance.

Data Source: Zillow.
Phoenix, AZ (Metro) - Trend of Mortgage Payments: 20% Down - All Homes - Smoothed and Seasonally Adjusted ($)
Phoenix, AZ (Metro) - Trend of Mortgage Payments: 20% Down - All Homes - Smoothed and Seasonally Adjusted
1 – 10 of 134
Month Mortgage Payment ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 759.4962700834565 -2.02 -4.96
Feb 2015 766.1945670091142 0.88 -3.53
Mar 2015 775.9348825735593 1.27 -3.67
Apr 2015 771.3126027912451 -0.60 -4.73
May 2015 793.1286140535159 2.83 -0.67
Jun 2015 812.9921133948906 2.50 2.01
Jul 2015 825.7907911998125 1.57 3.91
Aug 2015 818.5440903475555 -0.88 3.07
Sep 2015 824.6467389973749 0.75 3.08
Oct 2015 823.1219135528169 -0.18 4.37
Nov 2015 846.0143048328251 2.78 7.59
Dec 2015 855.7374997306711 1.15 10.39
Jan 2016 854.9556275037096 -0.09 12.57
Feb 2016 840.6523138809509 -1.67 9.72
Mar 2016 849.907697638453 1.10 9.53
Apr 2016 844.0405662860609 -0.69 9.43
May 2016 846.6763900007953 0.31 6.75
Jun 2016 847.014547034023 0.04 4.18
Jul 2016 837.325312681263 -1.14 1.40
Aug 2016 840.029592216877 0.32 2.63
Sep 2016 846.9376334379083 0.82 2.70
Oct 2016 852.2549850287203 0.63 3.54
Nov 2016 888.7701009582145 4.29 5.05
Dec 2016 940.2271819042787 5.79 9.87
Jan 2017 939.0760886155728 -0.12 9.84
Feb 2017 946.010978920068 0.74 12.53
Mar 2017 954.9107884190535 0.94 12.36
Apr 2017 943.7060753682788 -1.17 11.81
May 2017 945.4598239339056 0.19 11.67
Jun 2017 938.9909756917853 -0.68 10.86
Jul 2017 951.682592483446 1.35 13.66
Aug 2017 947.1285269631659 -0.48 12.75
Sep 2017 944.008810083806 -0.33 11.46
Oct 2017 960.1847367622113 1.71 12.66
Nov 2017 968.1489926535869 0.83 8.93
Dec 2017 976.2529870014018 0.84 3.83
Jan 2018 992.1054047717492 1.62 5.65
Feb 2018 1035.6042726986977 4.39 9.47
Mar 2018 1057.459346942073 2.11 10.74
Apr 2018 1066.8210389593742 0.89 13.05
May 2018 1088.8981244827128 2.07 15.17
Jun 2018 1094.1516775042267 0.48 16.52
Jul 2018 1097.4853370154722 0.31 15.32
Aug 2018 1108.3041804304355 0.99 17.02
Sep 2018 1125.9695897995034 1.59 19.27
Oct 2018 1158.865949404084 2.92 20.69
Nov 2018 1169.2881159650328 0.90 20.78
Dec 2018 1143.5638059267471 -2.20 17.14
Jan 2019 1126.0585016967805 -1.53 13.50
Feb 2019 1119.965194961059 -0.54 8.15
Mar 2019 1111.9405804981022 -0.72 5.15
Apr 2019 1100.408102802333 -1.04 3.15
May 2019 1094.410447810475 -0.55 0.51
Jun 2019 1062.5900478638553 -2.91 -2.88
Jul 2019 1060.878178800615 -0.16 -3.34
Aug 2019 1045.792811309713 -1.42 -5.64
Sep 2019 1049.6876148442811 0.37 -6.77
Oct 2019 1067.2069320573228 1.67 -7.91
Nov 2019 1076.0569764483473 0.83 -7.97
Dec 2019 1087.5690296204593 1.07 -4.90
Jan 2020 1085.101046400549 -0.23 -3.64
Feb 2020 1075.4994827481573 -0.88 -3.97
Mar 2020 1086.9075960310654 1.06 -2.25
Apr 2020 1079.2543159181334 -0.70 -1.92
May 2020 1077.320124777795 -0.18 -1.56
Jun 2020 1073.0193192027511 -0.40 0.98
Jul 2020 1058.7355461954069 -1.33 -0.20
Aug 2020 1057.3001318236968 -0.14 1.10
Sep 2020 1066.312193352505 0.85 1.58
Oct 2020 1076.5967099486377 0.96 0.88
Nov 2020 1086.5523183677797 0.93 0.98
Dec 2020 1093.9755917665254 0.68 0.59
Jan 2021 1120.0428992308837 2.38 3.22
Feb 2021 1151.094530607215 2.77 7.03
Mar 2021 1216.963577653011 5.72 11.97
Apr 2021 1242.5258392686085 2.10 15.13
May 2021 1261.5277562352105 1.53 17.10
Jun 2021 1301.2617038690248 3.15 21.27
Jul 2021 1320.4607441300777 1.48 24.72
Aug 2021 1348.6032119142512 2.13 27.55
Sep 2021 1386.084135615424 2.78 29.99
Oct 2021 1441.2010669902188 3.98 33.87
Nov 2021 1464.9499047874376 1.65 34.83
Dec 2021 1492.8022066310868 1.90 36.46
Jan 2022 1584.0202655964347 6.11 41.43
Feb 2022 1676.6254841130653 5.85 45.66
Mar 2022 1799.8247721882215 7.35 47.90
Apr 2022 2024.7090861387042 12.50 62.95
May 2022 2129.0593823987283 5.15 68.77
Jun 2022 2239.1540101657747 5.17 72.08
Jul 2022 2231.389692413435 -0.35 68.99
Aug 2022 2178.5260955823023 -2.37 61.54
Sep 2022 2370.605414420699 8.82 71.03
Oct 2022 2531.6467953421466 6.79 75.66
Nov 2022 2463.073048506076 -2.71 68.13
Dec 2022 2311.742784216939 -6.14 54.86
Jan 2023 2249.691481866438 -2.68 42.02
Feb 2023 2215.2025656671844 -1.53 32.12
Mar 2023 2264.2028781818326 2.21 25.80
Apr 2023 2210.2582148885854 -2.38 9.16
May 2023 2231.607756800835 0.97 4.82
Jun 2023 2308.23859435378 3.43 3.09
Jul 2023 2351.6343193952093 1.88 5.39
Aug 2023 2422.938756106453 3.03 11.22
Sep 2023 2467.414778310728 1.84 4.08
Oct 2023 2583.417549761162 4.70 2.05
Nov 2023 2547.979094512083 -1.37 3.45
Dec 2023 2397.206532537799 -5.92 3.70
Jan 2024 2357.0490165054357 -1.67 4.77
Feb 2024 2392.660725279406 1.51 8.01
Mar 2024 2411.100283817426 0.77 6.49
Apr 2024 2462.724477547576 2.14 11.42
May 2024 2486.406515858808 0.96 11.42
Jun 2024 2451.2822731662227 -1.41 6.20
Jul 2024 2430.2803359560476 -0.86 3.34
Aug 2024 2338.872070828109 -3.76 -3.47
Sep 2024 2256.7416628272176 -3.51 -8.54
Oct 2024 2312.78387868657 2.48 -10.48
Nov 2024 2401.4605966984564 3.83 -5.75
Dec 2024 2376.7651948771977 -1.03 -0.85
Jan 2025 2431.7968696005446 2.32 3.17
Feb 2025 2395.9225297163125 -1.47 0.14
Mar 2025 2338.1872387973317 -2.41 -3.02
Apr 2025 2345.8975860463247 0.33 -4.74
May 2025 2357.3953073369366 0.49 -5.19
Jun 2025 2348.077584354776 -0.39 -4.21
Jul 2025 2314.657912813478 -1.42 -4.76
Aug 2025 2274.89063720766 -1.72 -2.74
Sep 2025 2214.4459195612317 -2.66 -1.87
Oct 2025 2189.0529760294876 -1.15 -5.35
Nov 2025 2185.8710240129253 -0.14 -8.98
Dec 2025 2178.0582161256166 -0.36 -8.36
Jan 2026 2161.373766079558 -0.77 -11.12
Feb 2026 2151.3014139110446 -0.47 -10.21