Memphis, TN (Metro) - Trend of Mortgage Payments: 5% Down - All Homes - Smoothed and Seasonally Adjusted (Zillow)
According to data from Zillow.com, the smoothed and seasonally adjusted Mortgage Payments with 5% down for all homes in the Memphis, TN Metro in February 2026 was $1,570.31. The month over month percentage change (MoM) was -0.28%, and the year over year percentage change (YoY) was -7.38%.
The chart below shows the trend of the mortgage payments with 5% down for all homes in the Memphis, TN metro. The table below shows the trend of the the mortgage payments with 5% down, and the MoM and YoY percentage changes for all homes in the Memphis, TN metro.
You can see similar information for other US metros, and for the United States.
Note: The Mortgage Payment value is an estimate of the monthly mortgage payment on a new home purchase with the average interest rate of that month. The home value is estimated using smoothed and seasonally adjusted ZHVI. If the down payment is less than 20%, the monthly mortgage payment includes 1% mortgage insurance.
| Month | Mortgage Payment ($) | MoM Perc. Change (%) | YoY Perc. Change (%) |
|---|---|---|---|
| Jan 2015 | 621.5719846959774 | -1.64 | -2.76 |
| Feb 2015 | 625.7799272732491 | 0.68 | -1.57 |
| Mar 2015 | 631.3023449971126 | 0.88 | -1.73 |
| Apr 2015 | 626.9583215164375 | -0.69 | -2.98 |
| May 2015 | 641.1285311208953 | 2.26 | -0.01 |
| Jun 2015 | 653.6814768897123 | 1.96 | 1.58 |
| Jul 2015 | 661.3782388939095 | 1.18 | 2.56 |
| Aug 2015 | 654.2583040641969 | -1.08 | 1.39 |
| Sep 2015 | 655.959868095279 | 0.26 | 1.06 |
| Oct 2015 | 652.0987796076076 | -0.59 | 1.87 |
| Nov 2015 | 664.7913192034163 | 1.95 | 4.08 |
| Dec 2015 | 668.6952038756014 | 0.59 | 5.82 |
| Jan 2016 | 665.3677380571428 | -0.50 | 7.05 |
| Feb 2016 | 653.5979091479496 | -1.77 | 4.45 |
| Mar 2016 | 657.6105584046069 | 0.61 | 4.17 |
| Apr 2016 | 652.3811307691656 | -0.79 | 4.06 |
| May 2016 | 652.0275379329505 | -0.05 | 1.70 |
| Jun 2016 | 650.9671740077529 | -0.16 | -0.41 |
| Jul 2016 | 643.6090416818071 | -1.13 | -2.69 |
| Aug 2016 | 646.0685837770451 | 0.38 | -1.25 |
| Sep 2016 | 650.9695672656203 | 0.76 | -0.76 |
| Oct 2016 | 655.4574918593605 | 0.69 | 0.52 |
| Nov 2016 | 680.5207080302725 | 3.82 | 2.37 |
| Dec 2016 | 716.0617086193325 | 5.22 | 7.08 |
| Jan 2017 | 716.7237449348812 | 0.09 | 7.72 |
| Feb 2017 | 721.5118233029893 | 0.67 | 10.39 |
| Mar 2017 | 726.4859776987151 | 0.69 | 10.47 |
| Apr 2017 | 719.0244117336965 | -1.03 | 10.22 |
| May 2017 | 720.0126450705123 | 0.14 | 10.43 |
| Jun 2017 | 715.8078752877545 | -0.58 | 9.96 |
| Jul 2017 | 724.306031426227 | 1.19 | 12.54 |
| Aug 2017 | 722.3989730284138 | -0.26 | 11.82 |
| Sep 2017 | 722.1323418863643 | -0.04 | 10.93 |
| Oct 2017 | 734.4022776621695 | 1.70 | 12.04 |
| Nov 2017 | 742.3032273492865 | 1.08 | 9.08 |
| Dec 2017 | 750.0059166673656 | 1.04 | 4.74 |
| Jan 2018 | 761.271509475043 | 1.50 | 6.22 |
| Feb 2018 | 788.4979100505773 | 3.58 | 9.28 |
| Mar 2018 | 802.0213100173316 | 1.72 | 10.40 |
| Apr 2018 | 808.7477699125639 | 0.84 | 12.48 |
| May 2018 | 823.9486163585191 | 1.88 | 14.44 |
| Jun 2018 | 826.8597671559772 | 0.35 | 15.51 |
| Jul 2018 | 828.0065126485663 | 0.14 | 14.32 |
| Aug 2018 | 834.7738452943255 | 0.82 | 15.56 |
| Sep 2018 | 846.8640111526355 | 1.45 | 17.27 |
| Oct 2018 | 869.6753249688835 | 2.69 | 18.42 |
| Nov 2018 | 879.3487396427222 | 1.11 | 18.46 |
| Dec 2018 | 866.747776713944 | -1.43 | 15.57 |
| Jan 2019 | 858.161581131678 | -0.99 | 12.73 |
| Feb 2019 | 855.6616343532851 | -0.29 | 8.52 |
| Mar 2019 | 851.5796787817595 | -0.48 | 6.18 |
| Apr 2019 | 845.7445645217317 | -0.68 | 4.58 |
| May 2019 | 843.503133882796 | -0.26 | 2.37 |
| Jun 2019 | 824.4853505063832 | -2.25 | -0.29 |
| Jul 2019 | 825.6682980520792 | 0.14 | -0.28 |
| Aug 2019 | 817.370914939979 | -1.00 | -2.08 |
| Sep 2019 | 820.2375550924527 | 0.35 | -3.14 |
| Oct 2019 | 832.0320098579667 | 1.44 | -4.33 |
| Nov 2019 | 838.813685230461 | 0.82 | -4.61 |
| Dec 2019 | 848.236393107674 | 1.12 | -2.14 |
| Jan 2020 | 846.8876635658977 | -0.16 | -1.31 |
| Feb 2020 | 839.2243732265894 | -0.90 | -1.92 |
| Mar 2020 | 844.2041539755089 | 0.59 | -0.87 |
| Apr 2020 | 837.8179792106575 | -0.76 | -0.94 |
| May 2020 | 836.5657928333827 | -0.15 | -0.82 |
| Jun 2020 | 835.2978325147534 | -0.15 | 1.31 |
| Jul 2020 | 827.9134465347789 | -0.88 | 0.27 |
| Aug 2020 | 828.4943231470314 | 0.07 | 1.36 |
| Sep 2020 | 835.0893506263988 | 0.80 | 1.81 |
| Oct 2020 | 842.3676447303121 | 0.87 | 1.24 |
| Nov 2020 | 849.8401961435648 | 0.89 | 1.32 |
| Dec 2020 | 854.1806833363037 | 0.51 | 0.70 |
| Jan 2021 | 870.4011330449645 | 1.90 | 2.78 |
| Feb 2021 | 888.3748975402895 | 2.07 | 5.86 |
| Mar 2021 | 927.6017968315853 | 4.42 | 9.88 |
| Apr 2021 | 938.554986182389 | 1.18 | 12.02 |
| May 2021 | 943.4645877724777 | 0.52 | 12.78 |
| Jun 2021 | 960.9502445523674 | 1.85 | 15.04 |
| Jul 2021 | 964.7176838822716 | 0.39 | 16.52 |
| Aug 2021 | 972.6629504246694 | 0.82 | 17.40 |
| Sep 2021 | 985.4981104763691 | 1.32 | 18.01 |
| Oct 2021 | 1011.8600826474478 | 2.68 | 20.12 |
| Nov 2021 | 1024.8962770818416 | 1.29 | 20.60 |
| Dec 2021 | 1043.23784809094 | 1.79 | 22.13 |
| Jan 2022 | 1100.072806878811 | 5.45 | 26.39 |
| Feb 2022 | 1156.6616472661476 | 5.14 | 30.20 |
| Mar 2022 | 1228.5231647961302 | 6.21 | 32.44 |
| Apr 2022 | 1356.6728401990217 | 10.43 | 44.55 |
| May 2022 | 1412.0759505645867 | 4.08 | 49.67 |
| Jun 2022 | 1473.5449554977406 | 4.35 | 53.34 |
| Jul 2022 | 1471.8878885260406 | -0.11 | 52.57 |
| Aug 2022 | 1452.1392449351354 | -1.34 | 49.30 |
| Sep 2022 | 1582.5941871373543 | 8.98 | 60.59 |
| Oct 2022 | 1701.399596275999 | 7.51 | 68.15 |
| Nov 2022 | 1685.7045362369158 | -0.92 | 64.48 |
| Dec 2022 | 1614.7154309892621 | -4.21 | 54.78 |
| Jan 2023 | 1592.7777693566482 | -1.36 | 44.79 |
| Feb 2023 | 1582.3243670481156 | -0.66 | 36.80 |
| Mar 2023 | 1621.4614475163319 | 2.47 | 31.99 |
| Apr 2023 | 1592.9336224948215 | -1.76 | 17.42 |
| May 2023 | 1609.2230154180218 | 1.02 | 13.96 |
| Jun 2023 | 1656.228134894957 | 2.92 | 12.40 |
| Jul 2023 | 1678.027397545166 | 1.32 | 14.01 |
| Aug 2023 | 1716.1726111956705 | 2.27 | 18.18 |
| Sep 2023 | 1736.1138723874633 | 1.16 | 9.70 |
| Oct 2023 | 1799.5644320034733 | 3.66 | 5.77 |
| Nov 2023 | 1767.4672950271433 | -1.78 | 4.85 |
| Dec 2023 | 1668.9017382578888 | -5.58 | 3.36 |
| Jan 2024 | 1642.9127806748475 | -1.56 | 3.15 |
| Feb 2024 | 1667.2091334172374 | 1.48 | 5.37 |
| Mar 2024 | 1681.6225214659573 | 0.87 | 3.71 |
| Apr 2024 | 1717.7010793461084 | 2.15 | 7.83 |
| May 2024 | 1734.9181550406818 | 1.00 | 7.81 |
| Jun 2024 | 1714.6652328409564 | -1.17 | 3.53 |
| Jul 2024 | 1701.4560967474654 | -0.77 | 1.40 |
| Aug 2024 | 1643.3514360217457 | -3.41 | -4.24 |
| Sep 2024 | 1590.3582377627408 | -3.22 | -8.40 |
| Oct 2024 | 1624.298022049031 | 2.13 | -9.74 |
| Nov 2024 | 1681.2606046164256 | 3.51 | -4.88 |
| Dec 2024 | 1669.8316920578588 | -0.68 | 0.06 |
| Jan 2025 | 1710.4938712255002 | 2.44 | 4.11 |
| Feb 2025 | 1695.4456583599954 | -0.88 | 1.69 |
| Mar 2025 | 1666.3256609555078 | -1.72 | -0.91 |
| Apr 2025 | 1675.807680884369 | 0.57 | -2.44 |
| May 2025 | 1686.8175846121087 | 0.66 | -2.77 |
| Jun 2025 | 1684.0467378025262 | -0.16 | -1.79 |
| Jul 2025 | 1666.5342965059494 | -1.04 | -2.05 |
| Aug 2025 | 1643.966472125217 | -1.35 | 0.04 |
| Sep 2025 | 1606.859407461503 | -2.26 | 1.04 |
| Oct 2025 | 1591.1348700710378 | -0.98 | -2.04 |
| Nov 2025 | 1589.2953057836562 | -0.12 | -5.47 |
| Dec 2025 | 1584.7186196917341 | -0.29 | -5.10 |
| Jan 2026 | 1574.7111871539535 | -0.63 | -7.94 |
| Feb 2026 | 1570.3095963329838 | -0.28 | -7.38 |