Phoenix, AZ (Metro) - Trend of Mortgage Payments: 5% 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 5% down for all homes in the Phoenix, AZ Metro in February 2026 was $2,907.95. The month over month percentage change (MoM) was -0.39%, and the year over year percentage change (YoY) was -9.33%.

The chart below shows the trend of the mortgage payments with 5% down for all homes in the Phoenix, AZ 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 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: 5% Down - All Homes - Smoothed and Seasonally Adjusted ($)
Phoenix, AZ (Metro) - Trend of Mortgage Payments: 5% Down - All Homes - Smoothed and Seasonally Adjusted
1 – 10 of 134
Month Mortgage Payment ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1065.7929681039222 -1.67 -3.66
Feb 2015 1074.381467287756 0.81 -2.50
Mar 2015 1086.8185254773591 1.16 -2.68
Apr 2015 1082.3337321690612 -0.41 -3.58
May 2015 1109.461820030622 2.51 -0.04
Jun 2015 1134.3012894485717 2.24 2.33
Jul 2015 1150.849033244623 1.46 4.07
Aug 2015 1143.6514753924184 -0.62 3.46
Sep 2015 1152.4933244546635 0.77 3.59
Oct 2015 1152.3543794355837 -0.01 4.83
Nov 2015 1181.2272058047902 2.51 7.69
Dec 2015 1194.3385895084875 1.11 10.19
Jan 2016 1195.2343799726693 0.08 12.15
Feb 2016 1179.9018758358116 -1.28 9.82
Mar 2016 1192.1257092167677 1.04 9.69
Apr 2016 1185.8989830858043 -0.52 9.57
May 2016 1189.7162177996217 0.32 7.23
Jun 2016 1190.9226611398146 0.10 4.99
Jul 2016 1180.2334351321329 -0.90 2.55
Aug 2016 1184.1615729765356 0.33 3.54
Sep 2016 1193.3139886766944 0.77 3.54
Oct 2016 1200.5710369042888 0.61 4.18
Nov 2016 1244.8619495079843 3.69 5.39
Dec 2016 1306.831149720069 4.98 9.42
Jan 2017 1306.3249790295827 -0.04 9.29
Feb 2017 1315.5691318151587 0.71 11.50
Mar 2017 1327.2861926979297 0.89 11.34
Apr 2017 1315.2030565171835 -0.91 10.90
May 2017 1318.471400069242 0.25 10.82
Jun 2017 1311.9610761631475 -0.49 10.16
Jul 2017 1328.1636721059888 1.24 12.53
Aug 2017 1323.910989239484 -0.32 11.80
Sep 2017 1321.3732192078355 -0.19 10.73
Oct 2017 1341.7933038620945 1.55 11.76
Nov 2017 1352.2576898407422 0.78 8.63
Dec 2017 1362.8848011161638 0.79 4.29
Jan 2018 1382.9634103699332 1.47 5.87
Feb 2018 1436.1323358961504 3.85 9.16
Mar 2018 1463.62338361106 1.91 10.27
Apr 2018 1476.002164969704 0.85 12.23
May 2018 1503.6055111723792 1.87 14.04
Jun 2018 1511.2553659553191 0.51 15.19
Jul 2018 1516.9189959147818 0.38 14.21
Aug 2018 1531.3053079600472 0.95 15.67
Sep 2018 1553.7453626647045 1.47 17.59
Oct 2018 1593.9762022114892 2.59 18.79
Nov 2018 1607.4044307821493 0.84 18.87
Dec 2018 1577.7680536151097 -1.84 15.77
Jan 2019 1558.0510749864122 -1.25 12.66
Feb 2019 1552.0669328113659 -0.38 8.07
Mar 2019 1543.707993559484 -0.54 5.47
Apr 2019 1530.9511102677661 -0.83 3.72
May 2019 1524.501410598773 -0.42 1.39
Jun 2019 1487.4257947866774 -2.43 -1.58
Jul 2019 1486.0647495341823 -0.09 -2.03
Aug 2019 1469.0572615886595 -1.14 -4.07
Sep 2019 1474.83844346375 0.39 -5.08
Oct 2019 1497.0906071471363 1.51 -6.08
Nov 2019 1509.3062509346985 0.82 -6.10
Dec 2019 1524.7360267952895 1.02 -3.36
Jan 2020 1524.042062447855 -0.05 -2.18
Feb 2020 1515.2036045846862 -0.58 -2.37
Mar 2020 1531.7258849473797 1.09 -0.78
Apr 2020 1525.293917409695 -0.42 -0.37
May 2020 1524.8229546783443 -0.03 0.02
Jun 2020 1520.9103538216252 -0.26 2.25
Jul 2020 1505.245571470085 -1.03 1.29
Aug 2020 1505.7879277868674 0.04 2.50
Sep 2020 1520.0870223657384 0.95 3.07
Oct 2020 1536.605271090273 1.09 2.64
Nov 2020 1553.1510635901182 1.08 2.91
Dec 2020 1566.5623568397787 0.86 2.74
Jan 2021 1602.0803188123073 2.27 5.12
Feb 2021 1643.7918584275417 2.60 8.49
Mar 2021 1727.7965889627246 5.11 12.80
Apr 2021 1764.917328458348 2.15 15.71
May 2021 1795.5936825816675 1.74 17.76
Jun 2021 1851.6577175641482 3.12 21.75
Jul 2021 1883.2818540842936 1.71 25.12
Aug 2021 1924.4801333157118 2.19 27.81
Sep 2021 1975.5152672530235 2.65 29.96
Oct 2021 2046.8002482607394 3.61 33.20
Nov 2021 2080.5284546939793 1.65 33.96
Dec 2021 2118.7380550755606 1.84 35.25
Jan 2022 2232.501589646428 5.37 39.35
Feb 2022 2348.7052640513534 5.21 42.88
Mar 2022 2502.7276756492242 6.56 44.85
Apr 2022 2778.3240495785226 11.01 57.42
May 2022 2910.6560638355186 4.76 62.10
Jun 2022 3048.3042354148643 4.73 64.63
Jul 2022 3042.466278012147 -0.19 61.55
Aug 2022 2978.6122152512553 -2.10 54.78
Sep 2022 3201.7167300353763 7.49 62.07
Oct 2022 3386.724582557459 5.78 65.46
Nov 2022 3298.5880298739603 -2.60 58.55
Dec 2022 3112.30677946254 -5.65 46.89
Jan 2023 3032.222281247342 -2.57 35.82
Feb 2023 2986.2994767945047 -1.51 27.15
Mar 2023 3041.6138073905963 1.85 21.53
Apr 2023 2976.4708474167483 -2.14 7.13
May 2023 3002.164310015378 0.86 3.14
Jun 2023 3094.5105872130866 3.08 1.52
Jul 2023 3148.0755439254726 1.73 3.47
Aug 2023 3235.0279866327924 2.76 8.61
Sep 2023 3289.771453710159 1.69 2.75
Oct 2023 3429.177709853083 4.24 1.25
Nov 2023 3388.3929378290773 -1.19 2.72
Dec 2023 3210.0073095169837 -5.26 3.14
Jan 2024 3162.6139321259684 -1.48 4.30
Feb 2024 3205.3685296507074 1.35 7.34
Mar 2024 3228.425452582878 0.72 6.14
Apr 2024 3291.0730465564984 1.94 10.57
May 2024 3320.2113007626135 0.89 10.59
Jun 2024 3278.5628141555744 -1.25 5.95
Jul 2024 3253.076355309014 -0.78 3.34
Aug 2024 3143.590921360652 -3.37 -2.83
Sep 2024 3045.2827417342037 -3.13 -7.43
Oct 2024 3111.255504370241 2.17 -9.27
Nov 2024 3216.0756187430497 3.37 -5.09
Dec 2024 3186.3425186116515 -0.92 -0.74
Jan 2025 3251.0075532044048 2.03 2.80
Feb 2025 3207.270812199507 -1.34 0.06
Mar 2025 3137.026899538148 -2.19 -2.83
Apr 2025 3144.5921215484605 0.24 -4.45
May 2025 3156.6611544960842 0.38 -4.93
Jun 2025 3144.129814734663 -0.40 -4.10
Jul 2025 3102.8982327009217 -1.31 -4.62
Aug 2025 3054.3764914572034 -1.56 -2.84
Sep 2025 2981.7403495999984 -2.38 -2.09
Oct 2025 2951.177340974464 -1.02 -5.14
Nov 2025 2947.5003205962603 -0.12 -8.35
Dec 2025 2938.7322775123844 -0.30 -7.77
Jan 2026 2919.4874567270017 -0.65 -10.20
Feb 2026 2907.950296046391 -0.39 -9.33