CALCMONEY // MORTGAGE // AZ // PHOENIX // 85254
ZIP CODE ANALYSISHyper-local mortgage data for ZIP 85254 in Phoenix, AZ.
$950,000
$760,000
$5,837
$250,140/yr
| Down Payment | Home Price | Loan Amount | Monthly P&I | Total Monthly | Rate |
|---|---|---|---|---|---|
| 10% Down | $950,000 | $855,000 | $5,631 | $6,462 | 6.9% |
| 20% Down | $950,000 | $760,000 | $5,005 | $5,837 | 6.9% |
| 25% Down | $950,000 | $712,500 | $4,693 | $5,524 | 6.9% |
Total monthly includes principal & interest, property tax (0.65% annual), and estimated homeowners insurance. PMI not included.
Kierland Scottsdale (ZIP 85254) sits within Phoenix, Arizona with a median home price of $950,000 — significantly above the Phoenix city-wide median of $420,000. At 80% LTV, the typical loan of $760,000 remains within conforming loan limits, keeping conventional financing accessible.
Property taxes in ZIP 85254 run 0.65% annually, adding $515 per month on the median home. Median household income in this neighborhood is approximately $122,000, placing the price-to-income ratio at 7.8x. Arizona levies a state income tax, which reduces take-home pay and should be factored into your maximum monthly payment calculation.