Mortgage Rates in Goodyear, ArizonaMarch 2026

Updated March 2026 | Based on Goodyear market data and regional lending conditions

30-Year Fixed
6.67%
15-Year Fixed
5.91%
Median Home Price
$425,000
Est. Monthly Payment
$2,407

Goodyear is a growing city in Arizona with a population of 95,294. The current 30-year fixed mortgage rate in Goodyear is 6.67%, which is 0.02% above the national average. With a median home price of $425,000 and a 20% down payment of $85,000, homebuyers can expect a monthly principal and interest payment of approximately $2,187.

Current Mortgage Rates in Goodyear, AZ

Below are the current average mortgage rates available in the Goodyear area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.

Loan TypeRateNational AvgDifference
30-Year Fixed6.67%6.65%+0.02%
15-Year Fixed5.91%5.89%+0.02%
5/1 ARM6.17%6.15%+0.02%
FHA6.27%6.25%+0.02%
VA6.07%6.05%+0.02%
Jumbo6.87%6.85%+0.02%

Goodyear Housing Market Overview

The Goodyear housing market reflects moderate demand with prices near the national average. The median household income in Goodyear is $78,250, and the cost of living index is 99.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $103,157 to comfortably afford the median-priced home in Goodyear, which exceeds the current median household income.

Population
95,294
Median Income
$78,250
Property Tax Rate
0.62%
Cost of Living
99.5
Down Payment (20%)
$85,000
Income Needed
$103,157

Monthly Payment Breakdown for Goodyear

Based on the median home price of $425,000 with 20% down ($85,000), here is what you can expect to pay monthly in Goodyear:

Principal & Interest (30-yr at 6.67%)$2,187
Property Tax$220
Estimated Insurance$106
Total Estimated Monthly$2,513

15-Year vs. 30-Year Mortgage in Goodyear

Choosing a 15-year mortgage in Goodyear at 5.91% instead of a 30-year at 6.67% would save you $273,780 in total interest over the life of the loan. However, your monthly payment would be $2,853 instead of $2,187 — an increase of $666 per month.

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Frequently Asked Questions About Mortgages in Goodyear

What are the current mortgage rates in Goodyear, AZ?

As of March 2026, the average 30-year fixed mortgage rate in Goodyear, Arizona is 6.67%, while the 15-year fixed rate is 5.91%. FHA loans average 6.27% and VA loans 6.07%. These rates are 0.02% above the national average of 6.65%.

How much is a monthly mortgage payment in Goodyear?

Based on the median home price of $425,000 with 20% down, the estimated monthly mortgage payment in Goodyear is $2,187 for principal and interest. Including property taxes of $220/month, the total monthly housing cost is approximately $2,407.

What income do I need to buy a home in Goodyear?

Using the 28% rule, you would need an annual income of approximately $103,157 to afford the median-priced home in Goodyear at $425,000. The median household income in Goodyear is $78,250. This means most households would need to either earn above the median or consider homes below $425,000.

Is Goodyear a good place to buy a home in 2026?

Goodyear offers a below-average cost of living with a cost of living index of 99.5 (national average = 100). The property tax rate in Arizona is 0.62%, which is below the national average. Goodyear has a population of 95,294 and offers a balanced lifestyle.

Mortgage Rates in Other Arizona Cities

Phoenix, AZ
6.67% | $395,000
Tucson, AZ
6.67% | $295,000
Mesa, AZ
6.67% | $415,000
Chandler, AZ
6.67% | $465,000
Glendale, AZ
6.67% | $365,000

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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Goodyear, Arizona area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.