Mortgage Rates in Scottsdale, Arizona — March 2026
Updated March 2026 | Based on Scottsdale market data and regional lending conditions
Scottsdale is a mid-sized city in Arizona with a population of 241,361. The current 30-year fixed mortgage rate in Scottsdale is 6.67%, which is 0.02% above the national average. With a median home price of $725,000 and a 20% down payment of $145,000, homebuyers can expect a monthly principal and interest payment of approximately $3,731.
Current Mortgage Rates in Scottsdale, AZ
Below are the current average mortgage rates available in the Scottsdale 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 Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.67% | 6.65% | +0.02% |
| 15-Year Fixed | 5.91% | 5.89% | +0.02% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.27% | 6.25% | +0.02% |
| VA | 6.07% | 6.05% | +0.02% |
| Jumbo | 6.87% | 6.85% | +0.02% |
Scottsdale Housing Market Overview
The Scottsdale housing market is competitive with prices well above the national median. The median household income in Scottsdale is $95,908, and the cost of living index is 115.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $175,971 to comfortably afford the median-priced home in Scottsdale, which exceeds the current median household income.
Monthly Payment Breakdown for Scottsdale
Based on the median home price of $725,000 with 20% down ($145,000), here is what you can expect to pay monthly in Scottsdale:
15-Year vs. 30-Year Mortgage in Scottsdale
Choosing a 15-year mortgage in Scottsdale at 5.91% instead of a 30-year at 6.67% would save you $467,280 in total interest over the life of the loan. However, your monthly payment would be $4,866 instead of $3,731 — an increase of $1,135 per month.
Calculate Your Scottsdale Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Scottsdale
What are the current mortgage rates in Scottsdale, AZ?
As of March 2026, the average 30-year fixed mortgage rate in Scottsdale, 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 Scottsdale?
Based on the median home price of $725,000 with 20% down, the estimated monthly mortgage payment in Scottsdale is $3,731 for principal and interest. Including property taxes of $375/month, the total monthly housing cost is approximately $4,106.
What income do I need to buy a home in Scottsdale?
Using the 28% rule, you would need an annual income of approximately $175,971 to afford the median-priced home in Scottsdale at $725,000. The median household income in Scottsdale is $95,908. This means most households would need to either earn above the median or consider homes below $725,000.
Is Scottsdale a good place to buy a home in 2026?
Scottsdale has a moderate cost of living with a cost of living index of 115.5 (national average = 100). The property tax rate in Arizona is 0.62%, which is below the national average. Scottsdale has a population of 241,361 and offers a balanced lifestyle.
Mortgage Rates in Other Arizona Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Scottsdale, Arizona area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.