Affordability Calculator

How Much Home Can You Afford?

This works backward from your income and a target debt-to-income ratio (lenders typically use 36–43%). Every field is editable — it’s a guide, not a pre-approval.

Annual income (gross)

Monthly debtsDown payment

Interest rate %Loan term (years)

Max DTI %Property tax %

Insurance (annual)HOA (monthly)

Principal & interest$1,449,631 at 6.5%	$9,163
Property tax0.5% of price	$687
Homeowners insurance	$150
HOA dues	—
Max monthly housing budget	$10,000

Home price you can afford$1,649,631with a $1,449,631 loan

Affordability Calculator

Buyer Tool — Affordability Calculator
By Anne Sostman | The Brokery | License SA718853000

How Much Home Can You Afford in
Scottsdale & Paradise Valley?

Affordability Calculator · Scottsdale · Paradise Valley · Arcadia

The calculator below estimates your maximum purchase price based on income, debts, down payment, and interest rate. What it cannot tell you is what that number actually buys in this market. A $1M budget in South Scottsdale and a $1M budget in North Scottsdale deliver completely different properties. Understanding the corridor-specific context is what turns a number into a strategy.

Use the Calculator

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“The calculator gives you a number. The conversation gives you a strategy. Knowing what you can afford is the starting point. Knowing what that number buys in each corridor is what makes the number useful.”
— Anne Sostman

0.6–0.8%

Approximate Scottsdale property tax rate

$0–$1,500/mo

HOA range from no-HOA to guard-gated

5–20%

Typical down payment range

3 Corridors

Each delivers different value at the same price

Old Town Specialist

South Scottsdale Specialist

Paradise Valley Specialist

Private Client Network

Published by Anne Sostman

Calculate

Affordability Calculator.

Enter your income, debts, down payment, and interest rate to estimate your maximum purchase price. This is an estimate — pre-approval from a local lender provides the confirmed number.

Context

What Your Number Actually Buys.

A budget is a number. What that number delivers depends entirely on the corridor. The same $1M buys a renovated mid-century home with Old Town walkability in South Scottsdale, a four-bedroom family home on a lake in McCormick Ranch, or the entry floor in Grayhawk with no view and a smaller lot. Understanding the corridor-specific value at your price point is what turns a budget into a targeted search.

The carrying costs also vary. Non-HOA communities in South Scottsdale and Arcadia have no monthly HOA dues. Guard-gated North Scottsdale communities can add $500 to $1,500 per month. That difference affects your effective purchasing power by $75K to $200K or more.

Search Homes by Corridor

Under $750K

South Scottsdale condos and townhomes, smaller single family in Arcadia Lite, entry-level in older Central Scottsdale communities. The most accessible Scottsdale address.

$750K – $1.5M

Renovated South Scottsdale single family, mid-range Arcadia Lite, family homes in McCormick Ranch and Scottsdale Ranch, entry-level North Scottsdale. The broadest selection tier.

$1.5M – $3M

New construction in Arcadia, premium Central Scottsdale, mid-range North Scottsdale communities, and entry-level Paradise Valley on smaller lots or older construction.

$3M+

Custom estates in Arcadia Proper, premium North Scottsdale guard-gated communities, and the Paradise Valley micro-pockets. Off-market activity increases significantly at this level.

Take the Next Step

Know Your Number. Now What?

A brief conversation turns the number into a strategy.

The calculator gives you a budget. A consultation identifies which corridor delivers the best value at your price point, what the carrying costs actually look like for specific properties, and whether off-market inventory expands your options.

Schedule a Consultation

Request Off-Market Access

Representing buyers and sellers across Old Town & South Scottsdale communities · 480.999.9945

Local Context

Scottsdale-Specific Costs to Factor In.

The numbers below are estimates. Verify the exact amounts for any specific property before purchasing.

Property Taxes Approximately 0.6% to 0.8% of Assessed Value Arizona uses a limited property value system that caps annual increases. Rates vary by location and taxing district. On a $1M home, expect approximately $6,000 to $8,000 annually. Paradise Valley and Scottsdale have slightly different rates. Verify the exact amount for any property you are considering.	HOA Dues $0 to $1,500+/Month Depending on Community Many South Scottsdale and Arcadia single family homes have no HOA. Master-planned communities (Gainey Ranch, McCormick Ranch, Kierland) typically carry $200 to $800/month. Guard-gated North Scottsdale communities can reach $500 to $1,500+/month. This is a carrying cost that directly reduces your effective purchasing power.
Insurance Varies by Property Value and Coverage Arizona homeowner’s insurance is generally lower than coastal states. On a $1M home, expect approximately $2,500 to $5,000 annually depending on the coverage level, construction type, and specific location. High-value homes and properties with pools may carry higher premiums. Obtain quotes before finalizing your budget.	Down Payment & Closing 5–20% Down Plus 2.5–3.5% in Closing Costs Conventional loans: 5–20% down. Jumbo loans (above the conforming limit): typically 10–20%+. Closing costs average 2.5% to 3.5% of the purchase price. For a $1M purchase at 20% down: $200K down plus ~$30K in closing costs. Cash purchases are common above $2M, particularly in Paradise Valley.

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Frequently Asked Questions

Affordability FAQ.

How much home can I afford in Scottsdale? Depends on income, debts, down payment, rate, and carrying costs (tax, HOA, insurance). Use the calculator above for an estimate. Pre-approval from a local lender confirms the number.	What are property taxes in Scottsdale? Approximately 0.6% to 0.8% of assessed value. Arizona’s limited property value system caps annual increases. On a $1M home: ~$6K to $8K annually. Verify the exact amount for any specific property.
What does $1M buy in Scottsdale? Renovated single family in South Scottsdale, mid-range Arcadia Lite, family home in McCormick Ranch, or entry-level Grayhawk. Corridor determines what the number delivers.	How much is a down payment? 5–20% for conventional, 10–20%+ for jumbo loans. Plus 2.5–3.5% in closing costs. Cash purchases are common above $2M, particularly in Paradise Valley.
What are HOA fees in Scottsdale? $0 in non-HOA communities to $1,500+/month in guard-gated North Scottsdale. This varies dramatically and directly affects your purchasing power. Factor it in before choosing a corridor.	Should I get pre-approved first? Yes. The calculator provides an estimate. Pre-approval from a local lender provides the confirmed number and signals seriousness to sellers. Get pre-approved before you start looking at properties.

Common Questions

Questions Sellers Ask Most.

How much home can I afford in Scottsdale?

Affordability depends on income, debts, down payment, interest rate, and the total carrying costs specific to the property (property tax, HOA, insurance). In Scottsdale, property tax rates average approximately 0.6% to 0.8% of assessed value, but vary by location. HOA dues range from $0 in non-HOA communities to $200-$800/month in master-planned communities with amenities. Use the calculator on this page to estimate your maximum purchase price, then explore what that price range buys in each Scottsdale corridor.

What are property taxes in Scottsdale Arizona?

Scottsdale property tax rates average approximately 0.6% to 0.8% of the assessed (limited) value, depending on the specific location and taxing districts. Paradise Valley property taxes are similar but governed by the town's own assessment. Arizona uses a limited property value system that caps annual increases, which generally keeps taxes lower than many states. Verify the exact tax amount for any specific property before purchasing.

What does $1 million buy in Scottsdale?

At $1 million, you can purchase a renovated mid-century home in South Scottsdale or Old Town, a smaller home in Arcadia Lite, or a larger home in an established Central Scottsdale community like McCormick Ranch. In North Scottsdale, $1 million is the entry floor for smaller homes in communities like Grayhawk. In Paradise Valley, $1 million is below the minimum entry for single family homes.

How much do I need for a down payment in Scottsdale?

Conventional loans typically require 5% to 20% down. Jumbo loans (required above the conforming loan limit, which adjusts annually) often require 10% to 20% or more. For a $1 million purchase with 20% down, expect $200,000 in down payment plus approximately $25,000 to $35,000 in closing costs. Cash purchases are common above $2 million, particularly in Paradise Valley.

What are HOA fees in Scottsdale?

HOA fees in Scottsdale range from $0 in non-HOA neighborhoods (many South Scottsdale and Arcadia communities) to $200-$800/month in master-planned communities with amenities like Gainey Ranch, McCormick Ranch, and Kierland. Guard-gated North Scottsdale communities can carry HOA dues of $500 to $1,500/month or more depending on the level of amenities and services. HOA fees are a meaningful carrying cost that affects affordability — factor them into your calculation.

Work With Anne

Ready to Turn Your Budget Into a Strategy?

The calculator gives you a number. A conversation about which corridor delivers the best value at your price point, what the true carrying costs look like, and where off-market inventory expands your options is the step that turns the number into a plan.

Schedule directly below

Or call directly

480.999.9945