Mortgage Refinance Rates in Pima County, Arizona (2026)
Homeowners in Pima County — anchored by Pima County — are watching refinance rates closely. On a typical $228,000 balance, dropping from about 7.50% to 6.25% trims roughly $190 a month off principal and interest.
Pima County rate-and-term refinance
On a representative $228,000 loan in Pima County, the before-and-after looks like this:
| Monthly Principal & Interest | Amount |
|---|---|
| Current loan at ~7.50% | $1,594 |
| After refinancing at ~6.25% | $1,404 |
| Estimated monthly savings | $190 |
Figures assume a 30-year term and Arizona escrows — your actual numbers move with your credit and loan size. Get alerts when rates drop.
Pima County refinance by loan size
Bigger balances save more each month. Here is the same 7.50%-to-6.25% move across three Pima County loan sizes:
| Balance | Now (~7.50%) | Refi (~6.25%) | Monthly Saved |
|---|---|---|---|
| $160,000 | $1,119 | $985 | $134 |
| $228,000 | $1,594 | $1,404 | $190 |
| $308,000 | $2,154 | $1,896 | $257 |
Pima County payment by interest rate
Here is the monthly principal and interest on a $228,000 Pima County balance at a range of rates, for both 30- and 15-year terms:
| Rate | 30-yr P&I | 15-yr P&I |
|---|---|---|
| 5.50% | $1,295 | $1,863 |
| 5.75% | $1,331 | $1,893 |
| 6.00% | $1,367 | $1,924 |
| 6.25% | $1,404 | $1,955 |
| 6.50% | $1,441 | $1,986 |
| 6.75% | $1,479 | $2,018 |
| 7.00% | $1,517 | $2,049 |
A 15-year refinance of $228,000 near Pima County runs about $1,955/month versus $1,404 on a 30-year — a higher payment near Pima County but far less total interest over the life of the Pima County loan.
Pima County cash-out options
Need cash for a project near Pima County? An 80%-LTV cash-out refinance frees up about $40,000 of your Pima County equity in a single new loan.
| Cash-Out Figure | Amount |
|---|---|
| Estimated home value | $335,000 |
| Typical current balance | $228,000 |
| 80% LTV ceiling (new loan) | $268,000 |
| Estimated cash available | $40,000 |
In Pima County, Arizona, property taxes average roughly 0.62% of value, so escrow on a $335,000 home adds about $173/month beyond principal and interest. A $228,000 balance sits near 68% loan-to-value, leaving about $107,000 in equity — room for a rate-and-term refinance now and a cash-out later around Pima County.
Pima County loan limits for 2026
Pima County's 2026 conforming limit is $806,500 for a single-family home — the national baseline used across most of the Southwest. Refinance a balance above it and you are in jumbo territory, which carries its own rates and guidelines.
- Pima County value about $335,000 with a $228,000 balance (~68% LTV).
- Monthly savings near $190; break-even around month 30 on $5,700 of costs.
- Five-year net of about $5,722 and cash-out room near $40,000.
- Conforming limit $806,500; current equity roughly $107,000 near Pima County.
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Frequently Asked Questions
- What could a refinance save me in Pima County?
- On a typical $228,000 balance, moving from about 7.50% to 6.25% saves roughly $190/month in principal and interest. Your savings depend on your current rate, balance, and term.
- What is my cash-out limit in Pima County?
- Conventional cash-out refinances are capped at 80% of appraised value. On an estimated $335,000 Pima County home with a $228,000 balance, that is about $40,000 in available cash.
- When does a Pima County refinance turn jumbo?
- The 2026 conforming limit is $806,500 for a one-unit home (the national baseline). Refinances above that are jumbo loans.
- How fast do I break even in Pima County?
- Divide your closing costs (about $5,700 here) by your monthly savings. In this example you break even near month 30 — refinance only if you will keep the home past that.
- How much equity is in a typical Pima County-area home?
- On an estimated $335,000 value with a $228,000 balance, that is about $107,000 in equity — roughly 32%. A conventional cash-out requires you to keep 20%.
- Is now a good time to refinance in Pima County?
- A common rule of thumb: refinance when you can cut your rate by about 0.75 to 1% and stay past your break-even (near month 30 here). On a $228,000 Pima County balance, that move is worth roughly $190 a month.