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Refinancing a mortgage in Dennehotso, Arizona

The typical owner-occupied home in Dennehotso is worth about $57,500, 85% below the Arizona median of $394,500 and 83% below the national median of $332,700. The median household earns $31,786 a year, so the median home costs 1.8 times the median income (4.9 times for Arizona). 93% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.

Dennehotso at a glance

Dennehotso Arizona U.S.
Median home value $57,500 $394,500 $332,700
Median property tax paid per year – $1,879 $3,119
Median household income $31,786 $79,964 $80,734
Homes lived in by their owners 93% 67% 65%
Owner homes with a mortgage 0% 62% 61%
Median monthly costs, owners with a mortgage – $1,803 $1,963
Median rent – $1,543 $1,413
Median year homes were built 1992 1992 1980
Vacant homes 11.7% 10.5% 10.1%
Population 574 7,378,838 334,922,499

What refinancing could save in Dennehotso

Say you owe $34,000, about 60% of the median home value here, on a 30-year loan at 8.11%. Refinancing into a new 30-year loan at this week's average of 7.11% would cut principal and interest from $252 to $229, saving about $23 a month.

Closing costs often run 2% to 5% of the loan. At 3%, about $1,000, the savings would cover the costs in about 43 months, so refinancing pays off if you keep the home longer than that.

A 15-year loan at 6.45% would raise the payment to $295, but you'd pay $29,196 less interest than on the new 30-year loan.

The average 30-year rate is 0.87 percentage points higher than a year ago, when it was 6.24%.

Refinancing a $34,000 balance
Current loan at 8.11%, 30 years$252
New 30-year loan at 7.11%$229
New 15-year loan at 6.45%$295
Monthly savings with the new 30-year loan$23

Principal and interest only; taxes and insurance stay the same.

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Questions about mortgage refinance in Dennehotso

What is the median home value in Dennehotso?

About $57,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

When does refinancing make sense?

When the monthly savings repay your closing costs before you expect to sell or refinance again. This week's average rates are 7.11% for 30 years and 6.45% for 15 years.

More about Dennehotso

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data