Mortgage Calculator — Utah
Pre-filled with Utah's average home price of $500000, property tax rate of 0.6%, and average insurance of $1200/year. Adjust any value below.
1 Loan Details
2 Monthly Costs (Utah averages pre-filled)
Include PMI
Required when down payment < 20%
Estimated Monthly Payment
—
Enter your loan details to see your payment
Total Interest Paid
—
Over loan lifetime
Total Cost
—
Principal + interest
Loan Amount
—
Amount financed
Down Payment
—
Of home price
Monthly Payment Breakdown
Balance Over Time
Rate Comparison
How your payment changes with different interest rates
| Rate Scenario | Monthly P&I | Total Interest |
|---|---|---|
| Enter loan details above to see rate scenarios | ||
Amortization Schedule
Full month-by-month payment breakdown
| Month | Year | Payment | Principal | Interest | Balance |
|---|
Utah Housing Market
Utah's housing market has experienced dramatic appreciation, particularly in the Wasatch Front corridor. A young, fast-growing population and booming tech sector 'Silicon Slopes' have pushed Salt Lake City prices well above national averages.
Affordability in Utah
Salt Lake City and Provo-Orem now exceed $500,000 median, requiring incomes of $120,000+ to afford comfortably. St. George, while growing rapidly, still offers relatively more accessible options in the state's sunbelt market.
Key Markets
First-Time Buyer Programs in Utah
FirstHome
Fixed-rate first mortgage for first-time buyers, with income and price limits.
Utah Housing DPA / Score Loan
Second loan toward down payment and closing costs, paired with a Utah Housing first mortgage.
First-Time Homebuyer Assistance Program
State-funded help (up to $20,000) for first-time buyers of newly built homes under the price limit.
Programs are run by the Utah Housing Corporation. Income limits, price limits and assistance amounts change often — confirm current terms with the agency or an approved lender.
Property Tax in Utah
A primary residence is taxed on only 55% of its market value, which keeps effective rates low even though home prices are high. At Utah's average effective rate of 0.6%, a $500,000 home pays roughly $3,000/year (about $250/month).
Utah Conforming Loan Limit
In 2026, the conforming loan limit is $832,750 in most counties. Designated high-cost areas can go up to $1,249,125. Loans above the limit are jumbo loans and usually need a larger down payment.
Closing Costs in Utah
Utah has no real estate transfer tax and no mortgage recording tax, so closing costs are mostly lender, title and escrow fees, often 2%–3% of the price.
Mortgage Calculator by State