Calculate your monthly mortgage payment in Utah. Pre-filled with Utah's typical home value of $534,600 (Zillow Home Value Index, August 2026) and an effective property tax rate of 0.49% (Census ACS 2024 1-year, median taxes ÷ median home value).
Est. Monthly Payment
$3,295
Principal & Interest
$2,854
Property Tax / mo
$218
Total Interest Paid
$599,756
| Home Price | $534,600 | Typical home value in Utah — Zillow Home Value Index, August 2026 |
| Down Payment | 20% ($106,920) | Assumption — no sourced state average |
| Loan Amount | $427,680 | Home price minus down payment |
| Interest Rate | 7.03% | Freddie Mac PMMS national average, week of 2026-09-24 — not a Utah rate |
| Loan Term | 30 years | Assumption |
| Property Tax | 0.49% / year | Utah effective rate — Census ACS 2024 1-year, median taxes ÷ median home value |
| Home Insurance | 0.5% / year | Assumption — not a sourced premium |
Programs named for Utah: Utah Housing FirstHome Loan, Score Loan, NoMI Loan. This list has no recorded source or date and may be out of date — confirm current programs and eligibility with the Utah housing finance agency before you rely on it.
Cost of living: Moderate (index 98.4, MERIC (C2ER index), Second Quarter 2026) · Population: 3,538,904 (Census Bureau estimate, July 1, 2025)
Utah has a typical home value of about $534,600 (Zillow Home Value Index, August 2026), above the U.S. typical value of $368,700. With an assumed 20% down payment of $106,920, a buyer would finance $427,680 over 30 years. At the national 7.03% fixed rate, the monthly principal and interest payment comes to $2,854.
The effective property tax rate in Utah — median real estate taxes paid divided by median home value — is 0.49% per year (Census ACS 2024 1-year, median taxes ÷ median home value), against 0.89% for the U.S. Combined with an assumed $223 a month for homeowners insurance, the estimated all-in monthly housing cost is about $3,295.
Using the 28% housing cost guideline, you would need a gross annual income of approximately $141,214 to qualify comfortably. The median household income in Utah is $96,658 (Census ACS 2024 1-year).
