Utah Mortgage Calculator

Estimate your monthly mortgage payment in Utah. On the state's median home value of $510,000, with a 20% down payment at today's rates, expect a total monthly payment (principal, interest, taxes, and insurance) around $2,922. Adjust every input for your situation.

Estimated Monthly Payment
$2,922
/month — includes taxes, insurance, PMI
Down Payment20% ($102,000)
0% ($0)50% ($255,000)

Loan Amount

$408,000

20.00% down

Total Interest

$520,382

Over 30 years

LTV Ratio

80.00%

No PMI (≤80% LTV)

Monthly Breakdown

  • Principal & Interest$2,579
  • Property Tax$268
  • Home Insurance$75

Amortization Schedule

YearPaymentPrincipalInterestBalance
1$30,946$4,560$26,386$403,440
2$30,946$4,866$26,080$398,574
3$30,946$5,192$25,754$393,382
4$30,946$5,539$25,407$387,843
5$30,946$5,910$25,036$381,933
6$30,946$6,306$24,640$375,627
7$30,946$6,728$24,218$368,898
8$30,946$7,179$23,767$361,719
9$30,946$7,660$23,286$354,059
10$30,946$8,173$22,773$345,887
11$30,946$8,720$22,226$337,166
12$30,946$9,304$21,642$327,862
13$30,946$9,927$21,019$317,935
14$30,946$10,592$20,354$307,343
15$30,946$11,302$19,645$296,041
16$30,946$12,058$18,888$283,983
17$30,946$12,866$18,080$271,117
18$30,946$13,728$17,218$257,389
19$30,946$14,647$16,299$242,742
20$30,946$15,628$15,318$227,114
21$30,946$16,675$14,271$210,440
22$30,946$17,791$13,155$192,648
23$30,946$18,983$11,963$173,666
24$30,946$20,254$10,692$153,412
25$30,946$21,611$9,335$131,801
26$30,946$23,058$7,888$108,743
27$30,946$24,602$6,344$84,141
28$30,946$26,250$4,696$57,891
29$30,946$28,008$2,938$29,883
30$30,946$29,883$1,063$0

Swipe the table sideways to see all columns →

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How to use it

A two-minute guide.

The Home Price field is pre-filled with Utah's median home value (about $510,000). Override with your target home's actual price for a property-specific estimate.

The Property Tax Rate is pre-filled with Utah's average effective rate of 0.63%. Within Utah, rates vary by county — if you know your specific local rate from your county assessor or last tax bill, override it for a more precise estimate.

The Home Insurance default reflects Utah's typical annual premium of approximately $900.

Adjust the Down Payment slider to compare scenarios. Below 20% down triggers PMI; the calculator adds it automatically and flags it.

How it works

The math behind the result.

The Utah median home, in dollar terms. At $510,000 with a 20% down payment, you bring $102,000 to closing (plus closing costs) and take out a $408,000 mortgage. At today's 6.50% 30-year fixed rate, your monthly principal and interest is roughly $2,579.

Utah's ongoing housing costs. The state's average property tax rate of 0.63% produces about $3,213 per year on a median-priced home — typically paid through escrow with your mortgage. Insurance averages $900/year in Utah.

Total monthly payment (PITI) on the median Utah home works out to about $2,922/month at current rates with 20% down and no HOA. Putting less down adds PMI; HOA dues add separately if your specific neighborhood requires them.

Your specific city matters. Median home prices vary widely within Utah — major cities are usually 30-100% above the state median, rural areas can be well below. For city-specific calculators with local home prices pre-filled, use the city links below.

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Questions

Frequently asked.

On Utah's median home value of $510,000, a typical 20%-down 30-year fixed mortgage at current rates has a principal-and-interest payment of about $2,579/month. Adding property tax (at the state's 0.63% rate) and insurance brings total PITI to roughly $2,922/month. Your specific payment varies with your home price, down payment, and rate.

Want a more local estimate? See our city-specific Utah mortgage calculators or check Utah property tax rates.

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