Utah Mortgage Calculator 2026

Calculate your monthly mortgage payment for a home in Utah (UT). The median home price in Utah is $548,000, with an effective property tax rate of 0.53% (ranked #45 nationally). Use our free calculator to compare FHA, VA, USDA, and conventional loan options with real Utah data.

Utah Property Tax Information

Utah has an effective property tax rate of 0.53%, ranking #45 among all 50 states. The median annual property tax is $2,412 ($201/month). Source: Tax Foundation 2025.

Utah Loan Limits 2026

FHA loan limit in Utah: $524,225 (floor) to $1,209,750 (ceiling for high-cost areas). Conforming loan limit: $806,500 (baseline) to $1,209,750 (ceiling). Utah has designated high-cost areas with higher limits.

Estimated Monthly Payment in Utah

For a median-priced home of $548,000 with 20% down ($109,600), at 6.5% interest over 30 years: estimated monthly principal and interest is $2,771, plus $201 in property taxes and approximately $125 in homeowner's insurance, for a total estimated payment of approximately $3,097/month.

Utah Closing Costs

Average closing costs in Utah are $3,997 (0.72% of purchase price), ranked #21 nationally. Utah does not charge a transfer tax. Source: Bankrate/LodeStar 2025.

Utah Housing Market 2026

Home prices in Utah have decreased 1.2% year-over-year. Average days on market: 48. Inventory level: moderate. Currently considered a buyer's market.

Down Payment Assistance Programs in Utah

Utah offers 2 down payment assistance programs through Utah Housing Corporation (UHC):

  • Score DPA (second mortgage): 0% interest, no monthly payment. Combined with first mortgage. - Up to Up to 6% of loan amount
  • FirstHome Loan (second mortgage): Below-market first mortgage with DPA options. - Up to Competitive rates + DPA

Contact UHC: https://www.utahhousingcorp.org | Phone: 801-902-8200

Did You Know About Utah?

  • Utah has no transfer tax on real estate
  • Salt Lake County and other Wasatch Front counties have high-cost limits
  • Strong population growth from California migration
  • Tech industry growth (Silicon Slopes) driving housing demand

Frequently Asked Questions About Buying a Home in Utah

What is the average property tax rate in Utah?

The effective property tax rate in Utah is 0.53%, with a median annual tax of $2,412. This ranks #45 among all states.

What are the FHA loan limits in Utah for 2026?

The FHA loan floor in Utah is $524,225 and the ceiling is $1,209,750 for high-cost areas. The conforming loan limit baseline is $806,500.

How much are closing costs in Utah?

Average closing costs in Utah are $3,997, which is approximately 0.72% of the purchase price.

Are there first-time homebuyer programs in Utah?

Yes, Utah offers 2 down payment assistance programs through Utah Housing Corporation, including grants, forgivable loans, and second mortgages.

Is Utah a good place to buy a home in 2026?

With a median home price of $548,000 and moderate inventory, Utah is currently a buyer's market. Home prices have decreased 1.2% over the past year.

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Data last updated: 2025-11. This information is for educational purposes only and should not be considered financial advice.