Home and mortgage

Utah Mortgage Calculator

Your monthly mortgage payment in Utah, with Utah's effective property tax rate (0.52%) built in, at this week's average rate. The calculator starts at the state's median home value, $489,400.

Shows its working
Sources named below
Runs in your browser; nothing is stored

Your numbers

Home priceDown paymentInterest rateStarts at this week's national averageLoan termProperty taxA year, as a share of the price; about 1% is typical, varying widely by countyHome insurance a yearMortgage insurance (PMI)A year, on the loan, only below 20% downHOA dues a month

Monthly payment$3,027.06The answer

Monthly payment

$3,027.06

A $489,000 home with 20% down ($391,200 borrowed) at 7.18% over 30 years costs about $3,027 a month: $2,650 principal and interest plus $377 of tax, insurance and dues.

Principal and interest: $2,650.13
Tax, insurance, PMI and HOA: $376.94
Total interest over the loan: $562,845

Amortization by year: $391,200 at 7.18%

Year	Interest	Principal	Balance
1	$27,963.49	$3,838.01	$387,361.99
2	$27,678.67	$4,122.83	$383,239.16
3	$27,372.71	$4,428.79	$378,810.37
4	$27,044.05	$4,757.45	$374,052.91
5	$26,690.99	$5,110.51	$368,942.41
6	$26,311.74	$5,489.76	$363,452.65
7	$25,904.34	$5,897.16	$357,555.49
8	$25,466.71	$6,334.79	$351,220.70
9	$24,996.60	$6,804.90	$344,415.80
10	$24,491.61	$7,309.89	$337,105.91
11	$23,949.14	$7,852.37	$329,253.54
12	$23,366.41	$8,435.09	$320,818.45
13	$22,740.43	$9,061.07	$311,757.38
14	$22,068.01	$9,733.49	$302,023.89
15	$21,345.68	$10,455.82	$291,568.07
16	$20,569.75	$11,231.75	$280,336.31
17	$19,736.23	$12,065.27	$268,271.04
18	$18,840.86	$12,960.64	$255,310.40
19	$17,879.04	$13,922.46	$241,387.95
20	$16,845.85	$14,955.65	$226,432.29
21	$15,735.98	$16,065.52	$210,366.78
22	$14,543.75	$17,257.75	$193,109.03
23	$13,263.04	$18,538.46	$174,570.57
24	$11,887.29	$19,914.21	$154,656.36
25	$10,409.45	$21,392.05	$133,264.31
26	$8,821.93	$22,979.57	$110,284.74
27	$7,116.60	$24,684.90	$85,599.84
28	$5,284.72	$26,516.78	$59,083.06
29	$3,316.90	$28,484.60	$30,598.46
30	$1,203.04	$30,598.46	$0.00

Download the schedule (CSV)

This week's mortgage rates

Monthly payment in Utah by home price (20% down, 7%, 30 years, 0.52% tax, $2,000 insurance)

Home price	Principal and interest	Property tax	Total
$240,000	$1,277	$103	$1,547
$370,000	$1,969	$159	$2,295
$490,000	$2,608	$211	$2,985
$730,000	$3,885	$314	$4,366
$980,000	$5,216	$421	$5,804

How this calculator works

As the mortgage calculator, with Utah's effective property tax rate from the Census Bureau's American Community Survey 2020–2024 5-year estimates: median taxes $2,525 ÷ median value $489,400.

Questions people ask

What is the mortgage payment on a median home in Utah?

On $489,400 with 20% down at 7% over 30 years: about $2,605 principal and interest and $210 of property tax, $2,982 a month with $2,000 a year of insurance.

What is the median home value in Utah?

$489,400 for owner-occupied homes (Census American Community Survey 2020–2024 5-year estimates), against $332,700 nationally.

How much is property tax in Utah?

The effective rate is 0.52%, a median $2,525 a year. See Utah's property tax page for every county we cover.

How much income do I need for a median Utah home?

Under the 28% guideline, about $127,796 a year for the payment above; Utah's median household income is $95,166.

Related calculators

Sources

Updated Sep 30, 2026 by the RateHerald team. The maths is tested against worked examples; report a problem.