CALCMONEY // MORTGAGE // UT
Calculate your monthly mortgage payment using Utah-specific property tax rates, current average interest rates, and local median home prices.
Open Full Calculator$505,000
6.9%
0.63%
4.65% flat
How today's 6.9% rate compares to recent years
| Period | 30-Yr Rate | vs. Today |
|---|---|---|
| 2026 (current) | 6.9% | — |
| 2024 avg | 7.32% | -0.42% |
| 2023 avg | 7.75% | -0.85% |
| 2022 peak | 7.58% | -0.68% |
| 2021 avg | 3.50% | +3.40% |
| 2020 avg | 3.30% | +3.60% |
Rate estimates based on Freddie Mac Primary Mortgage Market Survey national averages adjusted for Utah market conditions. Actual rates vary by lender and borrower profile.
| Principal & Interest | $2,661 |
| Property Tax | $265 |
| Homeowners Insurance (est.) | $168 |
| Total Monthly Payment (PITI) | $3,094 |
$101,000
$553,868
$132,609/yr
Utah homebuyers face a $505,000 median price, 20% above the national figure. Against the state's $79,500 median household income, that's a 6.4x price-to-income ratio.
Property taxes in Utah average 0.63% of assessed value, below the 1.1% national average. On the median home, that's $3,182 a year, or $265 added to the monthly payment.
Unlike the nine no-income-tax states, Utah taxes wage income at 4.65% flat. Worth running your actual take-home pay against the $3,094/month payment here before locking in a target price.
Day-to-day expenses statewide track at 101 against the national 100 baseline, above average once you look past the mortgage payment itself.
Utah's median home price runs almost identical to New Jersey, both landing close to $505,000.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $404,000 loan saves $18,180 in interest over 30 years.
Compare Top Utah Mortgage LendersNew Jersey
$505,000 median
OROregon
$490,000 median
COColorado
$540,000 median
NHNew Hampshire
$470,000 median