United States · Utah

Utah mortgage calculator

Estimate your monthly payment in Utah — principal & interest, property tax, and insurance — using the live national average rate and Utah's estimated ~0.57% effective property tax rate. Adjust any figure below.

Affording a home in Utah

Very difficult

Median home price: $545,000
Income needed: $157,000; to qualify (28% rule, 20% down)
Typical household income: $82,000
Income gap: +$75,000

A median Utah home costs $545k and needs $75k more annual income than the typical household earns.

Data as of 2026-06-30. Sources: Zillow ZHVI, U.S. Census ACS, Splitero. Median is a statewide figure — expensive cities and more affordable rural areas vary widely.

Most Utah buyers combine two incomes — here's why

The typical Utah household earns $82,000/year. To buy a median-priced home, lenders generally want to see $157,000/year. That's a $75,000 gap — which is why many Utah buyers combine two incomes, choose a smaller first home, or put down a larger deposit to reduce the loan. None of these is the wrong choice; knowing the gap is the starting point.

The roles and income paths that commonly reach it in Utah are listed below — some single high-earning roles, some two incomes combined.

Roles and income paths that commonly meet the income in Utah

Software engineer
Engineer
Dual income essential
Tech sector employees

Pay varies widely by employer, experience, and city — these are paths that often (not always) reach the income needed, not a guarantee for any individual. Entries like “+ partner income” mean two incomes combined.

First-time buyer programs available in Utah

UHC FirstHome Loan
Score Loan
Utah Housing DPA

Programs and their terms change — verify current availability and eligibility with the official state housing agency before relying on any of these.

What makes Utah legally different for homebuyers

Utah prohibits deficiency judgments only if the foreclosure is judicial AND the lender elects not to pursue one in the same action. For the common nonjudicial path, deficiency judgments remain possible. Utah also has a uniquely high homeownership rate (70.3%) despite high home prices — driven by large family sizes and multi-generational housing.

If you buy here

Utah's income needed to buy ($157,000/year at 28% DTI) requires dual income or a high single income for most buyers. The state's Utah Housing programs (FirstHome, Score) offer down payment assistance worth researching before committing to any lender.

Foreclosure: nonjudicial, ~4 mo
Post-sale redemption: None
Anti-deficiency protection: No

General overview only — laws change and individual situations vary. Consult a real estate attorney for advice specific to your purchase. (Verified 2026-06-30.)

A clean, printable one-page summary — free, no account needed.

Loan details

Understanding your numbers before you sign.

A mortgage is likely the largest financial commitment of your life. The Mortgage Ledger was built so you can explore what that commitment actually looks like — payment by payment, line by line — before you're sitting across from a lender.

Rates sourced from FRED (Federal Reserve Bank of St. Louis). Estimates only — not a loan offer.

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