2 minutes read ·

Utah Mortgage Calculator

The Utah Mortgage Calculator helps you estimate a monthly payment based on the home price, down payment, interest rate, loan term, property taxes, homeowners insurance, PMI, and HOA fees.

Mortgage details

Purchase price before your down payment.
Percent of the home price. Switch to dollars at any time.
Annual fixed rate. Enter your own estimate.
Loan Term
Fixed repayment period.
Automatically estimated at 0.5% of home price. This is an illustrative assumption, not a Utah tax rate.
Enter a yearly premium estimate.
Enter a monthly amount if applicable. This calculator does not determine or cancel PMI.
Enter monthly association dues if applicable.

Payment estimate

Estimated Monthly Payment$2,861.61Principal, interest, and entered costs

Monthly breakdown

Principal & Interest
—
Property Taxes
—
Homeowners Insurance
—
PMI
—
HOA
—

Payment composition

Loan summary

Loan amount
—
Down payment
—
Total loan interest
—
Total principal & interest
—
Estimated total over selected term
—

Amortization schedule

Principal and interest only. Other entered costs are excluded from these rows.

Swipe the table to see all columns.

Yearly loan amortization
YearPrincipalInterestEnding balance

How this estimate works

Assumes a fixed interest rate and equal scheduled monthly principal and interest payments over the selected term. Annual taxes and insurance are divided by 12, and the entered PMI and HOA amounts are added monthly. Dollar amounts shown are rounded to cents; amortization uses unrounded values and adjusts the final payment to clear the balance.

Annual property tax starts as an editable estimate of 0.5% of home price. This rate is an illustration, not an official or statewide Utah rate. The estimate updates with home price until you enter your own tax amount. Tax and insurance amounts can change. PMI is only the amount you enter and is assumed to continue for the selected term; it is not automatically calculated, reduced, or cancelled. The estimated total over the selected term excludes the down payment. The estimate excludes closing costs, utilities, maintenance, and other expenses. It is for planning, not a lender quote.

New to Utah?

If you are planning a move to Utah, the monthly mortgage estimate is one part of your housing budget. Consider what you may need for moving, setting up utilities, transportation, and maintaining your new home. Costs can vary by location and by the property you choose.

Our Financial Guide for New Utah Residents brings together resources to help you plan for those expenses and get established in the state.

As you compare homes, remember that property taxes and homeowners insurance can change, and your total housing cost may be higher than the principal and interest payment alone. For more detail, read the Utah State Tax Commission’s guide to residential property tax and the Consumer Financial Protection Bureau’s explanation of monthly mortgage payments.