Calculator

Mortgage Calculator

Estimate your monthly payment and total cost of homeownership.

Loan Details

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Down payment: 20.0% · Loan: $320,000

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Monthly Payment Breakdown

Monthly Payment

$2,076

Loan Amount

$320,000

Total Interest

$427,185

Total Cost

$747,185

Down Payment

20.0%

$80,000

Frequently Asked Questions

What is the current average mortgage rate in Utah?

As of early 2026, the average 30-year fixed mortgage rate in Utah is approximately 6.5–7.0%. Rates vary by lender, credit score, and loan type. Use this calculator to model different rate scenarios.

How much do I need to put down on a home in Utah?

Conventional loans typically require 3–20% down. FHA loans allow as little as 3.5% down. Putting 20% down avoids private mortgage insurance (PMI), which can save $100–$300/month.

What is included in a mortgage payment?

Your monthly payment typically includes principal, interest, property taxes (escrowed), and homeowner's insurance. HOA fees are separate. This calculator shows principal and interest only.

Ready to run the real numbers?

Let's talk about what you can afford and what's available in your target neighborhood.

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