How much house can I afford on $120,000 in Utah?
About $444,000 with 20% down ($351,000 with an FHA loan), using Utah's 0.5% property tax rate.
That is $88,584 less than the typical Utah home ($532,920), so on $120,000 you'd look at cheaper areas or a smaller home. The payment of $2,800 covers $2,391 principal and interest, $187 property tax and $222 insurance.
Counties in Utah you can afford on $120,000
13 of 28 counties have a typical home value at or below $444,000:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Kane County | $423,630 | +3.3% | 0.4% |
| Iron County | $409,337 | +2.4% | 0.41% |
| Sanpete County | $383,940 | +7.2% | 0.47% |
| Duchesne County | $371,261 | +5.0% | 0.61% |
| Daggett County | $366,031 | +5.0% | 0.46% |
| Uintah County | $356,398 | +4.4% | 0.51% |
| San Juan County | $355,310 | +3.3% | 0.8% |
| Millard County | $338,042 | +2.0% | 0.51% |
| Sevier County | $337,039 | +3.8% | 0.54% |
| Beaver County | $312,630 | +5.5% | 0.4% |
| Emery County | $296,446 | +4.6% | 0.62% |
| Carbon County | $279,151 | +2.2% | 0.61% |
| Garfield County | $251,435 | +3.1% | 0.35% |
Affordable metro areas
Assumes a 30-year fixed loan at 7.11%, property tax of 0.5% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in Utah
Frequently asked questions
How much house can I afford on $120,000 in Utah?
About $444,000 with 20% down at 7.11%, keeping the payment (with Utah's 0.5% property tax and insurance) under $2,800 a month.
Is $120,000 enough to buy a house in Utah?
Not the typical home: the typical Utah home is worth $532,920 (Zillow, September 2026) and $120,000 supports about $444,000. 13 of 28 counties are within budget.