Mortgage on a $150K house in Utah
$945 a month with 20% down — $807 principal and interest plus $63 property tax and $75 insurance.
Utah's typical property tax is 0.5% of the home's value a year (U.S. average 0.9%), which adds $63 a month on a $150K home. The typical home in Utah is worth $532,920, so $150K is 72% below the typical price.
$150K home in Utah: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $30,000 | $120,000 | $807 | $0 | $138 | $945 | $40,500 |
| 10% down | $15,000 | $135,000 | $908 | $56 | $138 | $1,102 | $47,200 |
| 5% down | $7,500 | $142,500 | $959 | $59 | $138 | $1,156 | $49,500 |
| 3.5% down (FHA) | $5,250 | $147,283 | $991 | $66 | $138 | $1,195 | $51,200 |
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.
Where in Utah does $150K buy a typical home?
No Utah county has a typical home value within 15% of $150K.
0 of 28 Utah counties tracked by Zillow have a typical home value at or below $150K. See all Utah home prices.
Other prices in Utah
Frequently asked questions
What is the mortgage on a $150K house in Utah?
About $945 a month with 20% down at 7.11%: $807 principal and interest, $63 property tax and $75 insurance.
How much do I need to make to buy a $150K house in Utah?
About $40,500 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $150K house in Utah?
At Utah's typical effective rate of 0.5%, about $756 a year. Rates vary by county and city — see the county pages.