Mortgage on a $450K house in Utah
$2,836 a month with 20% down — $2,422 principal and interest plus $189 property tax and $225 insurance.
Utah's typical property tax is 0.5% of the home's value a year (U.S. average 0.9%), which adds $189 a month on a $450K home. The typical home in Utah is worth $532,920, so $450K is 16% below the typical price.
$450K home in Utah: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $90,000 | $360,000 | $2,422 | $0 | $414 | $2,836 | $121,500 |
| 10% down | $45,000 | $405,000 | $2,724 | $169 | $414 | $3,307 | $141,700 |
| 5% down | $22,500 | $427,500 | $2,876 | $178 | $414 | $3,468 | $148,600 |
| 3.5% down (FHA) | $15,750 | $441,849 | $2,972 | $199 | $414 | $3,585 | $153,700 |
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 $450K buy a typical home?
In these counties the typical home value is within 15% of $450K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Juab County | $451,055 | 0.45% | $2,815 |
| Wayne County | $446,206 | 0.34% | $2,774 |
| Weber County | $454,063 | 0.6% | $2,871 |
| Box Elder County | $445,062 | 0.49% | $2,829 |
| Cache County | $470,352 | 0.45% | $2,816 |
| Tooele County | $475,828 | 0.57% | $2,860 |
| Kane County | $423,630 | 0.4% | $2,796 |
| Iron County | $409,337 | 0.41% | $2,801 |
| Sanpete County | $383,940 | 0.47% | $2,822 |
15 of 28 Utah counties tracked by Zillow have a typical home value at or below $450K. See all Utah home prices.
Other prices in Utah
Frequently asked questions
What is the mortgage on a $450K house in Utah?
About $2,836 a month with 20% down at 7.11%: $2,422 principal and interest, $189 property tax and $225 insurance.
How much do I need to make to buy a $450K house in Utah?
About $121,500 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $450K house in Utah?
At Utah's typical effective rate of 0.5%, about $2,267 a year. Rates vary by county and city — see the county pages.