Mortgage on a $600K house in Utah
$3,781 a month with 20% down — $3,229 principal and interest plus $252 property tax and $300 insurance.
Utah's typical property tax is 0.5% of the home's value a year (U.S. average 0.9%), which adds $252 a month on a $600K home. The typical home in Utah is worth $532,920, so $600K is 13% above the typical price.
$600K home in Utah: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $120,000 | $480,000 | $3,229 | $0 | $552 | $3,781 | $162,000 |
| 10% down | $60,000 | $540,000 | $3,633 | $225 | $552 | $4,410 | $189,000 |
| 5% down | $30,000 | $570,000 | $3,834 | $238 | $552 | $4,624 | $198,200 |
| 3.5% down (FHA) | $21,000 | $589,133 | $3,963 | $265 | $552 | $4,780 | $204,900 |
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 $600K buy a typical home?
In these counties the typical home value is within 15% of $600K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Rich County | $578,199 | 0.26% | $3,657 |
| Grand County | $568,599 | 0.41% | $3,735 |
| Salt Lake County | $567,330 | 0.54% | $3,799 |
| Davis County | $553,103 | 0.53% | $3,793 |
| Utah County | $540,291 | 0.44% | $3,749 |
| Washington County | $524,987 | 0.42% | $3,740 |
25 of 28 Utah counties tracked by Zillow have a typical home value at or below $600K. See all Utah home prices.
Other prices in Utah
Frequently asked questions
What is the mortgage on a $600K house in Utah?
About $3,781 a month with 20% down at 7.11%: $3,229 principal and interest, $252 property tax and $300 insurance.
How much do I need to make to buy a $600K house in Utah?
About $162,000 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $600K house in Utah?
At Utah's typical effective rate of 0.5%, about $3,023 a year. Rates vary by county and city — see the county pages.