How much house can I afford in Utah?

All-in cost first, always. Estimate only — not a loan quote or pre-approval.

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Utah at a glance

Median home price
$534,300
Typical closing costs
2%–4% of price
Transfer tax
None
Closing custom
escrow
Homestead exemption
Utah does not have a traditional dollar-value homestead exemption. Instead it exempts 45% of a primary residence's fair market value from property taxation statewide (only 55% of value is taxed) via the Primary Residential Exemption — this is the main driver of Utah's low effective property tax rate relative to its nominal/nominal-value tax rates. Generally applies to a residence and up to 1 acre of land; second homes, rentals, and vacant land do not qualify. Most counties require a one-time application/affidavit confirming primary-residence status when a home changes hands or use changes, though the exemption itself, once on file, does not need to be renewed annually in most counties — exact administrative process (initial application vs. fully automatic) varies slightly by county assessor; confirm with your county assessor's office.

First-time buyer / down payment assistance programs

  • Utah Housing Corporation FirstHome Loan

    Utah Housing Corporation's (the state's Housing Finance Agency) below-market-rate 30-year fixed first mortgage for qualifying homebuyers statewide, available through Participating Lenders, often paired with a Down Payment Assistance second mortgage. Income and maximum acquisition (purchase) price limits vary by county grouping.

  • Utah Housing First-time Homebuyer Assistance Program (SB240)

    State-legislature-funded (2023 SB240) program offering up to $20,000 in 0%-interest, no-monthly-payment down payment/closing-cost/rate-buydown assistance for first-time buyers purchasing a newly constructed, not-yet-inhabited home, paired with any Utah Housing first mortgage. Assistance is repayable (lesser of amount received or 50% of home equity gain) upon sale or refinance.

Continue calculating

Mortgage payment calculator

Estimated all-in monthly payment for a home price you have in mind.

First-time buyer programs

Check which down payment assistance programs you likely qualify for.

Take-home pay calculator

What actually reaches your account after federal tax, FICA, and your state's own brackets — with local income tax disclosed rather than guessed at.

Related reading

Closing Costs in Utah: What You'll Actually Pay

9 min read

Utah's median sale price is $534,300, but the state's tax on transferring the deed is $0. Here's what closing on a Utah home actually costs in 2026.

What Is PMI, and How Do You Get Rid of It?

15 min read

Private mortgage insurance explained in plain English — what it costs, why it exists, the exact federal rules for cancelling it, and how to work out the month your PMI is scheduled to end.

Guides & templates

Buying a Home With Someone Else

$4.99

The operational guide to buying property with a partner, friend, sibling, or parent — credit and DTI mechanics, title vesting, a clause-by-clause co-ownership agreement, and how the exit actually works.

The First-Time Buyer's Playbook: 12 Months to Closing Day

$4.99

A month-by-month plan for the year before you buy: what to do in each phase, what never to touch, how to document every dollar, and how to survive closing day.