The calculator below is pre-filled with Salt Lake County's own property tax rate and insurance average (expand "More options" to see or edit them) — not just Utah's statewide figures.

Salt Lake County at a glance

Effective property tax rate
0.51% of home value / year

Source via smartasset.com (as of 2026-08-20)

Median home price
$573,382

Source via redfin.com (as of 2026-08-20)

Homeowners insurance (avg/year)
$1,496

Source via moneygeek.com (as of 2026-08-28)

Conforming loan limit (1-unit, 2026)
$832,750

Source via fhfa.gov (as of 2026-08-20)

County data last updated 2026-08-28. FIPS 49035. Full source list on /methodology.

Salt Lake County, UT mortgage payment calculator

All-in cost first, always — pre-filled with Salt Lake County tax and insurance figures. Estimate only, not a loan quote or pre-approval.

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Rate via FRED

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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.