Mortgage Calculator

Estimate your monthly payment with Utah's S.B. 240 property tax exemption.

Modified on September 7, 2026

Mortgage Payment Calculator

Estimate your monthly payment for a Utah home

Home Price

Down Payment (5.0%)

Interest Rate

Loan Term

Property Tax Rate

Home Insurance

$/year

HOA

$/month

S.B. 240 Primary Residence Exemption

Tax calculated on 55% of home value

Estimated Monthly Payment

$3,042

/month

Principal & Interest

$2,773

Property Tax

$120

Home Insurance

$150

Total Monthly$3,042

Total loan amount$427,500

Total interest over life of loan$570,692

Estimates only. Cory Salisbury and Salisbury Real Estate are licensed real-estate professionals with Simple Choice Real Estate — not a mortgage lender or broker. Every rate, payment, tax, and net figure here is an estimate for planning; confirm the numbers with a licensed lender and your own advisors before you rely on them. Assistance-program terms and rates change over time and may not be current.Cory Salisbury, Realtor · Simple Choice Real Estate · Equal Housing Opportunity