Mortgage Rates in Clearfield, Utah — March 2026
Updated March 2026 | Based on Clearfield market data and regional lending conditions
Clearfield is a growing city in Utah with a population of 32,239. The current 30-year fixed mortgage rate in Clearfield is 6.77%, which is 0.12% above the national average. With a median home price of $513,000 and a 20% down payment of $102,600, homebuyers can expect a monthly principal and interest payment of approximately $2,667.
Current Mortgage Rates in Clearfield, UT
Below are the current average mortgage rates available in the Clearfield area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.77% | 6.65% | +0.12% |
| 15-Year Fixed | 6.01% | 5.89% | +0.12% |
| 5/1 ARM | 6.26% | 6.15% | +0.11% |
| FHA | 6.51% | 6.25% | +0.26% |
| VA | 6.26% | 6.05% | +0.21% |
| Jumbo | 7.02% | 6.85% | +0.17% |
Clearfield Housing Market Overview
The Clearfield housing market is competitive with prices well above the national median. The median household income in Clearfield is $63,500, and the cost of living index is 102.2 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $125,314 to comfortably afford the median-priced home in Clearfield, which exceeds the current median household income.
Monthly Payment Breakdown for Clearfield
Based on the median home price of $513,000 with 20% down ($102,600), here is what you can expect to pay monthly in Clearfield:
15-Year vs. 30-Year Mortgage in Clearfield
Choosing a 15-year mortgage in Clearfield at 6.01% instead of a 30-year at 6.77% would save you $336,420 in total interest over the life of the loan. However, your monthly payment would be $3,465 instead of $2,667 — an increase of $798 per month.
Calculate Your Clearfield Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Clearfield
What are the current mortgage rates in Clearfield, UT?
As of March 2026, the average 30-year fixed mortgage rate in Clearfield, Utah is 6.77%, while the 15-year fixed rate is 6.01%. FHA loans average 6.51% and VA loans 6.26%. These rates are 0.12% above the national average of 6.65%.
How much is a monthly mortgage payment in Clearfield?
Based on the median home price of $513,000 with 20% down, the estimated monthly mortgage payment in Clearfield is $2,667 for principal and interest. Including property taxes of $257/month, the total monthly housing cost is approximately $2,924.
What income do I need to buy a home in Clearfield?
Using the 28% rule, you would need an annual income of approximately $125,314 to afford the median-priced home in Clearfield at $513,000. The median household income in Clearfield is $63,500. This means most households would need to either earn above the median or consider homes below $513,000.
Is Clearfield a good place to buy a home in 2026?
Clearfield has a moderate cost of living with a cost of living index of 102.2 (national average = 100). The property tax rate in Utah is 0.6%, which is below the national average. Clearfield has a population of 32,239 and offers a balanced lifestyle.
Mortgage Rates in Other Utah Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Clearfield, Utah area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.