Mortgage Rates in Lehi, Utah — March 2026
Updated March 2026 | Based on Lehi market data and regional lending conditions
Lehi is a growing city in Utah with a population of 75,907. The current 30-year fixed mortgage rate in Lehi is 6.68%, which is 0.03% above the national average. With a median home price of $495,000 and a 20% down payment of $99,000, homebuyers can expect a monthly principal and interest payment of approximately $2,550.
Current Mortgage Rates in Lehi, UT
Below are the current average mortgage rates available in the Lehi 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 | 6.68% | 6.65% | +0.03% |
| 15-Year Fixed | 5.92% | 5.89% | +0.03% |
| 5/1 ARM | 6.18% | 6.15% | +0.03% |
| FHA | 6.28% | 6.25% | +0.03% |
| VA | 6.08% | 6.05% | +0.03% |
| Jumbo | 6.88% | 6.85% | +0.03% |
Lehi Housing Market Overview
The Lehi housing market reflects moderate demand with prices near the national average. The median household income in Lehi is $92,250, and the cost of living index is 102.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $119,529 to comfortably afford the median-priced home in Lehi, which exceeds the current median household income.
Monthly Payment Breakdown for Lehi
Based on the median home price of $495,000 with 20% down ($99,000), here is what you can expect to pay monthly in Lehi:
15-Year vs. 30-Year Mortgage in Lehi
Choosing a 15-year mortgage in Lehi at 5.92% instead of a 30-year at 6.68% would save you $319,500 in total interest over the life of the loan. However, your monthly payment would be $3,325 instead of $2,550 — an increase of $775 per month.
Calculate Your Lehi 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 Lehi
What are the current mortgage rates in Lehi, UT?
As of March 2026, the average 30-year fixed mortgage rate in Lehi, Utah is 6.68%, while the 15-year fixed rate is 5.92%. FHA loans average 6.28% and VA loans 6.08%. These rates are 0.03% above the national average of 6.65%.
How much is a monthly mortgage payment in Lehi?
Based on the median home price of $495,000 with 20% down, the estimated monthly mortgage payment in Lehi is $2,550 for principal and interest. Including property taxes of $239/month, the total monthly housing cost is approximately $2,789.
What income do I need to buy a home in Lehi?
Using the 28% rule, you would need an annual income of approximately $119,529 to afford the median-priced home in Lehi at $495,000. The median household income in Lehi is $92,250. This means most households would need to either earn above the median or consider homes below $495,000.
Is Lehi a good place to buy a home in 2026?
Lehi has a moderate cost of living with a cost of living index of 102.5 (national average = 100). The property tax rate in Utah is 0.58%, which is below the national average. Lehi has a population of 75,907 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 Lehi, Utah area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.