Mortgage Rates in North Salt Lake, Utah — March 2026
Updated March 2026 | Based on North Salt Lake market data and regional lending conditions
North Salt Lake is a growing city in Utah with a population of 20,924. The current 30-year fixed mortgage rate in North Salt Lake is 6.85%, which is 0.2% above the national average. With a median home price of $449,000 and a 20% down payment of $89,800, homebuyers can expect a monthly principal and interest payment of approximately $2,354.
Current Mortgage Rates in North Salt Lake, UT
Below are the current average mortgage rates available in the North Salt Lake 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 | 6.85% | 6.65% | +0.2% |
| 15-Year Fixed | 6.07% | 5.89% | +0.18% |
| 5/1 ARM | 6.31% | 6.15% | +0.16% |
| FHA | 6.55% | 6.25% | +0.3% |
| VA | 6.3% | 6.05% | +0.25% |
| Jumbo | 7.1% | 6.85% | +0.25% |
North Salt Lake Housing Market Overview
The North Salt Lake housing market reflects moderate demand with prices near the national average. The median household income in North Salt Lake is $71,600, and the cost of living index is 100 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $110,829 to comfortably afford the median-priced home in North Salt Lake, which exceeds the current median household income.
Monthly Payment Breakdown for North Salt Lake
Based on the median home price of $449,000 with 20% down ($89,800), here is what you can expect to pay monthly in North Salt Lake:
15-Year vs. 30-Year Mortgage in North Salt Lake
Choosing a 15-year mortgage in North Salt Lake at 6.07% instead of a 30-year at 6.85% would save you $299,340 in total interest over the life of the loan. However, your monthly payment would be $3,045 instead of $2,354 — an increase of $691 per month.
Calculate Your North Salt Lake 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 North Salt Lake
What are the current mortgage rates in North Salt Lake, UT?
As of March 2026, the average 30-year fixed mortgage rate in North Salt Lake, Utah is 6.85%, while the 15-year fixed rate is 6.07%. FHA loans average 6.55% and VA loans 6.3%. These rates are 0.2% above the national average of 6.65%.
How much is a monthly mortgage payment in North Salt Lake?
Based on the median home price of $449,000 with 20% down, the estimated monthly mortgage payment in North Salt Lake is $2,354 for principal and interest. Including property taxes of $232/month, the total monthly housing cost is approximately $2,586.
What income do I need to buy a home in North Salt Lake?
Using the 28% rule, you would need an annual income of approximately $110,829 to afford the median-priced home in North Salt Lake at $449,000. The median household income in North Salt Lake is $71,600. This means most households would need to either earn above the median or consider homes below $449,000.
Is North Salt Lake a good place to buy a home in 2026?
North Salt Lake offers a below-average cost of living with a cost of living index of 100 (national average = 100). The property tax rate in Utah is 0.62%, which is below the national average. North Salt Lake has a population of 20,924 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 North Salt Lake, Utah area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.