Mortgage Rates in Pleasant Grove, Utah — March 2026
Updated March 2026 | Based on Pleasant Grove market data and regional lending conditions
Pleasant Grove is a growing city in Utah with a population of 38,935. The current 30-year fixed mortgage rate in Pleasant Grove is 6.76%, which is 0.11% 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 $2,332.
Current Mortgage Rates in Pleasant Grove, UT
Below are the current average mortgage rates available in the Pleasant Grove 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 | 6.76% | 6.65% | +0.11% |
| 15-Year Fixed | 5.99% | 5.89% | +0.1% |
| 5/1 ARM | 6.25% | 6.15% | +0.1% |
| FHA | 6.5% | 6.25% | +0.25% |
| VA | 6.25% | 6.05% | +0.2% |
| Jumbo | 7.01% | 6.85% | +0.16% |
Pleasant Grove Housing Market Overview
The Pleasant Grove housing market reflects moderate demand with prices near the national average. The median household income in Pleasant Grove is $68,800, and the cost of living index is 94.9 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $109,714 to comfortably afford the median-priced home in Pleasant Grove, which exceeds the current median household income.
Monthly Payment Breakdown for Pleasant Grove
Based on the median home price of $449,000 with 20% down ($89,800), here is what you can expect to pay monthly in Pleasant Grove:
15-Year vs. 30-Year Mortgage in Pleasant Grove
Choosing a 15-year mortgage in Pleasant Grove at 5.99% instead of a 30-year at 6.76% would save you $294,300 in total interest over the life of the loan. However, your monthly payment would be $3,029 instead of $2,332 — an increase of $697 per month.
Calculate Your Pleasant Grove 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 Pleasant Grove
What are the current mortgage rates in Pleasant Grove, UT?
As of March 2026, the average 30-year fixed mortgage rate in Pleasant Grove, Utah is 6.76%, while the 15-year fixed rate is 5.99%. FHA loans average 6.5% and VA loans 6.25%. These rates are 0.11% above the national average of 6.65%.
How much is a monthly mortgage payment in Pleasant Grove?
Based on the median home price of $449,000 with 20% down, the estimated monthly mortgage payment in Pleasant Grove is $2,332 for principal and interest. Including property taxes of $228/month, the total monthly housing cost is approximately $2,560.
What income do I need to buy a home in Pleasant Grove?
Using the 28% rule, you would need an annual income of approximately $109,714 to afford the median-priced home in Pleasant Grove at $449,000. The median household income in Pleasant Grove is $68,800. This means most households would need to either earn above the median or consider homes below $449,000.
Is Pleasant Grove a good place to buy a home in 2026?
Pleasant Grove offers a below-average cost of living with a cost of living index of 94.9 (national average = 100). The property tax rate in Utah is 0.61%, which is below the national average. Pleasant Grove has a population of 38,935 and offers a very affordable 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 Pleasant Grove, Utah area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.