Mortgage Rates in Sandy, Utah — March 2026
Updated March 2026 | Based on Sandy market data and regional lending conditions
Sandy is a growing city in Utah with a population of 96,904. The current 30-year fixed mortgage rate in Sandy is 6.68%, which is 0.03% above the national average. With a median home price of $485,000 and a 20% down payment of $97,000, homebuyers can expect a monthly principal and interest payment of approximately $2,499.
Current Mortgage Rates in Sandy, UT
Below are the current average mortgage rates available in the Sandy 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% |
Sandy Housing Market Overview
The Sandy housing market reflects moderate demand with prices near the national average. The median household income in Sandy is $82,250, 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 $117,129 to comfortably afford the median-priced home in Sandy, which exceeds the current median household income.
Monthly Payment Breakdown for Sandy
Based on the median home price of $485,000 with 20% down ($97,000), here is what you can expect to pay monthly in Sandy:
15-Year vs. 30-Year Mortgage in Sandy
Choosing a 15-year mortgage in Sandy at 5.92% instead of a 30-year at 6.68% would save you $313,380 in total interest over the life of the loan. However, your monthly payment would be $3,257 instead of $2,499 — an increase of $758 per month.
Calculate Your Sandy 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 Sandy
What are the current mortgage rates in Sandy, UT?
As of March 2026, the average 30-year fixed mortgage rate in Sandy, 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 Sandy?
Based on the median home price of $485,000 with 20% down, the estimated monthly mortgage payment in Sandy is $2,499 for principal and interest. Including property taxes of $234/month, the total monthly housing cost is approximately $2,733.
What income do I need to buy a home in Sandy?
Using the 28% rule, you would need an annual income of approximately $117,129 to afford the median-priced home in Sandy at $485,000. The median household income in Sandy is $82,250. This means most households would need to either earn above the median or consider homes below $485,000.
Is Sandy a good place to buy a home in 2026?
Sandy 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. Sandy has a population of 96,904 and offers a balanced lifestyle.
Mortgage Rates in Other Utah Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Sandy, Utah area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.