Mortgage Rates in South Jordan, Utah — March 2026
Updated March 2026 | Based on South Jordan market data and regional lending conditions
South Jordan is a growing city in Utah with a population of 77,527. The current 30-year fixed mortgage rate in South Jordan is 6.68%, which is 0.03% above the national average. With a median home price of $545,000 and a 20% down payment of $109,000, homebuyers can expect a monthly principal and interest payment of approximately $2,808.
Current Mortgage Rates in South Jordan, UT
Below are the current average mortgage rates available in the South Jordan 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% |
South Jordan Housing Market Overview
The South Jordan housing market is competitive with prices well above the national median. The median household income in South Jordan is $102,250, and the cost of living index is 105.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $131,614 to comfortably afford the median-priced home in South Jordan, which exceeds the current median household income.
Monthly Payment Breakdown for South Jordan
Based on the median home price of $545,000 with 20% down ($109,000), here is what you can expect to pay monthly in South Jordan:
15-Year vs. 30-Year Mortgage in South Jordan
Choosing a 15-year mortgage in South Jordan at 5.92% instead of a 30-year at 6.68% would save you $352,080 in total interest over the life of the loan. However, your monthly payment would be $3,660 instead of $2,808 — an increase of $852 per month.
Calculate Your South Jordan 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 South Jordan
What are the current mortgage rates in South Jordan, UT?
As of March 2026, the average 30-year fixed mortgage rate in South Jordan, 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 South Jordan?
Based on the median home price of $545,000 with 20% down, the estimated monthly mortgage payment in South Jordan is $2,808 for principal and interest. Including property taxes of $263/month, the total monthly housing cost is approximately $3,071.
What income do I need to buy a home in South Jordan?
Using the 28% rule, you would need an annual income of approximately $131,614 to afford the median-priced home in South Jordan at $545,000. The median household income in South Jordan is $102,250. This means most households would need to either earn above the median or consider homes below $545,000.
Is South Jordan a good place to buy a home in 2026?
South Jordan has a moderate cost of living with a cost of living index of 105.5 (national average = 100). The property tax rate in Utah is 0.58%, which is below the national average. South Jordan has a population of 77,527 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 South Jordan, Utah area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.