Mortgage Rates in South Jordan, Utah — April 2026
Updated April 2026 | Based on South Jordan market data and regional lending conditions
With a population of 77,527, South Jordan, Utah offers a cost of living close to the national average. The current 30-year fixed rate here is 6.68% (0.59% above the national average). The median home price of $545,000 translates to roughly $3,071/month with 20% down — requiring an income of about $131,614, which exceeds the local median of $102,250.
Whether you call it a 30-year mortgage, 30-year home loan, 30-year house loan, or 30-year mortgage loan, the underlying product is the same: a fixed-rate amortizing loan paid over 360 months. In South Jordan, UT, the current 30-year rate is 6.68%. Shorter terms (15-year fixed at 5.92% or 20-year fixed, typically priced between the 15- and 30-year) reduce total interest paid but increase monthly payments — see our 15-year vs 30-year comparison for the math. Government-backed options include FHA loans (6.28%) and VA loans (6.08%), often available at lower rates with reduced down payment requirements.
Current Mortgage Rates in South Jordan, UT
Below are the current average mortgage rates available in the South Jordan area as of April 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% | 6.09% | +0.59% |
| 15-Year Fixed | 5.92% | 5.58% | +0.34% |
| 5/1 ARM | 6.18% | 5.95% | +0.23% |
| FHA | 6.28% | 5.85% | +0.43% |
| VA | 6.08% | 5.65% | +0.43% |
| Jumbo | 6.88% | 6.25% | +0.63% |
South Jordan Housing Market Overview
South Jordan's housing market is competitive — median prices of $545,000 put it well above the national median of ~$400,000. Buyers here face higher barriers to entry, but the local economy (median household income: $102,250) may not fully support current asking prices.
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 April 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 0.59% above the national average of 6.09%.
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
Related Tools & Guides
📊 Sources & Methodology
- 30-yr/15-yr fixed rates: Freddie Mac Primary Mortgage Market Survey (PMMS), weekly national average adjusted for Utah regional spread.
- Median home price: $545,000 sourced from Redfin / Zillow real estate listings (2026 data).
- Property tax rate: 0.58% effective rate per Tax Foundation 2026 state property tax data.
- Median household income: $102,250 per US Census Bureau ACS 5-year estimate.
- Calculations: standard amortization formula M = P[r(1+r)^n] / [(1+r)^n − 1], with r = monthly rate, n = 360 months, P = loan amount (80% of home price).
Last updated: April 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.