Mortgage Rates in Woods Cross, Utah — March 2026
Updated March 2026 | Based on Woods Cross market data and regional lending conditions
Woods Cross is a growing city in Utah with a population of 12,221. The current 30-year fixed mortgage rate in Woods Cross is 6.89%, which is 0.24% above the national average. With a median home price of $386,000 and a 20% down payment of $77,200, homebuyers can expect a monthly principal and interest payment of approximately $2,032.
Current Mortgage Rates in Woods Cross, UT
Below are the current average mortgage rates available in the Woods Cross 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 | 6.89% | 6.65% | +0.24% |
| 15-Year Fixed | 6.1% | 5.89% | +0.21% |
| 5/1 ARM | 6.33% | 6.15% | +0.18% |
| FHA | 6.57% | 6.25% | +0.32% |
| VA | 6.32% | 6.05% | +0.27% |
| Jumbo | 7.14% | 6.85% | +0.29% |
Woods Cross Housing Market Overview
The Woods Cross housing market reflects moderate demand with prices near the national average. The median household income in Woods Cross is $74,300, and the cost of living index is 99 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $95,229 to comfortably afford the median-priced home in Woods Cross, which exceeds the current median household income.
Monthly Payment Breakdown for Woods Cross
Based on the median home price of $386,000 with 20% down ($77,200), here is what you can expect to pay monthly in Woods Cross:
15-Year vs. 30-Year Mortgage in Woods Cross
Choosing a 15-year mortgage in Woods Cross at 6.1% instead of a 30-year at 6.89% would save you $259,380 in total interest over the life of the loan. However, your monthly payment would be $2,623 instead of $2,032 — an increase of $591 per month.
Calculate Your Woods Cross 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 Woods Cross
What are the current mortgage rates in Woods Cross, UT?
As of March 2026, the average 30-year fixed mortgage rate in Woods Cross, Utah is 6.89%, while the 15-year fixed rate is 6.1%. FHA loans average 6.57% and VA loans 6.32%. These rates are 0.24% above the national average of 6.65%.
How much is a monthly mortgage payment in Woods Cross?
Based on the median home price of $386,000 with 20% down, the estimated monthly mortgage payment in Woods Cross is $2,032 for principal and interest. Including property taxes of $190/month, the total monthly housing cost is approximately $2,222.
What income do I need to buy a home in Woods Cross?
Using the 28% rule, you would need an annual income of approximately $95,229 to afford the median-priced home in Woods Cross at $386,000. The median household income in Woods Cross is $74,300. This means most households would need to either earn above the median or consider homes below $386,000.
Is Woods Cross a good place to buy a home in 2026?
Woods Cross offers a below-average cost of living with a cost of living index of 99 (national average = 100). The property tax rate in Utah is 0.59%, which is below the national average. Woods Cross has a population of 12,221 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 Woods Cross, Utah area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.