The Utah home equity loan calculator estimate for a $50,000 home equity loan over 15 years at today's MonitorBankRates Utah average home equity loan rate of 8.11% is a monthly payment of about $481, with $36,560 in total interest, and on the median priced Utah home ($489,400) with a $269,000 first mortgage an 80% combined loan to value limit allows a home equity loan of up to about $122,500, verified by MonitorBankRates as of September 24, 2026.
Lenders serving Utah currently advertise home equity loan rates from 4.99% to 6.13% across the 5 offers listed below. This calculator starts from Utah numbers: the MonitorBankRates Utah average rate and the Census median home value are already filled in. Enter your own amount, term and mortgage balance, or click a verified lender rate in the panel below to see the payment at that offer. The same $50,000 as a HELOC at the Utah average of 6.87% costs about $286 a month interest only; see the Utah HELOC calculator.
Use the home value for a Utah city
Loads the median home value for the city into the equity check. The rate stays at the MonitorBankRates Utah average.
Utah Home Equity Loan Payment Estimator
Prefilled with the MonitorBankRates Utah average rate and the median Utah home value. Results update as you type.
Loan balance over time
Amortization schedule (yearly totals)
| Year | Principal Paid | Interest Paid | Ending Balance |
|---|
Current Utah Average Home Equity Loan Rates
Today's MonitorBankRates Utah averages first, then the lowest verified offer per term from lenders serving Utah. Click any rate to run it through the calculator.
Home Equity Loan Offers in Utah and the Payment on $50,000
Monthly payment on a $50,000 home equity loan at each lender's current rate and term, from rate sheets published by the lender and verified by MonitorBankRates.
- Compass Federal Credit UnionHome Equity Fixed 80% LTV, APR 4.990%4.990%$943 a month over 5 years
- American United Federal Credit UnionHome Equity Loan, APR 5.490%5.490%$408 a month over 15 years
- Granite Federal Credit UnionSecond Mortgage, APR 5.990%5.990%$966 a month over 5 years
- Utah Power Credit UnionHome Equity Loans, APR 6.000%6.000%$555 a month over 10 years
- Chartway Credit UnionHome Equity ARM Loan Options, APR 6.225%6.125%$425 a month over 15 years
Compare every home equity loan and HELOC, local banks and credit unions first, on the Utah home equity rates page.
View Your Utah Home Equity Loan Rate
Personalized home equity loan and HELOC quotes from lenders serving Utah.
What a Home Equity Loan Costs in Utah Right Now
| $50,000 home equity loan at the MonitorBankRates Utah average of 8.11% | Monthly | Total interest |
|---|---|---|
| 5 year term | $1,016 | $10,981 |
| 10 year term | $609 | $23,133 |
| 15 year term | $481 | $36,560 |
| 20 year term | $422 | $51,166 |
| 30 year term | $371 | $83,410 |
The Utah average of 8.11% is above the U.S. average of 6.75%, a difference of about $39 a month on a $50,000 loan over 15 years. The same $50,000 on a HELOC at the Utah average of 6.87% costs about $286 a month interest only during the draw period, but the rate moves with prime and the payment rises when repayment starts. Rates change daily; every figure on this page is recalculated when it loads from the current MonitorBankRates Utah average.
Home Equity Loan Payments by Amount in Utah
At the MonitorBankRates Utah average of 8.11%. The last column shows whether the amount fits under an 80% combined loan to value limit on the median Utah home with a $269,000 first mortgage.
| Loan amount | 10 year payment | 15 year payment | 15 year total interest | Fits 80% CLTV on the median home |
|---|---|---|---|---|
| $25,000 | $305 | $240 | $18,280 | Yes |
| $50,000 | $609 | $481 | $36,560 | Yes |
| $75,000 | $914 | $721 | $54,841 | Yes |
| $100,000 | $1,219 | $962 | $73,121 | Yes |
| $150,000 | $1,828 | $1,443 | $109,681 | No, max about $122,500 |
| $200,000 | $2,438 | $1,924 | $146,241 | No, max about $122,500 |
Home Equity in Utah
How much you can borrow. The median Utah home is worth about $489,400. A homeowner who still owes 55% of that value, $269,000, has $220,400 in equity, but lenders do not lend against all of it. At the 80% combined loan to value cap most Utah banks and credit unions use, the largest home equity loan is about $122,500; lenders that allow 85% go to about $147,000. Enter your own balance above for your figure.
Rate, term and payment. Home equity loan rates are fixed for the full term, so the payment never changes. Lenders in Utah price shorter terms lower; the panel above shows the lowest verified rate per term. Choose the shortest term whose payment fits, since a 10 year loan at 8.11% costs $609 a month on $50,000 but far less total interest than the 15 or 20 year options.
Home values and affordability. Utah scores 91.2 on the MBR Housing Affordability Index, ranking 36 of 51 states where 100 is the national average and higher is more affordable. Rising home values build the equity these loans draw on; see the Utah housing affordability page for the trend.
How to Use the Utah Home Equity Loan Calculator
- Start from the Utah defaults
The rate is today's MonitorBankRates Utah average and the home value is the state median. Pick a city above if we track one near you.
- Enter your amount and term
Type the lump sum you want and choose 5 to 30 years. Add closing costs if your lender charges them to see the APR.
- Click a verified lender rate
The panel lists the lowest current offer per term from lenders serving Utah. One click applies that rate and term.
- Check your equity
Enter your mortgage balance. The calculator shows your combined loan to value and the largest loan that fits under 80% and 85% limits.
Frequently Asked Questions About Home Equity Loans in Utah
What is the average home equity loan rate in Utah today?
The MonitorBankRates Utah average home equity loan rate is 8.11% as of September 24, 2026, and the average HELOC rate is 6.87%, computed every day from rates published by banks and credit unions lending in Utah. Individual lenders currently advertise rates from 4.99% to 6.13%, so compare offers on the Utah home equity rates page.
How much is the payment on a $50,000 home equity loan in Utah?
At the MonitorBankRates Utah average of 8.11%, a $50,000 home equity loan costs about $609 a month over 10 years, $481 over 15 years, or $422 over 20 years. Total interest over 15 years is about $36,560.
How much can I borrow against my home in Utah?
Most Utah lenders cap combined loan to value at 80%, some at 85% or 90%. On the median Utah home worth $489,400 with a $269,000 mortgage, that allows a home equity loan of up to about $122,500 at 80% or $147,000 at 85%. Lenders also check your credit score and debt to income ratio.
Home equity loan or HELOC in Utah?
A home equity loan pays a lump sum at a fixed rate with a fixed payment, best for one large expense. A HELOC is a revolving line at a variable rate tied to prime, best for spending spread over time. Today the MonitorBankRates averages are 8.11% for Utah home equity loans and 6.87% for HELOCs; $50,000 costs $481 a month as a 15 year loan versus $286 interest only on a HELOC. Existing HELOC rates change with the prime rate; home equity loan rates do not.
Are there closing costs on a home equity loan in Utah?
Many banks and credit unions waive closing costs on home equity loans, sometimes requiring the loan to stay open two or three years. Others charge 2% to 5% for the appraisal, title work and origination, which is $1,000 to $2,500 on a $50,000 loan. Enter the fees in the calculator to compare offers by APR.
What credit score do I need for a home equity loan?
Most lenders want a score of at least 620 to 680, with the best rates going to borrowers above 740. A lower score usually means a higher rate or a lower combined loan to value cap rather than an outright denial. Lenders also want a debt to income ratio under about 43% including the new payment.
Is home equity loan interest tax deductible?
Under current federal law, interest is deductible only when the loan is used to buy, build or substantially improve the home that secures it, and only if you itemize. Interest on a loan used to consolidate debt or pay other expenses is not deductible. Confirm with a tax professional.
Home Equity Loan Calculators for Other States
Each state page starts from that state's MonitorBankRates average rate and median home value. The national home equity loan calculator compares the payment at every state's average.
