Compare Provo, UT mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Provo.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Provo. Plus, shopping lenders is free and there is no obligation.
August 10, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Provo. Understand how much you need to earn to afford a home in Provo, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Provo fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Provo is right for you.
The median home value for Provo, UT (Utah County) is $518,489
Based on current mortgage rates and a 10% down payment, you need to make $108,165 per year to buy the median priced home in Provo
With this income, you could qualify for a $466,640 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Provo is $2,505
The median household income for Provo, UT (Utah County) is $88,048
Based on this income, you can afford a home valued at approximately $422,057
The home price you can afford to buy based on household income in Provo is 81% of the median home value which means housing prices are expensive. Provo (Utah County) ranks 23 out of 29 counties in Utah and 2,991 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Provo, UT is expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Provo (Utah County) below.
Conforming loan limits for Provo, UT
FHA loan limits for Provo, UT