The Utah down payment assistance calculator.

It estimates the full monthly payment for the Utah Housing two-loan structure: principal and interest on the FHA first mortgage, principal and interest on the assistance second mortgage, property taxes, homeowners insurance, FHA mortgage insurance, and any HOA dues. It also estimates your total closing costs and the cash you would bring to closing after the assistance and your earnest money are applied.

The calculator models an FHA first mortgage at 96.5 percent of the purchase price, with the upfront FHA mortgage insurance financed into that loan, alongside a second mortgage sized at up to 6 percent of the price. The second mortgage rate is set 1 percent above the first and capped at 8 percent. The second covers the 3.5 percent down payment and leaves roughly 2.5 percent of the price toward your closing costs. A seller concession reduces the size of that second, because you only borrow what the closing still needs.

Cash to close is your total estimated closing costs, less any seller concessions, less the portion of the second mortgage left over after the down payment, less any earnest money you have already paid. With no seller credit it lands between $2,500 and $4,500 on most purchases, depending on the price and your earnest money. It is an estimate, not a final figure; your Loan Estimate itemizes the real numbers.

The first mortgage is an FHA loan, so it cannot exceed the FHA loan limit for the county. The tool caps the purchase price at the point where the first mortgage would hit that limit and flags it, so the scenario stays within program rules. Adjust the price to explore options under the cap.

No. The first-mortgage rate is an editable assumption with a default that reflects a recent Utah Housing program reference, not an offer or a forecast. Your actual rate and eligibility depend on the program, your details, and current conditions. For numbers built around your situation, get in touch.

A seller concession is money the seller agrees to put toward your closing costs in the negotiated contract. Because the assistance second mortgage is sized to what your closing actually needs, a seller credit first reduces your cash to close, and once that reaches zero it shrinks the second mortgage instead. You borrow less, so the second mortgage payment drops as well. The credit is capped by the FHA ceiling as a percent of the purchase price and can never exceed your actual closing costs. If the credits cover everything, your earnest money comes back to you at closing rather than staying in the deal.

Yes. The web address updates as you change the fields, so the link in your browser bar always matches the numbers on screen. Copy it, bookmark it, or send it to someone and the calculator reopens with those exact figures. The Copy link button does the same in one click. Every value that arrives in a link is checked against the same limits the fields enforce, so an edited or mistyped link cannot produce an impossible estimate.