Orem, UT Adjustable Rate Mortgage (ARM) Calculator

Pre-loaded with Orem's illustrative property tax assumption (0.58%) and median home price ($460,000). Get a personalized rate quote in 2 minutes — free.

OREM, UT
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Your payment$2,585/month
Principal & interest
$2,253.89
Property tax
$222.33
Homeowners insurance
$108.33
Loan amount$368,000
See your real rate for this payment

Your estimate: $2,585/month on a $460,000 home with $92,000 down. Request a free quote in about 2 minutes.

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Orem market snapshot

Median Home Price
$460,000
Property Tax Rate
0.58%
Avg Monthly Payment
$2,585
Typical Down Payment
$92,000

Adjustable Rate Mortgage (ARM)s in Orem

The median home price in Orem is $460,000, with an average property tax rate of 0.58% in Orem area. A typical 30-year fixed adjustable rate mortgage (arm) on a median-priced home in Orem with 20% down would result in an estimated monthly payment of $2,585, including principal, interest, and property taxes.

An ARM offers a lower fixed rate for an initial period (typically 5, 7, or 10 years), then adjusts annually based on a market index.

Use the calculator above with Orem's illustrative defaults to model your own scenario, then tap Get My Free Rate Quote to compare offers from licensed lenders serving Utah.

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