Mortgage Refinance Rates in Davis County, Utah (2026)
For Davis County homeowners, the refinance question in 2026 is simple: on a $411,000 balance, a move from 7.50% down to 6.25% frees up roughly $343 every month — and equity near Davis County opens cash-out room too.
Davis County rate-and-term refinance
On a representative $411,000 loan in Davis County, the before-and-after looks like this:
| Payment | Per Month |
|---|---|
| Today (~7.50%) | $2,874 |
| Refinanced (~6.25%) | $2,531 |
| What you would save | $343 |
Figures assume a 30-year term and Utah escrows — your actual numbers move with your credit and loan size. Get alerts when rates drop.
Davis County refinance by loan size
How monthly savings scale with balance near Davis County:
| Balance | Now (~7.50%) | Refi (~6.25%) | Monthly Saved |
|---|---|---|---|
| $288,000 | $2,014 | $1,773 | $240 |
| $411,000 | $2,874 | $2,531 | $343 |
| $555,000 | $3,881 | $3,417 | $463 |
Davis County payment by interest rate
How the Davis County payment on $411,000 changes with the rate you lock:
| Rate | 30-yr P&I | 15-yr P&I |
|---|---|---|
| 5.50% | $2,334 | $3,358 |
| 5.75% | $2,398 | $3,413 |
| 6.00% | $2,464 | $3,468 |
| 6.25% | $2,531 | $3,524 |
| 6.50% | $2,598 | $3,580 |
| 6.75% | $2,666 | $3,637 |
| 7.00% | $2,734 | $3,694 |
A 15-year refinance of $411,000 near Davis County runs about $3,524/month versus $2,531 on a 30-year — a higher payment near Davis County but far less total interest over the life of the Davis County loan.
Davis County cash-out options
Need cash for a project near Davis County? An 80%-LTV cash-out refinance frees up about $72,200 of your Davis County equity in a single new loan.
| Cash-Out Figure | Amount |
|---|---|
| Appraised value (est.) | $604,000 |
| Balance you owe now | $411,000 |
| Max new loan at 80% LTV | $483,200 |
| Cash you could pull out | $72,200 |
In Davis County, Utah, property taxes average roughly 0.57% of value, so escrow on a $604,000 home adds about $287/month beyond principal and interest. A $411,000 balance sits near 68% loan-to-value, leaving about $193,000 in equity — room for a rate-and-term refinance now and a cash-out later around Davis County.
When a Davis County refinance becomes jumbo
Refinances up to $806,500 are conforming in Davis County for 2026; larger balances become jumbo refinances with stricter equity and reserve rules.
- Davis County value about $604,000 with a $411,000 balance (~68% LTV).
- Monthly savings near $343; break-even around month 30 on $10,275 of costs.
- Five-year net of about $10,315 and cash-out room near $72,200.
- Conforming limit $806,500; current equity roughly $193,000 near Davis County.
Never Miss a Rate Worth Refinancing For
Refinance rates move daily and the right dip can save hundreds a month. We will tell you the moment it makes sense.
Frequently Asked Questions
- What could a refinance save me in Davis County?
- On a typical $411,000 balance, moving from about 7.50% to 6.25% saves roughly $343/month in principal and interest. Your savings depend on your current rate, balance, and term.
- What is my cash-out limit in Davis County?
- Conventional cash-out refinances are capped at 80% of appraised value. On an estimated $604,000 Davis County home with a $411,000 balance, that is about $72,200 in available cash.
- When does a Davis County refinance turn jumbo?
- The 2026 conforming limit is $806,500 for a one-unit home (the national baseline). Refinances above that are jumbo loans.
- How fast do I break even in Davis County?
- Divide your closing costs (about $10,275 here) by your monthly savings. In this example you break even near month 30 — refinance only if you will keep the home past that.
- How much equity is in a typical Davis County-area home?
- On an estimated $604,000 value with a $411,000 balance, that is about $193,000 in equity — roughly 32%. A conventional cash-out requires you to keep 20%.
- Is now a good time to refinance in Davis County?
- A common rule of thumb: refinance when you can cut your rate by about 0.75 to 1% and stay past your break-even (near month 30 here). On a $411,000 Davis County balance, that move is worth roughly $343 a month.