Mortgage Refinance Rates in Iron County, Utah (2026)
If you own in Iron County or elsewhere in Iron County, Utah, a refinance could cut your payment by around $280/month — the gap between a ~7.50% rate and today's example 6.25% on a $335,000 loan.
Refinance savings in Iron County
Here is how a rate-and-term refinance changes the monthly payment on a representative Iron County balance:
| Payment | Per Month |
|---|---|
| Today (~7.50%) | $2,342 |
| Refinanced (~6.25%) | $2,063 |
| What you would save | $280 |
Illustrative only; the rate you are quoted near Iron County depends on your credit, equity, and the day you lock. Get alerts when rates drop.
Three Iron County-area balances compared
How monthly savings scale with balance near Iron County:
| Balance | Now (~7.50%) | Refi (~6.25%) | Monthly Saved |
|---|---|---|---|
| $234,000 | $1,636 | $1,441 | $195 |
| $335,000 | $2,342 | $2,063 | $280 |
| $452,000 | $3,160 | $2,783 | $377 |
What each rate costs near Iron County
How the Iron County payment on $335,000 changes with the rate you lock:
| Rate | 30-yr P&I | 15-yr P&I |
|---|---|---|
| 5.50% | $1,902 | $2,737 |
| 5.75% | $1,955 | $2,782 |
| 6.00% | $2,008 | $2,827 |
| 6.25% | $2,063 | $2,872 |
| 6.50% | $2,117 | $2,918 |
| 6.75% | $2,173 | $2,964 |
| 7.00% | $2,229 | $3,011 |
A 15-year refinance of $335,000 near Iron County runs about $2,872/month versus $2,063 on a 30-year — a higher payment near Iron County but far less total interest over the life of the Iron County loan.
Cash-out refinance in Iron County
With values near $493,000, an 80% cash-out leaves about $59,400 available in Iron County after paying off the current $335,000 balance.
| Cash-Out Figure | Amount |
|---|---|
| Appraised value (est.) | $493,000 |
| Balance you owe now | $335,000 |
| Max new loan at 80% LTV | $394,400 |
| Cash you could pull out | $59,400 |
In Iron County, Utah, property taxes average roughly 0.57% of value, so escrow on a $493,000 home adds about $234/month beyond principal and interest. A $335,000 balance sits near 68% loan-to-value, leaving about $158,000 in equity — room for a rate-and-term refinance now and a cash-out later around Iron County.
When a Iron County refinance becomes jumbo
Refinances up to $806,500 are conforming in Iron County for 2026; larger balances become jumbo refinances with stricter equity and reserve rules.
- Iron County value about $493,000 with a $335,000 balance (~68% LTV).
- Monthly savings near $280; break-even around month 30 on $8,375 of costs.
- Five-year net of about $8,408 and cash-out room near $59,400.
- Conforming limit $806,500; current equity roughly $158,000 near Iron County.
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Frequently Asked Questions
- How much can I save refinancing in Iron County in 2026?
- On a typical $335,000 balance, moving from about 7.50% to 6.25% saves roughly $280/month in principal and interest. Your savings depend on your current rate, balance, and term.
- How much cash can I take out of my Iron County-area home?
- Conventional cash-out refinances are capped at 80% of appraised value. On an estimated $493,000 Iron County home with a $335,000 balance, that is about $59,400 in available cash.
- What is the conforming loan limit in Iron County for 2026?
- The 2026 conforming limit is $806,500 for a one-unit home (the national baseline). Refinances above that are jumbo loans.
- When does a refinance pay off in Iron County?
- Divide your closing costs (about $8,375 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 Iron County-area home?
- On an estimated $493,000 value with a $335,000 balance, that is about $158,000 in equity — roughly 32%. A conventional cash-out requires you to keep 20%.
- Is now a good time to refinance in Iron 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 $335,000 Iron County balance, that move is worth roughly $280 a month.