diff --git a/psbt/utils.go b/psbt/utils.go
index c002b57..494d040 100644
--- a/psbt/utils.go
+++ b/psbt/utils.go
@@ -301,6 +301,15 @@ func SumUtxoInputValues(packet *Packet) (int64, error) {
 			// the UTXO resides in.
 			utxOuts := in.NonWitnessUtxo.TxOut
 			txIn := packet.UnsignedTx.TxIn[idx]
+
+			// Check that utxOuts actually has enough space to
+			// contain the previous outpoint's index.
+			opIdx := txIn.PreviousOutPoint.Index
+			if opIdx >= uint32(len(utxOuts)) {
+				return 0, fmt.Errorf("input %d has malformed "+
+					"TxOut field", idx)
+			}
+
 			inputSum += utxOuts[txIn.PreviousOutPoint.Index].Value
 
 		default:
diff --git a/psbt/utils_test.go b/psbt/utils_test.go
index 8d6d2af..90593ff 100644
--- a/psbt/utils_test.go
+++ b/psbt/utils_test.go
@@ -53,6 +53,24 @@ func TestSumUtxoInputValues(t *testing.T) {
 	if sum != (1234 + 6543) {
 		t.Fatalf("unexpected sum, got %d wanted %d", sum, 1234+6543)
 	}
+
+	// Create a malformed packet where NonWitnessUtxo.TxOut does not
+	// contain the index specified by the PreviousOutPoint in the
+	// packet's Unsigned.TxIn field.
+	badOp := []*wire.OutPoint{{}, {Index: 500}}
+	malformedPacket, err := New(badOp, nil, 2, 0, []uint32{0, 0})
+	if err != nil {
+		t.Fatalf("could not create malformed packet: %v", err)
+	}
+	malformedPacket.Inputs[0].WitnessUtxo = &wire.TxOut{Value: 1234}
+	malformedPacket.Inputs[1].NonWitnessUtxo = &wire.MsgTx{
+		TxOut: []*wire.TxOut{{Value: 6543}},
+	}
+
+	_, err = SumUtxoInputValues(malformedPacket)
+	if err == nil {
+		t.Fatalf("expected sum of malformed packet to fail")
+	}
 }
 
 func TestTxOutsEqual(t *testing.T) {