Iowa Mortgage Calculator

Calculate your monthly mortgage payment using Iowa's average home price and property tax rate. Pre-filled with current Iowa data.

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Loan Details

$
0%50%

Estimated Monthly Payment

$1,503

Principal, Interest, Taxes, Insurance

Payment Breakdown

Principal & Interest$1,200
Property Tax (1.23%)$243
Homeowners Insurance$59
Total$1,503/mo

Loan Summary

Loan Amount$189,886
Total Interest Paid$242,189
Total Cost (P+I)$432,074
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Iowa Mortgage Notes

The average home price in Iowa is $237,357. This calculator uses Iowa's average property tax rate of 1.23%.

The FHA loan limit in Iowa is $472,030. If you're using the 3.5% FHA down payment option, ensure your loan amount stays within this limit.

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