Iowa Mortgage Calculator
Calculate your monthly mortgage payments in Iowa with our free calculator. Includes local property tax rates and insurance estimates.
IA Mortgage Calculator
Calculate monthly payments for Iowa properties
$60000.00
$4710.00 per year
$1050.00 per year
Payment Summary
Principal & Interest$1516.96
Property Tax$392.50
Home Insurance$87.50
Total Monthly Payment$1996.96
Loan Amount$240000.00
Total Interest$306106.77
Total Loan Payment$546106.77
Payoff Date1/21/2055
Iowa Quick Facts
- Average Property Tax Rate:
- 1.57%
- Average Home Insurance Rate:
- 0.35%
First-Time Home Buyer Programs in IA
Iowa offers several programs for first-time home buyers:
- FirstHome Program
- Military Homeownership Assistance Program
- Iowa Finance Authority Programs
- Down Payment Plus Program
Iowa Property Tax Rates by County
| County | Tax Rate | Median Home Value |
|---|---|---|
| Polk County | 1.65% | $215,000 |
| Linn County | 1.58% | $185,000 |
| Scott County | 1.52% | $195,000 |
| Johnson County | 1.61% | $265,000 |
| Black Hawk County | 1.68% | $155,000 |
| Woodbury County | 1.55% | $145,000 |
| Dubuque County | 1.49% | $185,000 |
| Story County | 1.63% | $225,000 |
| Dallas County | 1.57% | $315,000 |
| Pottawattamie County | 1.71% | $165,000 |
Iowa Mortgage Guide
Key considerations for Iowa mortgages:
- Higher property tax rates than national average
- Affordable housing market
- Strong first-time buyer assistance
- Various tax credits available
Related Resources
State Housing Resources
- Official Iowa Housing Authority
- State Property Tax Information
- First-Time Homebuyer Programs
Additional Calculators
- Property Tax Calculator
- Home Insurance Calculator
- Refinance Calculator
Data sources: State property tax records, county assessor offices, and local real estate data.
Last updated: 1/21/2025