Iowa Mortgage Calculator
Estimate the monthly PITI payment on a Iowa home. Preseeded with the state’s 1.50% effective property-tax rate, $2,000 average annual insurance, and $220,000 median home price.
Advanced Options
- Principal & Interest
- $1,112
- Property Taxes
- $275
- Home Insurance
- $167
Iowa Property Tax, Insurance & Home Prices
- Effective property-tax rate
- 1.50%
- Avg annual insurance
- $2,000
- Median home price
- $220,000
Statewide averages, last reviewed May 2026. Actual rates and premiums vary significantly by county, city, and parcel — see the notes below.
Notable Iowa Rules
Iowa's homestead credit reduces taxable value by $4,850 for primary residences. Property is reassessed every odd year. Hail and severe-weather claims drive insurance costs above the national median, especially in the central and western parts of the state.
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Frequently Asked Questions
- Iowa's statewide effective property-tax rate is approximately 1.50% of home value (last reviewed May 2026). Actual county- and city-level rates vary; check your specific parcel before budgeting.