Cedar Rapids, IA mortgage calculator

Cedar Rapids
Mortgage
Calculator

Cedar Rapids anchors eastern Iowa with a manufacturing and grain-processing economy along the Cedar River. Linn County's property tax rate is slightly below Des Moines's.

1.55% county property tax
Real local rates
No sign-up required
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$
Interest rate6.48%
Monthly payment
$1,283
P&I · Taxes · Insurance
Total interest
$193,148
Principal & Interest$959/mo
Property Tax (1.55%)$245/mo
Homeowners Insurance$79/mo

Recommended for incomes above $55k/yr (28% DTI rule)

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1.55%
Cedar Rapids area property tax rate
$190,000
Cedar Rapids median home price
$1,283
est. monthly payment at defaults

Cedar Rapids housing market

$190,000
Median home price
$58,000
Median household income
137,710
City population

The 1.55% property tax rate reflects the county-level effective rate for Cedar Rapids and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Iowa average — county-level data produces more accurate monthly payment estimates for Cedar Rapids buyers. Many Cedar Rapids properties also carry HOA fees — the area average is approximately $50/month, which is not included in the calculator above.

Rate history

FAQ

Frequently Asked Questions