Iowa City, IA mortgage calculator

Iowa City
Mortgage
Calculator

Iowa City is home to the University of Iowa and its major academic medical center, supporting steady student and healthcare-worker housing demand. Johnson County's property tax rate is the lowest among Iowa's major metros.

1.5% county property tax
Real local rates
No sign-up required
$
$
Interest rate6.48%
Monthly payment
$1,745
P&I · Taxes · Insurance
Total interest
$264,308
Principal & Interest$1,312/mo
Property Tax (1.5%)$325/mo
Homeowners Insurance$108/mo

Recommended for incomes above $75k/yr (28% DTI rule)

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1.5%
Iowa City area property tax rate
$260,000
Iowa City median home price
$1,745
est. monthly payment at defaults

Iowa City housing market

$260,000
Median home price
$62,000
Median household income
74,398
City population

The 1.5% property tax rate reflects the county-level effective rate for Iowa City 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 Iowa City buyers. Many Iowa City properties also carry HOA fees — the area average is approximately $150/month, which is not included in the calculator above.

Rate history

FAQ

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