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Iowa Affordability Calculator

Find out how much house you can afford in Iowa, where the median home price is $210K and the average property tax rate is 1.52%.

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You Can Afford
$293KStretching
Based on 28/36 rule with your income and debts
Conservative Target
$249K
15% below max
Max Monthly Housing
$1,983
28% of gross
Your DTI Ratio
33.6%
Within guidelines
Down Payment
17.1%
$50,000 saved
Budget Breakdown
Gross Monthly Income$7,083
28% Housing Limit$1,983
Existing Debts−$400
Available for Housing$1,983
Max Loan Amount$242,985
+ Down Payment+$50,000
Max Purchase Price$292,985

Iowa Housing at a Glance

Median Home Price
$210K
Iowa statewide
Property Tax Rate
1.52%
$266/mo on median
Avg Closing Costs
$2K
1.0% of purchase price
Homeowners Insurance
$1,800/yr
$150/mo
Iowa First-Time Buyer Program
IFA FirstHome
Down payment assistance: $2,500 grant
← All Iowa mortgage info

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