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Today's Mortgage Rates in Iowa

Get a Lower rate in Iowa whether you're buying, looking to get cash out of your home or lower your monthly mortgage payment.

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IA Mortgage Rate Insights

  • The 30-Year Conventional Mortgage rate is 6.250%.
  • The 30-Year Conventional Refinance rate is 6.375%.
  • Rates are current as of July 29, 2026.

Current Iowa Mortgage Rates

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Mortgage Rates Trend in Iowa

Historical rates shown for context only. See full disclosures below and current rates in the table above. View Legal Disclosures

What Affects Mortgage Rates in Iowa

Iowa mortgage pricing follows national lending markets rather than rates set by state borders. Your credit profile, loan structure, property details and other application factors can affect the pricing offered to you.

A mortgage quote for a home in Des Moines can differ from one for a property in rural Iowa when the borrower, property or loan details change.

When comparing lenders for a home purchase, look at both the interest rate and the annual percentage rate, or APR. The interest rate is the percentage charged for borrowing the principal. APR is a broader annualized measure that includes the interest rate plus certain loan costs.

Comparing both can help you identify differences between offers with similar interest rates but different qualifying costs.

You can review Iowa refinance rates if you're considering refinancing your current home loan.

Types of Mortgages Available in Iowa

Iowans buying a home can choose among several mortgage structures, while the amount borrowed determines whether conventional financing stays within Iowa's statewide conforming limit.

  • A conventional fixed-rate mortgage keeps the same interest rate for the full loan term. Your credit profile, down payment, property and other application details affect the terms available to you.

  • FHA loans in Iowa follow separate borrower and property requirements. FHA loan limits are set separately from conforming limits and are published county by county.

  • Eligible borrowers can compare Iowa VA loan rates. VA financing follows its own borrower and property requirements.

  • USDA loans combine borrower qualification with property eligibility and may apply when you are buying in an eligible rural part of Iowa.

  • An adjustable-rate mortgage can change after its initial rate period according to the loan terms. Review the adjustment schedule and how later changes could affect your payment.

  • A jumbo loan finances an amount above the applicable conforming limit. Iowa uses one statewide one-unit threshold for 2026, which is covered in the next section.

Buyers entering the market for the first time can compare first-time homebuyer loan options in Iowa.

Mortgage insurance treatment depends on the loan program, so include mortgage insurance requirements by loan type when estimating the full payment.

2026 Conforming and Jumbo Loan Limits in Iowa

All 99 counties in Iowa use the same $832,750 one-unit conforming loan limit for 2026. The Federal Housing Finance Agency, or FHFA, sets conforming loan limits annually.

A one-unit mortgage above $832,750 falls into the jumbo category anywhere in Iowa. The threshold applies to the amount borrowed rather than the home's purchase price, so a higher-priced home can still use conforming financing when the mortgage itself stays within the limit.

Buyers borrowing above $832,750 can compare Iowa jumbo loan rates. Because the same one-unit limit applies across all 99 counties, there is no county-level conforming table to check.

These are 2026 limits for one-unit properties. Limits for two-, three- and four-unit properties are higher. The FHFA publishes annual conforming loan limit values by county and property size.

FHA financing uses a separate limit system. FHA loan limits in Iowa are set separately from conforming limits and are published county by county. The VA does not impose a loan limit for eligible borrowers with full entitlement. Lenders may still apply their own underwriting and loan-size requirements, and Iowa VA loan rates are published separately.

Iowa Mortgage Payment Examples By Rate

Iowa's payment examples extend to an $800,000 mortgage, which remains below the statewide $832,750 one-unit conforming limit for 2026. The table shows principal-and-interest payments across the supplied loan amounts and rates. Use the Iowa mortgage payment calculator to test a different loan amount or other mortgage details.

Loan Amount 5.50% 5.75% 6.00% 6.25% 6.50%
$800,000 $4,542 $4,669 $4,796 $4,926 $5,057
$700,000 $3,975 $4,085 $4,197 $4,310 $4,424
$600,000 $3,407 $3,501 $3,597 $3,694 $3,792
$500,000 $2,839 $2,918 $2,998 $3,079 $3,160
$400,000 $2,271 $2,334 $2,398 $2,463 $2,528
$300,000 $1,703 $1,751 $1,799 $1,847 $1,896

The figures cover principal and interest only. Property taxes, homeowners insurance, mortgage insurance, association fees and other costs are not included.

Iowa Mortgage FAQs

Are there homebuyer assistance programs in Iowa?

The Iowa Finance Authority provides information about available homebuyer programs, eligibility and application requirements.

What is the conforming loan limit in Iowa for 2026?

Every county in Iowa uses a 2026 one-unit conforming loan limit of $832,750. A one-unit mortgage above $832,750 falls into the jumbo category statewide.

How can I get a lower mortgage rate?

Your credit profile, debt load and down payment can affect the pricing offered to you. Compare mortgage offers using APR as well as the interest rate. Temporary rate buydowns and seller concessions can also affect the cost or payment structure of a transaction. Compare the complete terms of the offers you receive.

How will property taxes and insurance in Iowa
affect my mortgage payment?

Property taxes and homeowners insurance are usually collected monthly when your mortgage uses an escrow account. The lender holds those amounts until the bills are due, so the full monthly payment exceeds principal and interest alone. Review escrow requirements by loan type and property taxes by state and county when estimating these costs.

Find Out Why Iowans Love Lower

Don't take our word for it. We've got 50,000 five-star reviews and counting. Read what real customers have to say.
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5.0

Phil went above and beyond to provide personalized advice and took the time to think outside of the box to get us the best situation possible

Meredith W.

Verified Customer

August 9, 2026

5.0

Patrick was cool and level headed throughout the entire process. Other mortgage brokers we looked into were not vary informative, an communication was almost non existent. That was not the case with Patrick and his team! They were there to help though out every step of the process..couldn't recommend them more!!

Blake H.

Verified Customer

August 3, 2026

5.0

Rick makes the loan process so easy. He is very communicative and positive in every interaction. This is our second time using Rick for a mortgage and he is great!

Robin T.

Verified Customer

June 19, 2026

5.0

It was an easy process and your team was very knowledgeable.

Rhonda P.

Verified Customer

May 26, 2026

5.0

My husband and I had an excellent experience with Jill Taylor. She was professional, knowledgeable, welcoming, and attentive throughout our interaction. She took the time to listen to our questions, explain the lending process clearly, and make sure we understood our options. Bradley and I truly appreciate her patience, communication, and willingness to provide helpful guidance. This experience left my husband and I feeling valued, respected, and confident in moving forward. We were treated with kindness, patience, and understanding throughout the entire process. This was my first buying a home, so I was so blessed with getting to work with Jill Taylor. Jill maintains an inspiring positive attitude and has very effective communication skills. She was so kind to us and it was evident based on the compassion she showed us. We respect Jill as she is honest, responsible, dependable, and shows integrity. EXCELLENT EXPERIENCE - I hope this is shared with others. Thank you, Jill!! Sincerely, Bradley and Regina Barnard

Regina B.

Verified Customer

August 14, 2026

5.0

Everyone was very attentive and detailed when helping me through my home buying process. Terry, Melanie, & Cassi help make my first time home buying process a brezze. I will definitely recommend anyone looking to purchase a home to work with this amazing group of people - you will not regret it!

Morgan R.

Verified Customer

July 27, 2026

5.0

very helpful and answered any questions we had.

Ryan S.

Verified Customer

July 8, 2026

5.0

It has been a pleasure working with Joe. When experience matters it makes everyone’s life easier.

Zohrab S.

Verified Customer

June 1, 2026

5.0

Kelli went the extra mile to educate me on the home buying process. She made sure I was comfortable with my decision and provided me with excellent guidance. Thank you so much for all your hard work, Kelli!! Much appreciated!!

Stephanie M.

Verified Customer

July 10, 2026

5.0

Very detailed and time oriented.

Victor W.

Verified Customer

July 17, 2026

5.0

very smooth process! Marc is great to work wit!

Kristie L.

Verified Customer

June 17, 2026

5.0

Dug and his team were patient with me. As a military man, I appreciate the details, and these people covered them so that no snagged could be pulled. Thanks Dug.

Paul W.

Verified Customer

June 1, 2026

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