Des Moines, IA 15-Year Fixed Calculator

Pre-loaded with Des Moines's illustrative property tax assumption (1.51%) and median home price ($240,000). Get a personalized rate quote in 2 minutes — free.

DES MOINES, IA
$
$
%
%

Your payment$2,054/month
Principal & interest
$1,635.81
Property tax
$302.00
Homeowners insurance
$116.67
Loan amount$192,000
See your real rate for this payment

Your estimate: $2,054/month on a $240,000 home with $48,000 down. Request a free quote in about 2 minutes.

Ready to see your actual rate in Des Moines?

Request a personalized quote. No credit check is needed to use this estimator.

Des Moines market snapshot

Median Home Price
$240,000
Property Tax Rate
1.51%
Avg Monthly Payment
$2,054
Typical Down Payment
$48,000

15-Year Fixeds in Des Moines

The median home price in Des Moines is $240,000, with an average property tax rate of 1.51% in Des Moines area. A typical 15-year fixed 15-year fixed on a median-priced home in Des Moines with 20% down would result in an estimated monthly payment of $2,054, including principal, interest, and property taxes.

A 15-year fixed-rate mortgage builds equity twice as fast as a 30-year and typically carries a lower rate — but with a higher monthly payment.

Use the calculator above with Des Moines's illustrative defaults to model your own scenario, then tap Get My Free Rate Quote to compare offers from licensed lenders serving Iowa.

Nearby mortgage calculators

Loan types for Des Moines buyers

Frequently asked questions

Get your custom Des Moines, IA 15-year rate today

Takes about 2 minutes. Your request is shared with Mortgage Leads Co and its lender/broker partners.