Iowa Interest Only Mortgage Rates
Updated: February 28, 2021
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Displaying rates for Mortgage Refinance in IA for $200,000
NMLS# 1168 License# MBK-2002-0 |
3.522%APR  30 Year Fixed |
3.500% Rate | $899/mo |
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NMLS# 2890 License# MBK-2004-0197 |
3.147%APR30 Year Fixed |
3.125% Rate | $857/mo |
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| PRODUCTS | RATES | +/- |
| 30 Year Fixed |
3.00%
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| 15 Year Fixed |
2.56%
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| 5/1 ARM |
4.56%
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Mortgage rates for Iowa go down to 3.00%
Sunday, February 28, 2021
Mortgage rates for Iowa on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Iowa is now at 4.56%.
Interest Only Rates in Iowa
When you buy a home in Iowa or refinance your existing mortgage with an interest only mortgage loan, you are taking out a 30-year mortgage, electing to pay "interest only" (instead of principal + interest) for a set period of time, such as 3, 5, 7 or 10 years. After the end of the "interest only period", the monthly payments readjust to include the principal, and the loan is re-amortized for the remaining years. Check out our main page on Interest Only Mortgage Rates.
Local Cities
Allendorf | Atlantic | Cedar Rapids | Davenport | Des Moines | Dubuque | Estherville | Harlan | Inwood | Iowa City | Keokuk | Mason City | Ottumwa | Shenandoah | Sioux City
