Smart Move Des Moines | Navigation
📞 (563) 513-8771 | ✉️ [email protected] | 📲 Download app
Mortgage Calculator Des Moines | Estimate Your Monthly Payment | Smart Move DSM
Home › Tools › Mortgage Calculator
🏠 Free Calculator

Mortgage Payment Calculator

Estimate your monthly payment including principal, interest, taxes, insurance, and PMI — so you can shop Des Moines homes with confidence.

Calculate Your Payment

Enter your home price and loan details to see your estimated monthly PITI payment.

Loan Details
$
Des Moines metro median: $285K-$375K
%
Typical: 3-20% (under 20% requires PMI)
%
Annual mortgage rate
years
Common: 15 or 30 years
Taxes & Insurance
$/ yr
Iowa avg: 1.5-2% of home value
$/ yr
Typical: $1,000-$2,000/year
$/ mo
If applicable to property
% / yr
Applied if down payment < 20%

This calculator provides estimates for educational purposes only. Actual payments depend on your credit score, loan type, lender, and property specifics. Consult a licensed lender for accurate quotes.

📊

What's PITI?

Your mortgage payment includes Principal (loan balance), Interest (borrowing cost), Taxes (property taxes), and Insurance. Most lenders escrow taxes and insurance into your monthly payment.

🏠

Des Moines Property Taxes

Iowa property taxes average 1.5-2% of home value annually. For a $300K home, expect $4,500-$6,000/year ($375-$500/month) depending on your specific city and school district.

💰

Down Payment Options

You don't need 20% down! Conventional loans allow 3% down, FHA allows 3.5%. Iowa also offers first-time buyer assistance programs.

Sarah Ingles, REALTOR® SRES®

Sarah Ingles

REALTOR® SRES® | 10+ Years Insurance Expertise

Know your numbers before you shop! I help buyers understand not just their mortgage payment, but ALL the costs of homeownership. With my insurance background, I ensure you budget accurately for taxes, insurance, and maintenance.

📞 563-513-8771
✉️ [email protected]