CALCMONEY // MORTGAGE // IA // SIOUX CITY
Calculate your monthly mortgage payment using Sioux City-specific property tax rates and local market data.
$175,000
6.95%
1.44%
82
| Principal & Interest | $927 |
| Property Tax | $210 |
| Homeowners Insurance (est.) | $58 |
| Total Monthly Payment (PITI) | $1,195 |
$35,000
$193,622
$51,217/yr
Sioux City homebuyers are working with a $175,000 median price point, 58% below the national figure. Against the $55,000 median household income in the area, that's a 3.2x multiple.
Property taxes in Sioux City run 1.44% of assessed value, above the 1.1% national average. On the median home, that's $2,520 a year, or $210 added to the monthly payment.
Iowa levies a state income tax on top of the $1,195/month this mortgage runs. Model your real after-tax take-home before deciding how much payment you can carry.
Sioux City's cost of living index is 82, below the 100 national baseline. That's on top of the housing numbers above, not instead of them.
Sioux City's median home price runs 22% lower than nearby Des Moines: $225,000 there versus $175,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $140,000 loan saves $6,300 in interest over 30 years.
Compare Top Sioux City Mortgage LendersDes Moines
$225,000 median
IACedar Rapids
$195,000 median
IADavenport
$185,000 median
IAIowa City
$265,000 median