Mortgage Rates in Coralville, Iowa — March 2026
Updated March 2026 | Based on Coralville market data and regional lending conditions
Coralville is a growing city in Iowa with a population of 21,993. The current 30-year fixed mortgage rate in Coralville is 6.64%, which is 0.01% below the national average. With a median home price of $161,000 and a 20% down payment of $32,200, homebuyers can expect a monthly principal and interest payment of approximately $826.
Current Mortgage Rates in Coralville, IA
Below are the current average mortgage rates available in the Coralville area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.64% | 6.65% | -0.01% |
| 15-Year Fixed | 5.9% | 5.89% | +0.01% |
| 5/1 ARM | 6.18% | 6.15% | +0.03% |
| FHA | 6.44% | 6.25% | +0.19% |
| VA | 6.19% | 6.05% | +0.14% |
| Jumbo | 6.89% | 6.85% | +0.04% |
Coralville Housing Market Overview
The Coralville housing market offers relatively affordable housing compared to many major cities. The median household income in Coralville is $52,000, and the cost of living index is 81 (national average = 100). Based on the 28% affordability rule, the median income in Coralville is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Coralville
Based on the median home price of $161,000 with 20% down ($32,200), here is what you can expect to pay monthly in Coralville:
15-Year vs. 30-Year Mortgage in Coralville
Choosing a 15-year mortgage in Coralville at 5.9% instead of a 30-year at 6.64% would save you $102,960 in total interest over the life of the loan. However, your monthly payment would be $1,080 instead of $826 — an increase of $254 per month.
Calculate Your Coralville Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Coralville
What are the current mortgage rates in Coralville, IA?
As of March 2026, the average 30-year fixed mortgage rate in Coralville, Iowa is 6.64%, while the 15-year fixed rate is 5.9%. FHA loans average 6.44% and VA loans 6.19%. These rates are 0.01% below the national average of 6.65%.
How much is a monthly mortgage payment in Coralville?
Based on the median home price of $161,000 with 20% down, the estimated monthly mortgage payment in Coralville is $826 for principal and interest. Including property taxes of $204/month, the total monthly housing cost is approximately $1,030.
What income do I need to buy a home in Coralville?
Using the 28% rule, you would need an annual income of approximately $44,143 to afford the median-priced home in Coralville at $161,000. The median household income in Coralville is $52,000. The median income is currently sufficient to meet this threshold.
Is Coralville a good place to buy a home in 2026?
Coralville offers a below-average cost of living with a cost of living index of 81 (national average = 100). The property tax rate in Iowa is 1.52%, which is above the national average. Coralville has a population of 21,993 and offers a very affordable lifestyle.
Mortgage Rates in Other Iowa Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Coralville, Iowa area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.