Term Rate APR
15 year 4.000% 4.254%
20 year 4.375% 4.576%
30 year 4.500% 4.647%
USDA Rural Development Loans 4.500% 5.001%
Interest Rates current as of December 10, 2018. All rates are subject to change on a daily basis. APR is defined as Annual Percentage Rate. Iowa State Savings Bank is an Equal Housing Lender. Iowa State Savings Bank NMLSID #746592.


Please contact our lending staff for other terms and rates and to determine if you qualify.

Diane Wilson (NMLSID# 792707) Email: dwilson@issbank.com 

Estimated (sample) repayment schedule:  For a 30-year fixed rate mortgage with a 4.50% interest rate and a 4.649% annual percentage rate (APR), the payment schedule would be 360 monthly payments of $506.69.  Your APR will vary based on your final loan amount and finance charges. Taxes and Insurance are not included in the calculated APR. Payment amounts will vary based on the amount of taxes, insurance, and mortgage insurance if required.

The quoted annual percentage yields above are based on a $125,000 purchase price with a 20% down payment, and an $100,000 loan amount, with the exception of the USDA Rural Development Loan which is 100% financing.

If any of these fixed rate mortgage options don't meet your needs, Iowa State Savings Bank also offers a variety of in-house mortgage options to consider.  All loans are subject to credit approval.

Planning to purchase a home? Use our helpful mortgage calculators.