Compare Dubuque, IA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Dubuque.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Dubuque. Plus, shopping lenders is free and there is no obligation.
August 16, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Dubuque. Understand how much you need to earn to afford a home in Dubuque, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Dubuque fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Dubuque is right for you.
The median home value for Dubuque, IA is $196,253
Based on current mortgage rates and a 10% down payment, you need to make $32,155 per year to buy the median priced home in Dubuque
With this income, you could qualify for a $176,628 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Dubuque is $745
The median household income for Dubuque, IA is $67,206
Based on this income, you can afford a home valued at approximately $410,181
The home price you can afford to buy based on household income in Dubuque is 209% of the median home value which means housing prices are affordable. Dubuque ranks 93 out of 99 counties in Iowa and 1,548 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Dubuque, IA is affordable
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Dubuque below.
Conforming loan limits for Dubuque, IA
FHA loan limits for Dubuque, IA
VA loan limits for Dubuque, IA