State rules / Prepayment Penalty Rules
Iowa prepayment penalty rules
Iowa prohibits prepayment penalties on loans secured by real estate mortgages, including residential first-lien loans. No penalty or additional charge is allowed beyond the interest due for the period the borrower had use of the money. The lender may require up to 30 days' advance notice of prepayment.
Prepayment Penalty Rules in other states
- Georgia prepayment penalty rules
- Illinois prepayment penalty rules
- Indiana prepayment penalty rules
- Kansas prepayment penalty rules
- Kentucky prepayment penalty rules
- Louisiana prepayment penalty rules
- Compare all 44 states
Researched and verified against primary sources by AI, with the controlling citation above. Not human-reviewed and not legal advice — confirm against the cited source before relying on it. Last updated July 5, 2026.