Interferometric Synthetic aperture radar (InSAR) aided inertial navigation system (INS) is developed to introduce terrain elevation into registration, which gives out accumulated error of INS. Unwrapped InSAR interferogram plays a key role in previous InSAR/INS frameworks, while airborne and side-looking assumptions are usually made. However, phase unwrapping is time-consuming and high squint geometry with nonlinear trajectory is common for applications with InSAR/INS. In this article, a novel wrapped InSAR interferogram based positioning method for high-speed maneuverable platform is proposed. A novel back-projection based InSAR (BP-InSAR) signal model for slightly curved diving trajectory with high squint angle is firstly presented. Then process which generates phase gradient template from given DEM is presented, considering both the estimated and measured trajectories. Error analysis is also made to discuss the performance of the proposed method in single dual-channel observation. Finally, a sequential maximum likelihood estimator based on error analysis is implemented to deal with the remained uncertainty in single observation. Numerical experiments verify the proposed method and fully demonstrate the performance of it with curved trajectory and random errors in both position and attitude.