CALCMONEY // MORTGAGE // AR
Calculate your monthly mortgage payment using Arkansas-specific property tax rates, current average interest rates, and local median home prices.
Open Full Calculator$225,822
6.76%
0.56%
2%–3.9%
How today's 6.76% rate compares to recent years
| Period | 30-Yr Rate | vs. Today |
|---|---|---|
| 2026 (current) | 6.76% | — |
| 2024 avg | 7.18% | -0.42% |
| 2023 avg | 7.61% | -0.85% |
| 2022 peak | 7.44% | -0.68% |
| 2021 avg | 3.36% | +3.40% |
| 2020 avg | 3.16% | +3.60% |
Rate estimates based on Freddie Mac Primary Mortgage Market Survey national averages adjusted for Arkansas market conditions. Actual rates vary by lender and borrower profile.
| Principal & Interest | $1,173 |
| Property Tax | $105 |
| Homeowners Insurance (est.) | $75 |
| Total Monthly Payment (PITI) | $1,354 |
$45,164
$241,602
$58,011/yr
Arkansas homebuyers face a $225,822 median price, 46% below the national figure. Against the state's $62,106 median household income, that's a 3.6x price-to-income ratio.
At a 0.56% average effective rate, Arkansas property taxes add $105 to the monthly payment on the median home, $1,265 a year statewide.
Unlike the nine no-income-tax states, Arkansas taxes wage income at 2%–3.9%. Worth running your actual take-home pay against the $1,354/month payment here before locking in a target price.
Beyond housing, Arkansas's cost of living index sits at 90 (national average = 100), running below the national baseline for groceries, transportation, and healthcare.
Arkansas's median home price runs 1% higher than Oklahoma: $223,612 there versus $225,822 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $180,658 loan saves $8,130 in interest over 30 years.
Compare Top Arkansas Mortgage Lenders