Arkansas Mortgage Calculator
Estimate your monthly mortgage payment in Arkansas based on the state median home price of $195K, a 0.62% property tax rate, and $3K/year homeowners insurance.
$39,000
AR avg
Principal & Interest
$986
per month
Taxes & Insurance
$309
per month
Total Interest Paid
$199K
over 30 years
Total Loan Cost
$355K
all payments
Payment Breakdown
Loan Amount$156,000
Principal & Interest$986
Property Taxes$101
Homeowners Insurance$208
Total Monthly PITI$1,295
Arkansas Housing at a Glance
Median Home Price
$195K
Arkansas statewide
Property Tax Rate
0.62%
$101/mo on median
Avg Closing Costs
$3K
1.5% of purchase price
Homeowners Insurance
$2,500/yr
$208/mo
Arkansas First-Time Buyer Program
ADFA Down Payment Assistance
Down payment assistance: Up to $15,000 DPA