Arkansas Mortgage Calculator

Estimate your monthly payment in Arkansas — including property tax (0.64% effective rate), home insurance, and PMI. Pre-filled with Arkansas averages for 2026.

$
%

= $42,000 down

%
years
Estimated payment
Total monthly payment
$1,402
Principal & interest
$1,090
Property tax (0.64%)
$112
Home insurance
$200
Loan amount
$168,000
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Mortgage costs in Arkansas

Median home price
$210,000
Effective property tax
0.64%
Typical home insurance
$2,400/yr

The average Arkansas homeowner pays roughly $112/month in property tax on a median-priced home, plus about $200/month in home insurance. Property tax is billed by your county — actual rates vary from the state average, so check your county assessor's site for exact figures.

How much house can I afford in Arkansas?

A common rule is to keep total housing costs (PITI) under 28% of gross monthly income. At current rates, buying the median Arkansas home ($210,000) with 20% down requires roughly $60,070 in annual income.

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