Arkansas Mortgage Calculator
Arkansas has the 14th-lowest effective property tax rate of the 50 states at 0.56% — $795 less a year than the 0.91% state average on a $227,000 home. Homeowners insurance averages $3,733 a year, the 11th-highest premium nationally and $1,013 more than the typical state.
All 75 Arkansas counties use the $832,750 baseline conforming limit for 2026, so any one-unit loan above it is a jumbo loan. FHA limits run from $541,287 to $832,750 by county.
On a $227,000 home, property tax and insurance add $417 a month in Arkansas, compared with $320 in Mississippi, $345 in Tennessee, $500 in Missouri, $567 in Oklahoma, $603 in Louisiana, $643 in Texas.
Loan Parameters
Total Monthly Payment
$1,903
Principal & Interest + Taxes + Insurance
APR 7.488%
Total Interest
$286,501
Total Cost
$653,182
Advanced Parameters
Private Mortgage Insurance (PMI)
Your down payment is below 20%. PMI is estimated at 0.72% annually and is removed here when your LTV reaches 80%.
Loan Summary
Payoff Date
Sep 2056
Interest / Principal
1.40x
Mortgage Insurance Ends
Feb 2035
50% Equity
Jul 2048
Amortization Schedule
| Period | Payment | Principal | Interest | PMI | Balance | Equity |
|---|---|---|---|---|---|---|
| Year 1 | $16,360 | $2,063 | $14,297 | $1,471 | $202,237 | $24,763 |
| Year 2 | $16,360 | $2,213 | $14,147 | $1,471 | $200,024 | $26,976 |
| Year 3 | $16,360 | $2,374 | $13,986 | $1,471 | $197,650 | $29,350 |
| Year 4 | $16,360 | $2,546 | $13,814 | $1,471 | $195,104 | $31,897 |
| Year 5 | $16,360 | $2,731 | $13,629 | $1,471 | $192,372 | $34,628 |
| Year 6 | $16,360 | $2,929 | $13,431 | $1,471 | $189,443 | $37,557 |
| Year 7 | $16,360 | $3,142 | $13,218 | $1,471 | $186,301 | $40,699 |
| Year 8 | $16,360 | $3,370 | $12,990 | $1,471 | $182,931 | $44,069 |
| Year 9 | $16,360 | $3,615 | $12,745 | $490 | $179,316 | $47,684 |
| Year 10 | $16,360 | $3,877 | $12,483 | — | $175,438 | $51,562 |
| Year 11 | $16,360 | $4,159 | $12,201 | — | $171,280 | $55,721 |
| Year 12 | $16,360 | $4,461 | $11,899 | — | $166,819 | $60,181 |
| Year 13 | $16,360 | $4,785 | $11,575 | — | $162,034 | $64,966 |
| Year 14 | $16,360 | $5,132 | $11,228 | — | $156,901 | $70,099 |
| Year 15 | $16,360 | $5,505 | $10,855 | — | $151,397 | $75,603 |
| Year 16 | $16,360 | $5,905 | $10,455 | — | $145,492 | $81,508 |
| Year 17 | $16,360 | $6,333 | $10,027 | — | $139,159 | $87,841 |
| Year 18 | $16,360 | $6,793 | $9,567 | — | $132,365 | $94,635 |
| Year 19 | $16,360 | $7,286 | $9,073 | — | $125,079 | $101,921 |
| Year 20 | $16,360 | $7,816 | $8,544 | — | $117,263 | $109,737 |
| Year 21 | $16,360 | $8,383 | $7,977 | — | $108,880 | $118,120 |
| Year 22 | $16,360 | $8,992 | $7,368 | — | $99,889 | $127,111 |
| Year 23 | $16,360 | $9,645 | $6,715 | — | $90,244 | $136,756 |
| Year 24 | $16,360 | $10,345 | $6,015 | — | $79,899 | $147,101 |
| Year 25 | $16,360 | $11,096 | $5,264 | — | $68,803 | $158,197 |
| Year 26 | $16,360 | $11,902 | $4,458 | — | $56,901 | $170,099 |
| Year 27 | $16,360 | $12,766 | $3,594 | — | $44,135 | $182,865 |
| Year 28 | $16,360 | $13,693 | $2,667 | — | $30,442 | $196,558 |
| Year 29 | $16,360 | $14,687 | $1,673 | — | $15,755 | $211,245 |
| Year 30 | $16,362 | $15,755 | $606 | — | $0 | $227,000 |
Arkansas mortgage data
- Typical home value
- $227,264
- Zillow ZHVI, August 31, 2026 (U.S. $368,697)
- Effective property tax rate
- 0.56%
- $1,271/yr on a $227,000 home
- Average homeowners insurance
- $3,733/yr
- $311/mo
- 2026 conforming loan limit
- $832,750
- 75 counties
- High-cost counties
- 0
- None — baseline limit statewide
- 2026 FHA loan limit (1-unit)
- $541,287 – $832,750
- Varies by county — confirm on HUD
- Current 30-yr / 15-yr fixed average
- 7.03% / 6.42%
- Freddie Mac PMMS, September 24, 2026
How much house can you afford in Arkansas?
Highest price where principal, interest, Arkansas property tax, insurance and PMI stay within 28% of gross income —10% down, 30-year fixed at 7.03%. Other debts lower these numbers.
| Household income | Housing budget / mo | Max home price | Down payment | vs typical home |
|---|---|---|---|---|
| $50,000 | $1,167 | $122,000 | $12,200 | 54% |
| $75,000 | $1,750 | $205,000 | $20,500 | 90% |
| $100,000 | $2,333 | $288,000 | $28,800 | 127% |
| $125,000 | $2,917 | $371,000 | $37,100 | 163% |
| $150,000 | $3,500 | $454,000 | $45,400 | 200% |
| $200,000 | $4,667 | $621,000 | $62,100 | 273% |
| $250,000 | $5,833 | $787,000 | $78,700 | 346% |
Arkansas mortgage payment by loan amount
30-year fixed at 7.03%, 20% down, with Arkansas property tax and insurance on the matching home price.
| Loan amount | P&I | Total / month | Income needed | Loan type |
|---|---|---|---|---|
| $150,000 mortgage | $1,001 | $1,400 | $60,000 | Conforming |
| $175,000 mortgage | $1,168 | $1,581 | $68,000 | Conforming |
| $200,000 mortgage | $1,335 | $1,762 | $76,000 | Conforming |
| $225,000 mortgage | $1,501 | $1,944 | $84,000 | Conforming |
| $250,000 mortgage | $1,668 | $2,125 | $92,000 | Conforming |
| $275,000 mortgage | $1,835 | $2,307 | $99,000 | Conforming |
| $300,000 mortgage | $2,002 | $2,488 | $107,000 | Conforming |
| $325,000 mortgage | $2,169 | $2,669 | $115,000 | Conforming |
| $350,000 mortgage | $2,336 | $2,851 | $123,000 | Conforming |
| $375,000 mortgage | $2,502 | $3,032 | $130,000 | Conforming |
| $400,000 mortgage | $2,669 | $3,214 | $138,000 | Conforming |
| $425,000 mortgage | $2,836 | $3,395 | $146,000 | Conforming |
| $450,000 mortgage | $3,003 | $3,577 | $154,000 | Conforming |
| $475,000 mortgage | $3,170 | $3,758 | $162,000 | Conforming |
| $500,000 mortgage | $3,337 | $3,939 | $169,000 | Conforming |
| $525,000 mortgage | $3,503 | $4,121 | $177,000 | Conforming |
| $550,000 mortgage | $3,670 | $4,302 | $185,000 | Conforming |
| $575,000 mortgage | $3,837 | $4,484 | $193,000 | Conforming |
| $600,000 mortgage | $4,004 | $4,665 | $200,000 | Conforming |
| $625,000 mortgage | $4,171 | $4,846 | $208,000 | Conforming |
| $650,000 mortgage | $4,338 | $5,028 | $216,000 | Conforming |
| $675,000 mortgage | $4,504 | $5,209 | $224,000 | Conforming |
| $700,000 mortgage | $4,671 | $5,391 | $232,000 | Conforming |
| $725,000 mortgage | $4,838 | $5,572 | $239,000 | Conforming |
| $750,000 mortgage | $5,005 | $5,753 | $247,000 | Conforming |
| $775,000 mortgage | $5,172 | $5,935 | $255,000 | Conforming |
| $800,000 mortgage | $5,339 | $6,116 | $263,000 | Conforming |
| $825,000 mortgage | $5,505 | $6,298 | $270,000 | Conforming |
| $850,000 mortgage | $5,672 | $6,479 | $278,000 | Jumbo |
| $875,000 mortgage | $5,839 | $6,661 | $286,000 | Jumbo |
| $900,000 mortgage | $6,006 | $6,842 | $294,000 | Jumbo |
| $925,000 mortgage | $6,173 | $7,023 | $302,000 | Jumbo |
| $950,000 mortgage | $6,340 | $7,205 | $309,000 | Jumbo |
| $975,000 mortgage | $6,506 | $7,386 | $317,000 | Jumbo |
| $1,000,000 mortgage | $6,673 | $7,568 | $325,000 | Jumbo |
| $1,100,000 mortgage | $7,341 | $8,293 | $356,000 | Jumbo |
| $1,200,000 mortgage | $8,008 | $9,019 | $387,000 | Jumbo |
| $1,300,000 mortgage | $8,675 | $9,745 | $418,000 | Jumbo |
| $1,400,000 mortgage | $9,342 | $10,470 | $449,000 | Jumbo |
| $1,500,000 mortgage | $10,010 | $11,196 | $480,000 | Jumbo |
Loan programs compared in Arkansas
$227,000 home, each program's typical minimum or default down payment, current average 30-year rate.
| Loan type | Down | Loan amount | Upfront fee | Monthly MI | Total / month | APR |
|---|---|---|---|---|---|---|
| Conventional | 10% · $22,700 | $204,300 | — | $123 PMI | $1,903 | 7.488% |
| FHA | 3.5% · $7,945 | $222,888 | UFMIP $3,833 | $102 MIP | $2,006 | 7.761% |
| VA | 0% · $0 | $231,881 | Funding fee $4,881 | $0 | $1,964 | 7.242% |
| JumboLoan is conforming (≤ $832,750) | 20% · $45,400 | $181,600 | — | $0 | $1,629 | 7.030% |
Frequently asked questions
What is the monthly mortgage payment on a $227,000 home in Arkansas?
$227,000 is the typical Arkansas home value. With 10% down on a conventional loan, the estimated payment is $1,903 per month ($1,363 principal & interest, $106 property tax, $311 insurance, $123 PMI) at 7.03% for 30 years, including Arkansas's 0.56% effective property tax rate.
What is the 2026 conforming loan limit in Arkansas?
$832,750 for a one-unit home in all 75 counties. Larger loans are jumbo loans.
How much income do I need for a $227,000 home in Arkansas?
About $82,000 a year if housing costs stay within 28% of gross income — a common lender guideline. Lenders also look at total debt-to-income, usually capped around 43%–50%.
How much house can I afford in Arkansas on a $100,000 salary?
About $288,000 with 10% down, keeping the payment (including Arkansas property tax, insurance and PMI) within 28% of gross income at 7.03%. The typical Arkansas home ($227,264) needs roughly $82,000 a year.
Explore related calculators
Arkansas calculators by loan type
Data sources & assumptions
- Freddie Mac Primary Mortgage Market Survey (PMMS) — Weekly average as of September 24, 2026
- Zillow Home Value Index (ZHVI), typical home value, all homes — Default home prices; typical value as of August 31, 2026
- FHFA 2026 Conforming Loan Limit Values (one-unit) — 2026 one-unit limits, 56 states & territories
- HUD FHA Mortgage Limits lookup — FHA floor $541,287; high-cost counties follow the conforming limit — confirm on HUD
- Effective statewide property tax rate (Tax Foundation, 2026 projections) — Statewide effective rate; county rates vary
- Average annual homeowners premium, $300K dwelling / $1K deductible (industry survey averages) — Statewide average premium
Estimates exclude lender origination fees, points and closing costs. See our methodology for formulas and limitations.