CALCMONEY // MORTGAGE // AR // FAYETTEVILLE
Calculate your monthly mortgage payment using Fayetteville-specific property tax rates and local market data.
$295,000
6.95%
0.64%
88
| Principal & Interest | $1,562 |
| Property Tax | $157 |
| Homeowners Insurance (est.) | $98 |
| Total Monthly Payment (PITI) | $1,818 |
$59,000
$326,391
$77,908/yr
Buying the median home in Fayetteville means financing $295,000. Against the area's $62,000 median household income, that works out to a 4.8x price-to-income ratio.
Property taxes in Fayetteville run 0.64% of assessed value, below the 1.1% national average. On the median home, that's $1,888 a year, or $157 added to the monthly payment.
Arkansas levies a state income tax on top of the $1,818/month this mortgage runs. Model your real after-tax take-home before deciding how much payment you can carry.
Fayetteville's cost of living index is 88, below the 100 national baseline. That's on top of the housing numbers above, not instead of them.
Fayetteville's median home price runs 37% higher than nearby Little Rock: $215,000 there versus $295,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $236,000 loan saves $10,620 in interest over 30 years.
Compare Top Fayetteville Mortgage LendersLittle Rock
$215,000 median
ARFort Smith
$175,000 median
ARSpringdale
$255,000 median
ARJonesboro
$195,000 median