Mortgage Rates in Cabot, Arkansas — March 2026
Updated March 2026 | Based on Cabot market data and regional lending conditions
Cabot is a growing city in Arkansas with a population of 26,352. The current 30-year fixed mortgage rate in Cabot is 6.5%, which is 0.15% below the national average. With a median home price of $220,000 and a 20% down payment of $44,000, homebuyers can expect a monthly principal and interest payment of approximately $1,112.
Current Mortgage Rates in Cabot, AR
Below are the current average mortgage rates available in the Cabot area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.5% | 6.65% | -0.15% |
| 15-Year Fixed | 5.74% | 5.89% | -0.15% |
| 5/1 ARM | 6% | 6.15% | -0.15% |
| FHA | 6.1% | 6.25% | -0.15% |
| VA | 5.9% | 6.05% | -0.15% |
| Jumbo | 6.7% | 6.85% | -0.15% |
Cabot Housing Market Overview
The Cabot housing market offers relatively affordable housing compared to many major cities. The median household income in Cabot is $58,000, and the cost of living index is 86 (national average = 100). Based on the 28% affordability rule, the median income in Cabot is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Cabot
Based on the median home price of $220,000 with 20% down ($44,000), here is what you can expect to pay monthly in Cabot:
15-Year vs. 30-Year Mortgage in Cabot
Choosing a 15-year mortgage in Cabot at 5.74% instead of a 30-year at 6.5% would save you $137,340 in total interest over the life of the loan. However, your monthly payment would be $1,461 instead of $1,112 — an increase of $349 per month.
Calculate Your Cabot Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Cabot
What are the current mortgage rates in Cabot, AR?
As of March 2026, the average 30-year fixed mortgage rate in Cabot, Arkansas is 6.5%, while the 15-year fixed rate is 5.74%. FHA loans average 6.1% and VA loans 5.9%. These rates are 0.15% below the national average of 6.65%.
How much is a monthly mortgage payment in Cabot?
Based on the median home price of $220,000 with 20% down, the estimated monthly mortgage payment in Cabot is $1,112 for principal and interest. Including property taxes of $106/month, the total monthly housing cost is approximately $1,218.
What income do I need to buy a home in Cabot?
Using the 28% rule, you would need an annual income of approximately $52,200 to afford the median-priced home in Cabot at $220,000. The median household income in Cabot is $58,000. The median income is currently sufficient to meet this threshold.
Is Cabot a good place to buy a home in 2026?
Cabot offers a below-average cost of living with a cost of living index of 86 (national average = 100). The property tax rate in Arkansas is 0.58%, which is below the national average. Cabot has a population of 26,352 and offers a very affordable lifestyle.
Mortgage Rates in Other Arkansas Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Cabot, Arkansas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.