Mortgage Rates in Centerton, Arkansas — March 2026
Updated March 2026 | Based on Centerton market data and regional lending conditions
Centerton is a growing city in Arkansas with a population of 19,247. The current 30-year fixed mortgage rate in Centerton is 6.61%, which is 0.04% below the national average. With a median home price of $138,000 and a 20% down payment of $27,600, homebuyers can expect a monthly principal and interest payment of approximately $706.
Current Mortgage Rates in Centerton, AR
Below are the current average mortgage rates available in the Centerton 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 | 6.61% | 6.65% | -0.04% |
| 15-Year Fixed | 5.88% | 5.89% | -0.01% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.43% | 6.25% | +0.18% |
| VA | 6.18% | 6.05% | +0.13% |
| Jumbo | 6.86% | 6.85% | +0.01% |
Centerton Housing Market Overview
The Centerton housing market offers relatively affordable housing compared to many major cities. The median household income in Centerton is $43,600, and the cost of living index is 83.4 (national average = 100). Based on the 28% affordability rule, the median income in Centerton is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Centerton
Based on the median home price of $138,000 with 20% down ($27,600), here is what you can expect to pay monthly in Centerton:
15-Year vs. 30-Year Mortgage in Centerton
Choosing a 15-year mortgage in Centerton at 5.88% instead of a 30-year at 6.61% would save you $87,840 in total interest over the life of the loan. However, your monthly payment would be $924 instead of $706 — an increase of $218 per month.
Calculate Your Centerton 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 Centerton
What are the current mortgage rates in Centerton, AR?
As of March 2026, the average 30-year fixed mortgage rate in Centerton, Arkansas is 6.61%, while the 15-year fixed rate is 5.88%. FHA loans average 6.43% and VA loans 6.18%. These rates are 0.04% below the national average of 6.65%.
How much is a monthly mortgage payment in Centerton?
Based on the median home price of $138,000 with 20% down, the estimated monthly mortgage payment in Centerton is $706 for principal and interest. Including property taxes of $76/month, the total monthly housing cost is approximately $782.
What income do I need to buy a home in Centerton?
Using the 28% rule, you would need an annual income of approximately $33,514 to afford the median-priced home in Centerton at $138,000. The median household income in Centerton is $43,600. The median income is currently sufficient to meet this threshold.
Is Centerton a good place to buy a home in 2026?
Centerton offers a below-average cost of living with a cost of living index of 83.4 (national average = 100). The property tax rate in Arkansas is 0.66%, which is below the national average. Centerton has a population of 19,247 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 Centerton, Arkansas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.