Mortgage Rates in Van Buren, ArkansasMarch 2026

Updated March 2026 | Based on Van Buren market data and regional lending conditions

30-Year Fixed
6.16%
15-Year Fixed
5.4%
Median Home Price
$175,000
Est. Monthly Payment
$943

Van Buren is a growing city in Arkansas with a population of 23,862. The current 30-year fixed mortgage rate in Van Buren is 6.16%, which is 0.49% below the national average. With a median home price of $175,000 and a 20% down payment of $35,000, homebuyers can expect a monthly principal and interest payment of approximately $854.

Current Mortgage Rates in Van Buren, AR

Below are the current average mortgage rates available in the Van Buren 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 TypeRateNational AvgDifference
30-Year Fixed6.16%6.65%-0.49%
15-Year Fixed5.4%5.89%-0.49%
5/1 ARM5.66%6.15%-0.49%
FHA5.76%6.25%-0.49%
VA5.56%6.05%-0.49%
Jumbo6.36%6.85%-0.49%

Van Buren Housing Market Overview

The Van Buren housing market offers relatively affordable housing compared to many major cities. The median household income in Van Buren is $39,000, and the cost of living index is 80 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $40,414 to comfortably afford the median-priced home in Van Buren, which exceeds the current median household income.

Population
23,862
Median Income
$39,000
Property Tax Rate
0.61%
Cost of Living
80
Down Payment (20%)
$35,000
Income Needed
$40,414

Monthly Payment Breakdown for Van Buren

Based on the median home price of $175,000 with 20% down ($35,000), here is what you can expect to pay monthly in Van Buren:

Principal & Interest (30-yr at 6.16%)$854
Property Tax$89
Estimated Insurance$44
Total Estimated Monthly$987

15-Year vs. 30-Year Mortgage in Van Buren

Choosing a 15-year mortgage in Van Buren at 5.4% instead of a 30-year at 6.16% would save you $102,780 in total interest over the life of the loan. However, your monthly payment would be $1,137 instead of $854 — an increase of $283 per month.

Calculate Your Van Buren Mortgage Payment

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Frequently Asked Questions About Mortgages in Van Buren

What are the current mortgage rates in Van Buren, AR?

As of March 2026, the average 30-year fixed mortgage rate in Van Buren, Arkansas is 6.16%, while the 15-year fixed rate is 5.4%. FHA loans average 5.76% and VA loans 5.56%. These rates are 0.49% below the national average of 6.65%.

How much is a monthly mortgage payment in Van Buren?

Based on the median home price of $175,000 with 20% down, the estimated monthly mortgage payment in Van Buren is $854 for principal and interest. Including property taxes of $89/month, the total monthly housing cost is approximately $943.

What income do I need to buy a home in Van Buren?

Using the 28% rule, you would need an annual income of approximately $40,414 to afford the median-priced home in Van Buren at $175,000. The median household income in Van Buren is $39,000. This means most households would need to either earn above the median or consider homes below $175,000.

Is Van Buren a good place to buy a home in 2026?

Van Buren offers a below-average cost of living with a cost of living index of 80 (national average = 100). The property tax rate in Arkansas is 0.61%, which is below the national average. Van Buren has a population of 23,862 and offers a very affordable lifestyle.

Mortgage Rates in Other Arkansas Cities

Little Rock, AR
6.75% | $195,000
Fayetteville, AR
6.75% | $295,000
Fort Smith, AR
6.75% | $155,000
Jonesboro, AR
6.75% | $175,000
Springdale, AR
6.75% | $265,000

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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Van Buren, Arkansas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.