Mortgage Rates in Newport, Arkansas — March 2026
Updated March 2026 | Based on Newport market data and regional lending conditions
Newport is a smaller Arkansas community of 28,501 where home prices remain well below the national median, making homeownership more attainable. The current 30-year fixed rate here is 6.68% (0.03% above the national average). At a median home price of $197,500, the estimated $1,129/month payment (with 20% down) is affordable on the local median income of $51,500.
Current Mortgage Rates in Newport, AR
Below are the current average mortgage rates available in the Newport 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 | 6.68% | 6.65% | +0.03% |
| 15-Year Fixed | 5.93% | 5.89% | +0.04% |
| 5/1 ARM | 6.21% | 6.15% | +0.06% |
| FHA | 6.46% | 6.25% | +0.21% |
| VA | 6.21% | 6.05% | +0.16% |
| Jumbo | 6.93% | 6.85% | +0.08% |
Newport Housing Market Overview
At $197,500, Newport offers more affordable housing than most U.S. metros. The local cost of living index is 86.3 (100 = national average), and the median household income of $51,500 provides comfortable purchasing power in this market.
Monthly Payment Breakdown for Newport
Based on the median home price of $197,500 with 20% down ($39,500), here is what you can expect to pay monthly in Newport:
15-Year vs. 30-Year Mortgage in Newport
Choosing a 15-year mortgage in Newport at 5.93% instead of a 30-year at 6.68% would save you $127,260 in total interest over the life of the loan. However, your monthly payment would be $1,327 instead of $1,017 — an increase of $310 per month.
Calculate Your Newport 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 Newport
What are the current mortgage rates in Newport, AR?
As of March 2026, the average 30-year fixed mortgage rate in Newport, Arkansas is 6.68%, while the 15-year fixed rate is 5.93%. FHA loans average 6.46% and VA loans 6.21%. These rates are 0.03% above the national average of 6.65%.
How much is a monthly mortgage payment in Newport?
Based on the median home price of $197,500 with 20% down, the estimated monthly mortgage payment in Newport is $1,017 for principal and interest. Including property taxes of $112/month, the total monthly housing cost is approximately $1,129.
What income do I need to buy a home in Newport?
Using the 28% rule, you would need an annual income of approximately $48,386 to afford the median-priced home in Newport at $197,500. The median household income in Newport is $51,500. The median income is currently sufficient to meet this threshold.
Is Newport a good place to buy a home in 2026?
Newport offers a below-average cost of living with a cost of living index of 86.3 (national average = 100). The property tax rate in Arkansas is 0.68%, which is below the national average. Newport has a population of 28,501 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 Newport, Arkansas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.