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Arkansas Interest Only Mortgage Rates

Updated: May 24, 2020

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Displaying rates for Mortgage Refinance in AR for $200,000

2.886%

APR
30 Year Fixed
2.750% Rate $816/mo
  • Updated May 24, 2020
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PRODUCTS RATES +/-
30 Year Fixed 3.10%
15 Year Fixed 2.50%
5/1 ARM 4.50%
Sunday, May 24, 2020

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Mortgage rates for Arkansas go down to 3.10%

Sunday, May 24, 2020

Mortgage rates for Arkansas on Lender411 for 30-year fixed-rate mortgages are at 3.10%. That dropped from 3.10% to 3.10%. The 15-year fixed rates are now at 2.50%. The 5/1 ARM mortgage for Arkansas is now at 4.50%.

Interest Only Rates in Arkansas

When you buy a home in Arkansas or refinance your existing mortgage with an interest only mortgage loan, you are taking out a 30-year mortgage, electing to pay "interest only" (instead of principal + interest) for a set period of time, such as 3, 5, 7 or 10 years. After the end of the "interest only period", the monthly payments readjust to include the principal, and the loan is re-amortized for the remaining years. Check out our main page on Interest Only Mortgage Rates.

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