Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,249
Per Month
Principal & Interest
$1,137
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$45
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$749
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Otter Creek Elementary School
16000 Otter Creek Pkwy
Distance between this listing and this school0.42 miles
Public District Grades KG-5
Middle School
2
/10
Mabelvale Middle School
10811 Mabelvale West Rd
Distance between this listing and this school2.47 miles
Public Magnet Grades 6-8
High School
1
/10
J.A. Fair High School
13420 David O Dodd Rd
Distance between this listing and this school3.37 miles
Public District Grades 9-12
Assigned Schools
4
/10
Otter Creek Elementary School
16000 Otter Creek Pkwy
Distance between this listing and this school0.42 miles
Public District Grades KG-5
Nearby Schools
7
/10
Robert L. Davis Elementary School
12001 County Line Rd
Distance between this listing and this school2.98 miles
Public District Grades KG-5
2
/10
Mabelvale Elementary School
9401 Mabelvale Cut Off Rd
Distance between this listing and this school3.43 miles
Public District Grades PK-5
Assigned Schools
2
/10
Mabelvale Middle School
10811 Mabelvale West Rd
Distance between this listing and this school2.47 miles
Public Magnet Grades 6-8
Nearby Schools
7
/10
Bryant Middle School
412 Woodland Dr
Distance between this listing and this school5.14 miles
Public District Grades 6-8
2
/10
Cloverdale Aerospace Tech Char
6300 Hinkson Rd
Distance between this listing and this school5.34 miles
Public Charter Grades 6-8
Assigned Schools
1
/10
J.A. Fair High School
13420 David O Dodd Rd
Distance between this listing and this school3.37 miles
Public District Grades 9-12
Nearby Schools
5
/10
Bryant High School
201 Sullivan Dr
Distance between this listing and this school5.19 miles
Public District Grades 9-12
1
/10
McClellan Magnet High School
9417 Geyer Springs Rd
Distance between this listing and this school5.48 miles
The neighbors living near this home have an average income of $48,525. Residents of Little Rock, AR typically earn less than $35k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
This 2,044 square foot home, which was built in 1980, sits on a 0.29 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $227,700.
While more than 49 listings in Little Rock, AR in May 2024 were sold above asking price, there were more than 85 listings sold at asking price, and more than 95 were sold below. The number of listings in Little Rock, AR increased by 6.8% between April 2024 and May 2024.
From Rocket Homes Real Estate and based on county public records data.