Closing costs in Arkansas usually range from 2% to 5% of the home’s purchase price. These costs may include fees for appraisals, inspections, title insurance, and lender charges. Your loan officer can give you a personalized estimate based on your purchase.

For example, on a $300,000 home, buyers can expect to pay between $6,000 and $15,000 in closing costs. 

The most common loans among Arkansas buyers are:

• Conventional Loans – Flexible terms with competitive interest rates. Often preferred by buyers with strong credit and larger down payments, though options with as little as 3% down are available.

• FHA Loans – Backed by the Federal Housing Administration, these are popular with first-time buyers. They allow lower credit scores and down payments starting at 3.5%.

• VA Loans – Available to eligible veterans, active-duty service members, and surviving spouses. VA loans require no down payment and no private mortgage insurance (PMI).

• USDA Loans – Designed for qualifying buyers in rural and suburban areas. These loans also offer no down payment and reduced mortgage insurance costs.

Arkansas’s public schools vary in performance, with some districts and individual schools consistently earning high marks for academics, student growth, and overall excellence.

• Top districts include Bentonville School District and Greenwood School District, both known for strong student achievement and graduation rates. 
• Notable schools such as Haas Hall Bentonville and Root Elementary School often rank among the best in the state for academic performance.

Arkansas uses its public school report cards through the Arkansas Department of Education to track metrics like achievement, growth, and student readiness for college and careers. 

For full school and district data—including test scores, growth indicators, and performance comparisons—visit the Arkansas School Report Cards portal.