Calculate your monthly mortgage payment in Oklahoma. Pre-filled with Oklahoma's typical home value of $223,300 (Zillow Home Value Index, August 2026) and an effective property tax rate of 0.75% (Census ACS 2024 1-year, median taxes ÷ median home value).
Est. Monthly Payment
$1,425
Principal & Interest
$1,192
Property Tax / mo
$140
Total Interest Paid
$250,515
| Home Price | $223,300 | Typical home value in Oklahoma — Zillow Home Value Index, August 2026 |
| Down Payment | 20% ($44,660) | Assumption — no sourced state average |
| Loan Amount | $178,640 | Home price minus down payment |
| Interest Rate | 7.03% | Freddie Mac PMMS national average, week of 2026-09-24 — not a Oklahoma rate |
| Loan Term | 30 years | Assumption |
| Property Tax | 0.75% / year | Oklahoma effective rate — Census ACS 2024 1-year, median taxes ÷ median home value |
| Home Insurance | 0.5% / year | Assumption — not a sourced premium |
Programs named for Oklahoma: OHFA Homebuyer DPA, Dream Program, 4Teachers. This list has no recorded source or date and may be out of date — confirm current programs and eligibility with the Oklahoma housing finance agency before you rely on it.
Cost of living: Low (index 83.0, MERIC (C2ER index), Second Quarter 2026) · Population: 4,123,288 (Census Bureau estimate, July 1, 2025)
Oklahoma has a typical home value of about $223,300 (Zillow Home Value Index, August 2026), below the U.S. typical value of $368,700. With an assumed 20% down payment of $44,660, a buyer would finance $178,640 over 30 years. At the national 7.03% fixed rate, the monthly principal and interest payment comes to $1,192.
The effective property tax rate in Oklahoma — median real estate taxes paid divided by median home value — is 0.75% per year (Census ACS 2024 1-year, median taxes ÷ median home value), against 0.89% for the U.S. Combined with an assumed $93 a month for homeowners insurance, the estimated all-in monthly housing cost is about $1,425.
Using the 28% housing cost guideline, you would need a gross annual income of approximately $61,076 to qualify comfortably. The median household income in Oklahoma is $66,148 (Census ACS 2024 1-year).
