Calculate your monthly mortgage payment in Oklahoma. Pre-filled with Oklahoma's median home price of $200,000 and an average property tax rate of 0.9%.
Est. Monthly Payment
$1,415
Principal & Interest
$1,182
Property Tax / mo
$150
Total Interest Paid
$245,473
| Home Price | $200,000 | Median home price in Oklahoma (2025) |
| Down Payment | 10% ($20,000) | Typical down payment percentage |
| Loan Amount | $180,000 | Home price minus down payment |
| Interest Rate | 6.87% | Approximate 30-year fixed rate (2025 avg) |
| Loan Term | 30 years | Most common mortgage term |
| Property Tax | 0.9% / year | Oklahoma average effective rate |
| Home Insurance | 0.5% / year | Approximate annual premium |
OHFA Homebuyer DPA, Dream Program, 4Teachers
Cost of living: Low · Population: 3,959,353
Oklahoma has a median home price of approximately $200,000, placing it below the national median. With a 10% down payment of $20,000, a typical buyer would finance $180,000 over 30 years. At a 6.87% fixed rate, the monthly principal and interest payment comes to $1,182.
Property taxes in Oklahoma average 0.9% of the assessed home value annually — one of the moderate rates in the country. Combined with an estimated $83 for homeowners insurance, your all-in monthly housing cost is approximately $1,415.
Using the 28% housing cost guideline, you would need a gross annual income of approximately $60,637 to qualify comfortably. The median household income in Oklahoma is $54,449.
