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Oklahoma Mortgage Calculator

Use this free Oklahoma mortgage calculator to estimate your monthly mortgage payments and annual amortization.

Loan details

%

Monthly payment

$2,124

at 6.95% · 30-year fixed

  • Principal & interest

    $1,589

  • Property taxes

    $375

  • Homeowners insurance

    $160

Loan amount

$240,000

Total interest paid

$331,923

Payoff date

—

YOU'RE KEEPING $10,461

$10,461

stays in your pocket

That's your total savings over 30 years at today's best rate on NerdWallet (6.95%) vs. the 7.13% national average — $29 less every month.

  • Today's best rate: 6.95%

  • Get your free rate with no credit impact

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No impact to your credit score

Calculated payments and savings are estimates. The calculator result does not constitute an offer for a loan and will not solicit a loan offer. Savings will depend on the actual amounts and rate for which you are approved, should you choose to apply.

Getting a Mortgage in Oklahoma

Written by 
,  Edited by 
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Last updated November 19, 2025
Real estate markets can vary dramatically by location, which is why national housing averages don’t always reflect what buyers actually pay. Housing costs are just one part of affordability, and tools like a cost of living calculator can help show how factors such as taxes, utilities, and everyday expenses differ from place to place.
Mortgage costs in Oklahoma, the Sooner State vary modestly by location. In Canadian County, part of the Oklahoma City metro, the typical monthly mortgage payment for a median-priced home was $1,645 in Q1 2025, based on a median home value of $280,646, according to the National Association of Realtors. That remains well below the national median monthly payment of $2,120 for a median-priced single-family home valued at $402,300.
In neighboring Oklahoma County, home to Oklahoma City, housing costs are slightly lower. There, the typical monthly mortgage payment was $1,533 for a median-priced home valued at $261,570

Oklahoma mortgage and refinance rates today (APR)

ProductInterest rateAPR
30-year fixed-rate7.320%7.328%
20-year fixed-rate7.144%7.150%
15-year fixed-rate6.499%6.510%
7-year ARM7.375%7.095%
5-year ARM7.625%7.231%
30-year fixed-rate VA6.550%6.900%
Data source: ©Zillow, Inc. 2006 – 2026. Use is subject to the Terms of Use

Today's rate

7.328%

30-year fixed

Today's mortgage rates in Oklahoma are 7.328% for a 30-year fixed, 6.510% for a 15-year fixed, and 7.231% for a 5-year adjustable-rate mortgage (ARM).

Oklahoma's first-time home buyer programs

There are several national first-time home buyer programs that may be able to help you get into a home in Oklahoma.
» MORE: First-time home buyer programs by state

Average property tax by county

Taking U.S. Census data, NerdWallet has crunched the numbers to help you understand what property tax rate you can expect to pay on your future home in Oklahoma. Because assessed values aren't frequently updated, you may pay a higher rate at first but eventually you'll pay a similar rate.

CountyAvg. property tax rateMedian home value
Adair County0.52%$108,200
Alfalfa County0.59%$96,300
Atoka County0.36%$123,000
Beaver County0.75%$106,500
Beckham County0.85%$149,800
Blaine County0.65%$122,800
Bryan County0.61%$151,500
Caddo County0.51%$99,900
Canadian County0.78%$234,500
Carter County0.70%$144,400
Cherokee County0.51%$144,600
Choctaw County0.42%$113,500
Cimarron County0.57%$77,900
Cleveland County0.99%$230,900
Coal County0.45%$90,800
Comanche County0.73%$145,100
Cotton County0.70%$105,500
Craig County0.50%$120,000
Creek County0.69%$168,800
Custer County0.73%$168,700
Delaware County0.56%$152,500
Dewey County0.58%$117,200
Ellis County0.54%$106,800
Garfield County0.82%$142,000
Garvin County0.52%$124,300
Grady County0.72%$177,100
Grant County0.57%$84,700
Greer County0.54%$97,400
Harmon County0.74%$78,500
Harper County0.65%$96,700
Haskell County0.37%$109,600
Hughes County0.61%$87,300
Jackson County0.71%$115,200
Jefferson County0.64%$72,200
Johnston County0.46%$99,100
Kay County0.64%$111,600
Kingfisher County0.61%$189,000
Kiowa County0.55%$80,200
Latimer County0.52%$102,400
Le Flore County0.62%$111,300
Lincoln County0.40%$141,400
Logan County0.76%$221,300
Love County0.49%$154,500
Major County0.67%$123,200
Marshall County0.69%$136,500
Mayes County0.54%$153,500
McClain County0.81%$214,400
McCurtain County0.38%$111,400
McIntosh County0.60%$121,000
Murray County0.40%$148,200
Muskogee County0.60%$148,900
Noble County0.39%$140,900
Nowata County0.63%$113,100
Okfuskee County0.50%$104,300
Oklahoma County0.96%$219,200
Okmulgee County0.71%$106,300
Osage County0.76%$155,200
Ottawa County0.62%$107,500
Pawnee County0.65%$115,000
Payne County0.79%$221,600
Pittsburg County0.53%$135,800
Pontotoc County0.58%$151,500
Pottawatomie County0.67%$160,500
Pushmataha County0.40%$103,500
Roger Mills County0.38%$150,700
Rogers County0.78%$237,800
Seminole County0.57%$88,100
Sequoyah County0.57%$118,600
Stephens County0.67%$127,500
Texas County0.86%$146,200
Tillman County0.64%$62,900
Tulsa County1.03%$221,100
Wagoner County0.74%$229,700
Washington County0.89%$151,000
Washita County0.56%$102,600
Woods County0.67%$146,700
Woodward County0.66%$161,600
Source: American Communities Survey 2022, U.S. Census

How to use the mortgage calculator

To use our mortgage calculator, add your details to the following fields:
  1. Home price
  2. Down payment
  3. Interest rate
  4. Loan term (years)
After you enter this information, the calculator displays the monthly payment, as well as:
  • Total principal
  • Total interest payments
  • Payoff date
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Calculating costs in addition to principal and interest

The calculator lets you fine-tune your payment by entering your annual property tax premium, annual home insurance premium, monthly homeowner association (HOA) fee, and monthly private mortgage insurance (PMI) premium.
To enter this information, click “Show Advanced Info” underneath the main loan details. Note that you'll enter the annual cost for property taxes and home insurance and the monthly cost for HOA fees and PMI premiums. The PMI field will only display if your down payment is less than 20%.
In the “Loan Estimate” window, select "Amortization Schedule" to uncover a table that shows how much you'll pay in principal and interest each month, as well as the remaining amount you owe ("Principal balance") after making the payment.
» MORE: What is mortgage amortization?

Explanation of terminology

  • Total monthly payment: An estimate of all your monthly housing costs, covering your loan principal, interest, taxes, insurance, and PMI.
  • Total principal: This is the amount you borrow. Each mortgage payment reduces the principal you owe.
  • Total interest payments: How much interest you would pay over the life of the loan.
  • Total loan payments: The entire amount of principal and interest paid, excluding taxes, insurance, and PMI.
  • Down payment: The portion of the home’s price you pay in cash upfront. 
  • Interest rate: How much the lender charges you to lend you the money. Interest rates are expressed as an annual percentage. A lower interest rate gives you a smaller monthly payment.
  • Loan term (years): The number of years you have to repay the mortgage. A longer term gives you a lower monthly payment, but you’ll pay more interest.
  • Start date: The month that your first mortgage payment is due.
  • Payoff date: The month your home will be fully paid off based on the loan term.
  • Property taxes: The annual tax assessed by a government authority on your home and land. You pay about one-twelfth of your annual property tax bill with each mortgage payment, and the servicer saves them in an escrow account. When the taxes are due, the loan servicer pays them.
  • Homeowners insurance: Your policy covers damage and financial losses from fire, storms, theft, a tree falling on your house and other bad things. As with property taxes, you pay roughly one-twelfth of your annual homeowners insurance premium each month, and the servicer pays the bill when it's due.
  • Monthly HOA fees: The amount you may pay each month if you belong to a homeowners association. Typically, these dues are billed directly, not added to the monthly mortgage payment. Because HOA dues can be easy to forget when considering the cost of homeownership, NerdWallet's mortgage calculator allows you to enter them here.
  • Private mortgage insurance: If you get a conventional mortgage and put down less than 20%, you’ll have to pay a monthly PMI premium. It covers the lender if you default on the loan and can be canceled once you reach 20% equity. FHA loans require a similar fee called a mortgage insurance premium. 
If you're looking to see how much you could save by refinancing your mortgage, try NerdWallet's refinance calculator.
» MORE FOR CANADIAN READERS: Canada mortgage payment calculator
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