Oklahoma mortgage calculator

Use our free mortgage calculator to estimate your monthly mortgage payment, includi...ng your principal and interest, taxes, insurance, and PMI in Oklahoma. See how your monthly payment changes by making updates to your home price, down payment, interest rate, and loan term.

Oklahoma housing market

Oklahoma, the Sooner State, saw home values increase by 5.5% last year. However, it... still has a very affordable housing market, the 4th most affordable in the country. Fun fact: Oklahoma was the home to the first installed parking meter. Cha-ching!

Your monthly payment
30 year fixed loan term
Monthly payment
Principal & interest


Property taxes

Homeowners insurance

Homeowners association (HOA) fees

Compare common loan types
Total principal: $240,000
Loan Term
30 year fixedYour input
15 year fixed30 year fixed
Monthly Payment$1,599$2,014$1,450
Mortgage Rate4.125%2.302%*3.021%*
Total interest paid
Loan Term
30 year fixedYour input
15 year fixed30 year fixed
Monthly Payment$1,599$2,014$1,450
Mortgage Rate4.125%2.302%*3.021%*
Total interest paid

See how your payments change over time for your 30 year fixed loan term

At year 0

30 year fixed loan term

Principal Paid
Interest Paid
Year 0
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We’ll share an interesting insight here for key milestones in your payoff schedule.

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Principal & interest


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Oklahoma mortgage and refinance rates today (APR)

ProductInterest rateAPR
30-year fixed-rate2.987%3.058%
20-year fixed-rate2.751%2.845%
15-year fixed-rate2.187%2.312%
10-year fixed-rate2.092%2.229%
7/1 ARM2.603%2.913%
5/1 ARM2.505%2.807%
30-year fixed-rate FHA2.375%3.112%
30-year fixed-rate VA2.446%2.758%

Data source: ©Zillow, Inc. 2006 – 2021. Use is subject to the Terms of Use

Today's rate

30-year fixed

Today’s mortgage rates in Oklahoma are 3.058% for a 30-year fixed, 2.312% for a 15-year fixed, and 2.807% for a 5/1 adjustable-rate mortgage (ARM).

Getting ready to buy a home? We’ll find you a highly rated lender in just a few minutes.

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First-time home buyer programs in Oklahoma

There are several national first-time home buyer programs that may be able to help you get into a home in Oklahoma.

Conventional mortgage

National program

What you need to know

Best for home buyers with good credit looking for low down payments or limited mortgage insurance premiums. A conventional mortgage is a home loan that isn’t guaranteed or insured by the federal government. Conventional mortgages that conform to the requirements set forth by Fannie Mae and Freddie...

See full article

Average property tax in Oklahoma counties

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.

Avg. property tax rate
Avg. home value
Adair County0.51%$81,200
Alfalfa County0.58%$74,500
Atoka County0.45%$98,400
Beaver County0.51%$106,500
Beckham County0.66%$117,100
Blaine County0.6%$83,800
Bryan County0.66%$98,900
Caddo County0.57%$81,900
Canadian County1.01%$166,600
Carter County0.82%$109,000
Cherokee County0.59%$111,300
Choctaw County0.39%$88,800
Cimarron County0.55%$57,400
Cleveland County1.03%$162,800
Coal County0.41%$87,800
Comanche County0.82%$139,900
Cotton County0.81%$77,600
Craig County0.57%$96,100
Creek County0.82%$135,000
Custer County0.72%$127,600
Delaware County0.59%$110,000
Dewey County0.53%$86,700
Ellis County0.52%$83,700
Garfield County0.83%$104,000
Garvin County0.54%$93,400
Grady County0.75%$117,200
Grant County0.6%$76,400
Greer County0.63%$65,800
Harmon County0.58%$49,700
Harper County0.49%$76,300
Haskell County0.52%$87,500
Hughes County0.54%$69,400
Jackson County0.69%$97,800
Jefferson County0.32%$59,700
Johnston County0.47%$79,500
Kay County0.68%$84,100
Kingfisher County0.66%$136,200
Kiowa County0.63%$62,500
Latimer County0.44%$81,100
Le Flore County0.62%$87,200
Lincoln County0.58%$103,400
Logan County0.78%$153,100
Love County0.67%$94,600
Major County0.64%$94,000
Marshall County0.55%$86,600
Mayes County0.68%$106,700
McClain County0.81%$166,400
McCurtain County0.46%$78,000
McIntosh County0.47%$95,300
Murray County0.44%$107,100
Muskogee County0.7%$107,000
Noble County0.77%$94,800
Nowata County0.63%$81,600
Okfuskee County0.52%$79,100
Oklahoma County1.01%$152,300
Okmulgee County0.66%$80,300
Osage County0.77%$110,100
Ottawa County0.58%$84,300
Pawnee County0.7%$87,500
Payne County0.82%$156,400
Pittsburg County0.51%$98,400
Pontotoc County0.58%$120,300
Pottawatomie County0.68%$118,900
Pushmataha County0.47%$73,400
Roger Mills County0.77%$106,100
Rogers County0.8%$157,500
Seminole County0.58%$71,200
Sequoyah County0.52%$92,500
Stephens County0.66%$104,000
Texas County0.58%$109,300
Tillman County0.74%$54,100
Tulsa County1.12%$155,600
Wagoner County0.82%$160,600
Washington County0.88%$112,600
Washita County0.51%$80,200
Woods County0.52%$93,100
Woodward County0.67%$123,000

Source: American Communities Survey 2016, U.S. Census

Under "Home price," enter the price (if you're buying) or the current value (if you're refinancing). NerdWallet also has a .

Under "Down payment," enter the amount of your down payment (if you’re buying) or the amount of equity you have (if refinancing). A  is the cash you pay upfront for a home, and  is the value of the home, minus what you owe.

On desktop, under "Interest rate" (to the right), enter the rate. Under "Loan term," click the plus and minus signs to adjust the length of the mortgage in years.

On mobile devices, tap "Refine Results" to find the field to enter the rate and use the plus and minus signs to select the "Loan term."

You may enter your own figures for  and , if you don’t wish to use NerdWallet’s estimates. Edit these figures by clicking on the amount currently displayed.

The mortgage calculator lets you click "Compare common loan types" to view a comparison of different loan terms. Click "Amortization" to see how the principal balance, principal paid (equity) and total interest paid change year by year. On mobile devices, scroll down to see "Amortization."

» MORE: 

The mortgage payment calculation looks like this: M = P [ i(1 + i)^n ] / [ (1 + i)^n – 1]

The variables are as follows:

Determining what your monthly house payment will be is an important part of figuring out how much house you can afford. That monthly payment is likely to be the biggest part of your cost of living.

Using NerdWallet’s mortgage calculator lets you estimate your mortgage payment when you buy a home or refinance. You can change loan details in the calculator to run scenarios. The calculator can help you decide:

Mortgage lenders are required to assess your ability to repay the amount you want to borrow. A lot of factors go into that assessment, and the main one is debt-to-income ratio.

Your  is the percentage of pretax income that goes toward monthly debt payments, including the mortgage, car payments, student loans, minimum credit card payments and child support. Lenders look most favorably on debt-to-income ratios of 36% or less — or a maximum of $1,800 a month on an income of $5,000 a month before taxes.

» MORE: 

If your mortgage payment included just principal and interest, you could use a bare-bones mortgage calculator. But most mortgage payments include other charges as well. Here are the key components of the monthly mortgage payment:

Typically, when you belong to a homeowners association, the dues are billed directly, and it's not added to the monthly mortgage payment. Because HOA dues can be easy to forget, they're included in NerdWallet's mortgage calculator.

The mortgage calculator lets you test scenarios to see how you can reduce the monthly payments:

Your monthly payment can go up over time if: