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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

$2,119

at 6.92% · 30-year fixed

  • Principal & interest

    $1,584

  • Property taxes

    $375

  • Homeowners insurance

    $160

Loan amount

$240,000

Total interest paid

$330,187

Payoff date

—

YOU'RE KEEPING $13,365

$13,365

stays in your pocket

That's your total savings over 30 years at today's best rate on NerdWallet (6.92%) vs. the 7.15% national average — $37 less every month.

  • Today's best rate: 6.92%

  • Get your free rate with no credit impact

Get my rate

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

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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-rate7.299%7.306%
20-year fixed-rate7.163%7.173%
15-year fixed-rate6.521%6.532%
7-year ARM7.567%7.282%
5-year ARM7.625%7.231%
30-year fixed-rate VA6.490%6.837%
Data source: ©Zillow, Inc. 2006 – 2026. Use is subject to the Terms of Use

Today's rate

7.306%

30-year fixed

Today's mortgage rates in Oklahoma are 7.306% for a 30-year fixed, 6.532% 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: What you're hoping to spend on a home.
2. ZIP code: The home's location.
3. Down payment: How much cash you're paying upfront towards the home's price. This calculator defaults to showing a 20% down payment, but you can adjust it up or down by changing the dollar amount or the percentage. This calculator assumes you're using a conventional loan, so it will automatically add private mortgage insurance if the down payment amount is less than 20%.
4. Loan term: The default is 30 years, but you can also choose a shorter term.
5. Interest rate: Use today's average APR, enter the rate you've been quoted or use the lowest APR NerdWallet partners are offering today.
That's the least you can do. To get more accurate results, fill in the following four categories. (Estimates are fine, but this goes over how to get more specific numbers.)
6. Property taxes (per year): This is autofilled with an estimate, but property taxes vary tremendously throughout the country. Get more precise by looking up the tax rate where you're planning to buy or looking at the tax history for the home you're interested in. You can change the property tax amount by editing the dollar amount or the percentage.
7. Homeowners insurance (per year): Mortgage lenders require borrowers to have homeowners insurance. Not sure what you might pay? This calculator puts in an estimate, but you can use NerdWallet's home insurance calculator to fine-tune it. All you need to know is the property location and the rough amount you'd be looking to insure — use the home's price as a proxy.
8. HOA fees: If the home is part of a homeowners association, put the monthly dues here. (The calculator default is no HOA costs.) This is also information you can likely crib from a home's listing. One other note, if there are HOA fees but you're going to pay them directly rather than with an escrow account, you can omit them here.
9. PMI (monthly): If you've entered a down payment amount under 20%, this will autofill, since the calculator assumes you're using a conventional loan. PMI is tied to your credit score, so if you want a more accurate figure, pop over to NerdWallet's PMI calculator. If you're using a VA loan, you can zero this out, since VA loans do not require mortgage insurance. On the other hand, if you're getting an FHA loan, you'll have to pay mortgage insurance premiums regardless of your down payment amount. For more accurate payment info, use our FHA mortgage calculator.
The calculator's results will update as you adjust the numbers in these fields. The results show you the monthly payment, as well as:
  • Loan amount: How much you're actually borrowing in principal.
  • Total interest paid: How much interest you will pay over the life of the mortgage if you keep it until its term ends. (Most people sell or refinance well before that point, but it's still interesting info.)
  • Payoff date: If you kept the same loan for its entire term, here's the month and year when you'd own the home free and clear.
There's also a simple annual amortization schedule. Amortization shows how your mortgage payment changes over time. Even though the principal and interest payment doesn't change with a fixed-rate mortgage, the percentage of that payment that's going toward each component does. At the beginning of the loan, more goes toward interest; the closer to the end of the loan's term, the more of the payment goes toward principal. If you want a more detailed month-by-month look, yes, NerdWallet has an amortization calculator, too.
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CONSIDERING A REFI? 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