Oklahoma Mortgage Calculator
Calculate your monthly payment in Oklahoma, with property tax included using the state's effective rate of 0.80%. See your full amortization schedule and analyze your loan structure.
Pick a state to use its property tax rate. With a keyboard, use the arrow keys and press Enter.
Estimated Monthly Payment
Estimates only. Does not include homeowners insurance, mortgage insurance (PMI), or HOA fees. Property tax uses the state's average effective rate and your actual bill may differ.
Yearly Amortization Schedule
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|---|---|---|
| 1 | $3,577 | $20,695 | $316,423 |
| 2 | $3,816 | $20,455 | $312,607 |
| 3 | $4,072 | $20,200 | $308,535 |
| 4 | $4,345 | $19,927 | $304,191 |
| 5 | $4,636 | $19,636 | $299,555 |
| 6 | $4,946 | $19,325 | $294,609 |
| 7 | $5,277 | $18,994 | $289,332 |
| 8 | $5,631 | $18,641 | $283,701 |
| 9 | $6,008 | $18,264 | $277,694 |
| 10 | $6,410 | $17,861 | $271,284 |
| 11 | $6,839 | $17,432 | $264,444 |
| 12 | $7,297 | $16,974 | $257,147 |
| 13 | $7,786 | $16,485 | $249,361 |
| 14 | $8,308 | $15,964 | $241,053 |
| 15 | $8,864 | $15,407 | $232,189 |
| 16 | $9,458 | $14,814 | $222,732 |
| 17 | $10,091 | $14,180 | $212,641 |
| 18 | $10,767 | $13,505 | $201,874 |
| 19 | $11,488 | $12,784 | $190,386 |
| 20 | $12,257 | $12,014 | $178,129 |
| 21 | $13,078 | $11,193 | $165,051 |
| 22 | $13,954 | $10,317 | $151,097 |
| 23 | $14,888 | $9,383 | $136,208 |
| 24 | $15,886 | $8,386 | $120,323 |
| 25 | $16,949 | $7,322 | $103,373 |
| 26 | $18,085 | $6,187 | $85,289 |
| 27 | $19,296 | $4,976 | $65,993 |
| 28 | $20,588 | $3,683 | $45,405 |
| 29 | $21,967 | $2,305 | $23,438 |
| 30 | $23,438 | $833 | $0 |
Property tax in Oklahoma: the numbers
At 0.80%, Oklahoma comes in under the 0.92% national average (13% lower). By rate, Oklahoma ranks 26th out of 50 when states are ordered from highest rate to lowest.
The median home value in Oklahoma is $199,800, and the median annual property tax bill is $1,599. Spread over twelve months, that is about $133 a month in property tax for a median-priced home.
| Effective property tax rate | 0.80% |
|---|---|
| Median home value | $199,800 |
| Median annual property tax | $1,599 |
| Rank by rate (1 = highest of 50) | 26 |
| Difference vs 0.92% national average | 0.12 points below (13% below) |
What this means for your monthly payment
Two worked examples for Oklahoma, using the figures above:
Example 1: the median home
$1,599 per year ÷ 12 = about $133 per month in property tax (median home value: $199,800).
Example 2: a $300,000 home
$300,000 × 0.80% ÷ 12 = about $200 per month, or $2,400 per year.
At the 0.92% national average rate, a $300,000 home would have about $2,760 in property tax per year. In Oklahoma it is about $2,400, which is $360 less per year (about $30 less per month).
Compare with similar states
States ranked just above and just below Oklahoma by effective property tax rate (1 = highest). States with the same rate are ordered by median annual tax.
Ranked just above (higher rate)
- North Dakota — 0.99% (rank 21)
- Maryland — 0.97% (rank 22)
- Missouri — 0.85% (rank 23)
- Washington — 0.81% (rank 24)
- Oregon — 0.81% (rank 24)
Oklahoma property tax FAQ
What is the property tax rate in Oklahoma?
The effective property tax rate in Oklahoma is 0.80%. That is 13% below the 0.92% national average, and the state ranks 26th out of 50 when states are ordered from highest rate to lowest.
How much is property tax on a $300,000 home in Oklahoma?
At Oklahoma's effective rate of 0.80%, property tax on a $300,000 home works out to about $2,400 per year, or about $200 per month. At the 0.92% national average, the same home would be about $2,760 per year, so Oklahoma is about $360 less per year.
How much is property tax on the median home in Oklahoma?
The median home value in Oklahoma is $199,800, and the median annual property tax is $1,599, which is about $133 per month.
Does the property tax rate vary inside Oklahoma?
Yes. Property taxes are set locally, so actual bills depend on your county, city, and exemptions. The 0.80% figure is a state-level estimate based on medians, not a rate that applies to every home.
Figures are estimates based on Census data and are not tax or financial advice. Actual bills depend on your local rates, assessed value and exemptions.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, as compiled by PropertyShark and PropertyTaxByState.