Mortgage on a $100K house in Oklahoma
$652 a month with 20% down — $538 principal and interest plus $63 property tax and $50 insurance.
Oklahoma's typical property tax is 0.76% of the home's value a year (U.S. average 0.9%), which adds $63 a month on a $100K home. The typical home in Oklahoma is worth $220,801, so $100K is 55% below the typical price.
$100K home in Oklahoma: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $20,000 | $80,000 | $538 | $0 | $113 | $652 | $27,900 |
| 10% down | $10,000 | $90,000 | $605 | $38 | $113 | $756 | $32,400 |
| 5% down | $5,000 | $95,000 | $639 | $40 | $113 | $792 | $33,900 |
| 3.5% down (FHA) | $3,500 | $98,189 | $661 | $44 | $113 | $818 | $35,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.76% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Where in Oklahoma does $100K buy a typical home?
In these counties the typical home value is within 15% of $100K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Ellis County | $100,841 | 0.74% | $650 |
| Blaine County | $101,516 | 0.58% | $636 |
| Jefferson County | $97,685 | 0.63% | $640 |
| Cotton County | $106,672 | 0.74% | $650 |
| Caddo County | $107,084 | 0.54% | $633 |
| Washita County | $107,292 | 0.52% | $632 |
| Grant County | $112,269 | 0.49% | $629 |
| Hughes County | $113,391 | 0.6% | $638 |
| Jackson County | $114,643 | 0.59% | $638 |
8 of 77 Oklahoma counties tracked by Zillow have a typical home value at or below $100K. See all Oklahoma home prices.
Other prices in Oklahoma
Frequently asked questions
What is the mortgage on a $100K house in Oklahoma?
About $652 a month with 20% down at 7.11%: $538 principal and interest, $63 property tax and $50 insurance.
How much do I need to make to buy a $100K house in Oklahoma?
About $27,900 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $100K house in Oklahoma?
At Oklahoma's typical effective rate of 0.76%, about $761 a year. Rates vary by county and city — see the county pages.