Mortgage on a $150K house in Oklahoma
$977 a month with 20% down — $807 principal and interest plus $95 property tax and $75 insurance.
Oklahoma's typical property tax is 0.76% of the home's value a year (U.S. average 0.9%), which adds $95 a month on a $150K home. The typical home in Oklahoma is worth $220,801, so $150K is 32% below the typical price.
$150K home in Oklahoma: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $30,000 | $120,000 | $807 | $0 | $170 | $977 | $41,900 |
| 10% down | $15,000 | $135,000 | $908 | $56 | $170 | $1,135 | $48,600 |
| 5% down | $7,500 | $142,500 | $959 | $59 | $170 | $1,188 | $50,900 |
| 3.5% down (FHA) | $5,250 | $147,283 | $991 | $66 | $170 | $1,227 | $52,600 |
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 $150K buy a typical home?
In these counties the typical home value is within 15% of $150K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Pittsburg County | $150,091 | 0.5% | $945 |
| Garvin County | $149,701 | 0.55% | $951 |
| Beckham County | $150,710 | 0.84% | $987 |
| Muskogee County | $153,077 | 0.67% | $966 |
| Okfuskee County | $146,418 | 0.48% | $943 |
| Haskell County | $155,167 | 0.43% | $936 |
| Choctaw County | $144,011 | 0.41% | $934 |
| Pushmataha County | $156,493 | 0.39% | $931 |
| Latimer County | $142,021 | 0.53% | $948 |
| Ottawa County | $140,960 | 0.62% | $960 |
| Comanche County | $159,044 | 0.88% | $993 |
| Garfield County | $140,570 | 0.87% | $991 |
31 of 77 Oklahoma counties tracked by Zillow have a typical home value at or below $150K. See all Oklahoma home prices.
Other prices in Oklahoma
Frequently asked questions
What is the mortgage on a $150K house in Oklahoma?
About $977 a month with 20% down at 7.11%: $807 principal and interest, $95 property tax and $75 insurance.
How much do I need to make to buy a $150K house in Oklahoma?
About $41,900 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $150K house in Oklahoma?
At Oklahoma's typical effective rate of 0.76%, about $1,142 a year. Rates vary by county and city — see the county pages.