Mortgage on a $250K house in Oklahoma
$1,629 a month with 20% down — $1,345 principal and interest plus $159 property tax and $125 insurance.
Oklahoma's typical property tax is 0.76% of the home's value a year (U.S. average 0.9%), which adds $159 a month on a $250K home. The typical home in Oklahoma is worth $220,801, so $250K is 13% above the typical price.
$250K home in Oklahoma: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $50,000 | $200,000 | $1,345 | $0 | $284 | $1,629 | $69,800 |
| 10% down | $25,000 | $225,000 | $1,514 | $94 | $284 | $1,891 | $81,000 |
| 5% down | $12,500 | $237,500 | $1,598 | $99 | $284 | $1,980 | $84,900 |
| 3.5% down (FHA) | $8,750 | $245,472 | $1,651 | $111 | $284 | $2,045 | $87,700 |
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 $250K buy a typical home?
In these counties the typical home value is within 15% of $250K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Tulsa County | $250,892 | 0.97% | $1,672 |
| Cleveland County | $251,085 | 1% | $1,679 |
| Grady County | $244,386 | 0.68% | $1,612 |
| Payne County | $242,024 | 0.85% | $1,648 |
| Kingfisher County | $230,055 | 0.58% | $1,590 |
| Canadian County | $271,039 | 0.97% | $1,673 |
| Bryan County | $228,588 | 0.64% | $1,604 |
| Oklahoma County | $221,970 | 0.97% | $1,672 |
| Mayes County | $219,127 | 0.65% | $1,606 |
| Creek County | $218,789 | 0.71% | $1,619 |
| Osage County | $217,182 | 0.69% | $1,613 |
| Wagoner County | $283,777 | 0.79% | $1,635 |
69 of 77 Oklahoma counties tracked by Zillow have a typical home value at or below $250K. See all Oklahoma home prices.
Other prices in Oklahoma
Frequently asked questions
What is the mortgage on a $250K house in Oklahoma?
About $1,629 a month with 20% down at 7.11%: $1,345 principal and interest, $159 property tax and $125 insurance.
How much do I need to make to buy a $250K house in Oklahoma?
About $69,800 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $250K house in Oklahoma?
At Oklahoma's typical effective rate of 0.76%, about $1,903 a year. Rates vary by county and city — see the county pages.