Mortgage on a $300K house in Oklahoma
$1,955 a month with 20% down — $1,614 principal and interest plus $190 property tax and $150 insurance.
Oklahoma's typical property tax is 0.76% of the home's value a year (U.S. average 0.9%), which adds $190 a month on a $300K home. The typical home in Oklahoma is worth $220,801, so $300K is 36% above the typical price.
$300K home in Oklahoma: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $60,000 | $240,000 | $1,614 | $0 | $340 | $1,955 | $83,800 |
| 10% down | $30,000 | $270,000 | $1,816 | $113 | $340 | $2,269 | $97,200 |
| 5% down | $15,000 | $285,000 | $1,917 | $119 | $340 | $2,376 | $101,800 |
| 3.5% down (FHA) | $10,500 | $294,566 | $1,982 | $133 | $340 | $2,455 | $105,200 |
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 $300K buy a typical home?
In these counties the typical home value is within 15% of $300K:
| County | Typical home | Tax rate | Total / month |
|---|---|---|---|
| Delaware County | $300,963 | 0.6% | $1,914 |
| McClain County | $285,440 | 0.79% | $1,962 |
| Rogers County | $284,951 | 0.75% | $1,952 |
| Logan County | $315,309 | 0.78% | $1,958 |
| Wagoner County | $283,777 | 0.79% | $1,962 |
| Canadian County | $271,039 | 0.97% | $2,008 |
75 of 77 Oklahoma counties tracked by Zillow have a typical home value at or below $300K. See all Oklahoma home prices.
Other prices in Oklahoma
Frequently asked questions
What is the mortgage on a $300K house in Oklahoma?
About $1,955 a month with 20% down at 7.11%: $1,614 principal and interest, $190 property tax and $150 insurance.
How much do I need to make to buy a $300K house in Oklahoma?
About $83,800 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $300K house in Oklahoma?
At Oklahoma's typical effective rate of 0.76%, about $2,283 a year. Rates vary by county and city — see the county pages.