Oklahoma is a great place for first-time homebuyers and those who are looking to reduce their expenses. Homeowners in Oklahoma spend $1,005 per month on average for their mortgages. With a median home value of $125,400, Oklahoma is one of the most affordable states for buying a house. Housing is 19% cheaper in Oklahoma than the national average.
However, several factors affect your budget. When it comes to a mortgage, your property taxes, interest rates, loan terms and other factors affect your monthly rates.
MoneyGeek’s Oklahoma mortgage calculator will help you get a personalized monthly payment quote by letting you input numbers specific to your needs. You can use rates and prices that apply to your desired loan or Oklahoma statistics.