Current Mortgage Rates in OKC

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Loan Type	Rate	APR	Points	Est. Monthly Payment
FHA 30-Year Fixed	6.750%	7.580%	2.153	$3,439
VA 30-Year Fixed	6.625%	7.021%	2.074	$3,399
Conventional 15-Year Fixed	6.375%	6.823%	2.127	$4,154
Conventional 30-Year Fixed	7.000%	7.285%	2.136	$3,458
Jumbo 30-Year Fixed	7.125%	7.347%	2.050	$8,308

Loan Type	Rate	APR	Points	Est. Monthly Payment
FHA 30-Year Refinance	7.000%	7.816%	2.069	$3,499
VA 30-Year Refinance	7.000%	7.265%	2.125	$3,470
Conventional 15-Year Refinance	6.750%	7.202%	2.239	$4,227
Conventional 30-Year Refinance	7.250%	7.548%	2.365	$3,517
Jumbo 30-Year Refinance	7.250%	7.502%	2.250	$8,389

Loan Type	Rate	APR	Points	Est. Monthly Payment

FHA 30-Year Fixed: Interest rate offered based on $356,125 loan amount with 7.580% APR and $3,439 monthly payment at 70% loan-to-value (LTV) and 2.153 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

VA 30-Year Fixed: Interest rate offered based on $354,375 loan amount with 7.021% APR and $3,399 monthly payment at 70% loan-to-value (LTV) and 2.074 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

Conventional 15-Year Fixed: Interest rate offered based on $350,000 loan amount with 6.823% APR and $4,154 monthly payment at 70% loan-to-value (LTV) and 2.127 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

Conventional 30-Year Fixed: Interest rate offered based on $350,000 loan amount with 7.285% APR and $3,458 monthly payment at 70% loan-to-value (LTV) and 2.136 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

Jumbo 30-Year Fixed: Interest rate offered based on $950,001 loan amount with 7.347% APR and $8,308 monthly payment at 70% loan-to-value (LTV) and 2.050 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 1, 2026.

Estimated property taxes are based on a 1.09% effective rate for Oklahoma County, Oklahoma, applied to the property value for each scenario shown. Rate is median real estate tax paid by households with a mortgage divided by median home value, per the American Community Survey 2020–2024. Taxes shown are an estimate only and vary by property.

Estimated homeowners insurance is based on an average annual premium of $8,110 for Oklahoma City, OK, divided by twelve. That average covers existing homes of all values in the area, not the property value shown. Insurance shown is an estimate only and varies by property, coverage and carrier.

FHA 30-Year Refinance: Interest rate offered based on $356,125 loan amount with 7.816% APR and $3,499 monthly payment at 70% loan-to-value (LTV) and 2.069 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

VA 30-Year Refinance: Interest rate offered based on $351,750 loan amount with 7.265% APR and $3,470 monthly payment at 70% loan-to-value (LTV) and 2.125 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 1, 2026.

Conventional 15-Year Refinance: Interest rate offered based on $350,000 loan amount with 7.202% APR and $4,227 monthly payment at 70% loan-to-value (LTV) and 2.239 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

Conventional 30-Year Refinance: Interest rate offered based on $350,000 loan amount with 7.548% APR and $3,517 monthly payment at 70% loan-to-value (LTV) and 2.365 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 19, 2026.

Jumbo 30-Year Refinance: Interest rate offered based on $950,001 loan amount with 7.502% APR and $8,389 monthly payment at 70% loan-to-value (LTV) and 2.250 discount points. Payment is Principal, Interest, estimated property taxes and estimated homeowners insurance example only. Rate shown is current as of October 1, 2026.

Estimated monthly payment includes principal, interest, estimated Oklahoma City, OK property taxes, and estimated homeowners insurance.

Oklahoma City housing market at a glance

September 2026 data

In Oklahoma City, homes are selling in about 60 days (5 slower than a year ago), sales are up 10.9% from last year, and about 26% of listings have had a price cut.

Median sale price

$255,990

$156 per sq. ft.

Homes sold

3,068

▲ 10.9% vs. 2,766 last year

Days on market

vs. 55 days last year

Homes for sale

3,293

217 new listings

Listings with a price cut

26%

848 of 3,293 listings

Source: Movoto Oklahoma City, OK market trends, September 2026. Last updated October 5, 2026.

What it costs to buy a home in Oklahoma City

Monthly payments on Oklahoma City's median home price of $255,990 (September 2026), at today's rates.

20% down · Conventional

$2,271/mo

Down payment: $51,198
Loan amount: $204,792
Rate: 7.000%
Principal & interest: $1,362
Est. property tax: $233
Est. homeowners insurance: $676

5% down · Conventional

$2,526/mo

Down payment: $12,800
Loan amount: $243,191
Rate: 7.000%
Principal & interest: $1,618
Est. property tax: $233
Est. homeowners insurance: $676

3.5% down · FHA

$2,539/mo

Down payment: $8,960
Loan amount: $251,353
Rate: 6.750%
Principal & interest: $1,630
Est. property tax: $233
Est. homeowners insurance: $676

Payments include principal, interest, estimated Oklahoma City property taxes, and estimated homeowners insurance. They do not include mortgage insurance (PMI or FHA monthly MIP), which applies with less than 20% down, or HOA dues. The FHA loan amount includes the 1.75% upfront mortgage insurance premium. These are examples based on the median price, not the sample loan used in the rate table above.

How much income do you need to buy a home in Oklahoma City?

A common lender guideline is to keep your total housing payment (principal, interest, estimated Oklahoma City property taxes, and estimated homeowners insurance) at or below 28% of your gross monthly income. Gross income is what you earn before taxes and other deductions come out of your paycheck. Based on that guideline, here's the yearly household income needed for Oklahoma City's $255,990 median home:

20% down · Conventional$2,271/mo payment $97,323/yrabout $8,110/mo before taxes

5% down · Conventional$2,526/mo payment $108,271/yrabout $9,023/mo before taxes

3.5% down · FHA$2,539/mo payment $108,799/yrabout $9,067/mo before taxes

Why this matters: Keeping housing costs near 28% of your income leaves room for other bills, savings and the upkeep that comes with owning a home. It's a planning guideline, not a hard limit.

What lenders look at: Lenders also look at your debt-to-income (DTI) ratio, which adds your car, student loan and credit card payments to the new mortgage payment. Depending on the loan program and your credit, many lenders allow total debts of roughly 43% to 50% of gross income, so you may qualify with less income than shown, or need more if you carry other debt.

Household income counts: If you're buying with a partner or co-borrower, lenders can combine your incomes.

How rates change your payment

Principal and interest on a $204,792 loan (the Oklahoma City median price with 20% down). Every 0.25% is worth about $34/mo.

Rate	6.00%	6.25%	6.50%	6.75%	7.00% today	7.25%
Monthly P&I	$1,228	$1,261	$1,294	$1,328	$1,362	$1,397

Ways to make a Oklahoma City home more affordable

Negotiate on price. About 26% of Oklahoma City listings have had a price cut, so many sellers are open to offers.
Ask for seller concessions. Homes take 60 days to sell, 5 more than last year. Sellers may cover closing costs or pay for a rate buydown.
Consider buying down your rate. On this example loan, a rate 0.5% lower saves about $68 a month.
Compare loan types. FHA rates are at 6.750% vs. 7.000% for conventional, with as little as 3.5% down. Compare by APR, including mortgage insurance.

Oklahoma City mortgage and home buying FAQs

What are mortgage rates in Oklahoma City today?

As of October 19, 2026, Lower’s 30-year fixed conventional rate in Oklahoma City is 7.000% (7.285% APR), and the 30-year FHA rate is 6.750% (7.580% APR). Your rate depends on your credit, down payment, loan type and any points you pay. See the rate table above for points and full details.

What is the monthly payment on a median-priced home in Oklahoma City?

On Oklahoma City’s $255,990 median home price (September 2026), a 30-year conventional loan with 20% down at 7.000% comes to about $2,271 a month, including principal, interest, estimated Oklahoma City property taxes, and estimated homeowners insurance. With an FHA loan and 3.5% down, it’s about $2,539 a month before monthly mortgage insurance.

How much income do I need to buy a house in Oklahoma City?

To keep housing costs at 28% of gross (pre-tax) income, you’d need a household income of about $97,323 a year to buy Oklahoma City’s $255,990 median home with 20% down, or about $108,799 with an FHA loan and 3.5% down. Lenders also consider your other debts, so the income you need may be higher or lower.

How much do I need for a down payment in Oklahoma City?

On the $255,990 median home, 20% down is $51,198, 5% down is $12,800, and the FHA minimum of 3.5% is $8,960. Putting less than 20% down usually means paying mortgage insurance. You’ll also need money for closing costs.

Is it a buyer’s or seller’s market in Oklahoma City right now?

In September 2026, Oklahoma City homes sold in about 60 days, 5 days slower than a year earlier. 3068 homes sold, up from 2766 the year before, and about 26% of the 3293 homes for sale have had a price cut. Slower sales and frequent price cuts generally give buyers more room to negotiate than a year ago.

How much does a quarter-point rate change affect payments in Oklahoma City?

On a $204,792 loan (the median Oklahoma City home with 20% down), each 0.25% change in rate moves the principal and interest payment by about $34 a month, or about $411 a year.

How much are property taxes in Oklahoma City?

Lower estimates Oklahoma City property taxes at about 1.09% of a home’s value per year. On the $255,990 median home, that’s roughly $2,790 a year, or $233 a month. Your actual bill depends on your assessed value and any exemptions.

Market data: Movoto, September 2026. Homeowners insurance estimates are based on average annual premiums in Oklahoma City from The Zebra; your quote will vary. Rates as of October 19, 2026. Examples only; not an offer of credit. Your rate and payment depend on your credit, down payment, loan type and other factors.

Loan officers in Oklahoma City, OK

Local experts who can walk you through today's Oklahoma City rates, your budget and the loan options that fit.

Kyle Robertson

Branch Manager, VP

NMLS ID# 319886

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5.0

From start to finish it was an extremely pleasant experience!!!

Kimberlee M.

Verified Customer

September 5, 2026

5.0

Jimmy is such a nice and professional man. He was very helpful through every step. I would definitely use him again if ever needed!!

Tammy J.

Verified Customer

September 26, 2026

5.0

Linda was great person to talk to she answered all questions that I had if I called her she would answer any time highly recommended her to anyone

Jimmy J.

Verified Customer

July 22, 2026

5.0

communication between all parties concerned with this transaction,

Mario F.

Verified Customer

August 26, 2026

5.0

Very communitave, prompt and professional. Great experience working with Lisa

Gregg G.

Verified Customer

October 3, 2026

5.0

Sara made our experience so easy and smooth! She was always happy to answer a question no matter how silly we thought it was. I honestly can't say enough great things about Sara and how easy she made everything. Thank you SO much!!

Stephanie P.

Verified Customer

August 29, 2026

Kimberlee M. rated Vito Mirra 5.0 stars: From start to finish it was an extremely pleasant experience!!! Tammy J. rated Jimmy McFarland 5.0 stars: Jimmy is such a nice and professional man. He was very helpful through every step. I would definitely use him again if ever needed!! Jimmy J. rated Linda Roudebush 5.0 stars: Linda was great person to talk to she answered all questions that I had if I called her she would answer any time highly recommended her to anyone Mario F. rated Alan Ben-Porat 5.0 stars: communication between all parties concerned with this transaction, Gregg G. rated Lisa Lessard 5.0 stars: Very communitave, prompt and professional. Great experience working with Lisa Stephanie P. rated Sara Pipkin 5.0 stars: Sara made our experience so easy and smooth! She was always happy to answer a question no matter how silly we thought it was. I honestly can't say enough great things about Sara and how easy she made everything. Thank you SO much!!

Oklahoma City Mortgage Rates Today