🏠 Oklahoma City, OK · 2026

Mortgage Calculator
Oklahoma City, OK

$198,000
Median Home
$1,328/mo
PITI Payment
$57K+
Salary Needed

Oklahoma City Housing Market 2026

The median home price in Oklahoma City is $198,000. At current 6.8% rates, your monthly PITI payment on an 80% conventional loan comes to $1,328/month. To qualify under standard 28% DTI guidelines, you need at least $57,000/year.

FRC Buyer Demand: COLD — buyers have strong negotiating leverage right now.

Median Home Price$198,000
20% Down Payment$39,600
Monthly P&I$1,033
Property Tax (0.88%)$145/mo
Insurance (est.)$150/mo
Total PITI$1,328/mo
Salary Needed$57K+/yr
Calculate your exact payment for any Oklahoma City home
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Frequently Asked Questions

What is the average mortgage payment in Oklahoma City, OK?
Based on the median Oklahoma City home price of $198,000 with 20% down at 6.8% rate, the estimated PITI payment is $1,328/month including principal, interest, property taxes, and home insurance.
What salary do I need to buy a home in Oklahoma City?
To afford the median Oklahoma City home under standard 28% front-end DTI guidelines, you need at least $57,000/year in gross income. Existing debt obligations may require a higher income.
Is Oklahoma City a good place to buy a home in 2026?
Oklahoma City currently shows COLD buyer demand. Buyers have significant negotiating leverage — good time to buy.
Oklahoma City Affordability → Mortgage Calculator → Credit Simulator → Days to Homeownership →
Data: NAR, Freddie Mac PMMS, US Census Bureau, Tax Foundation. Educational use only.
From the 2025 federal record

In the Oklahoma City, OK metro area, 19.1% of the 7,267 FHA applications that reached a credit decision were denied in 2025. Small applications (under $150K) were denied at 36.2%. The gap between its softest and hardest high-volume FHA door was 16.0 points (United Wholesale Mortgage 23.8% vs ROCKET MORTGAGE 39.8%). See this metro's full lender table →

CFPB HMDA 2025 · decisioned = actions 1,2,3 · historical observation, not a prediction · FinanceRateCalc

The part almost nobody publishes free

Prices and rates are widely reported. Whether a lender says yes is not. In the complete 2025 federal record, denial rates across the 100 largest FHA lenders ran from 1.8% to 78.7% — same programme, same year.

And it is not simply who applies where: standardizing on state, loan amount, income, debt-to-income and loan-to-value, applicant mix explains only a 2.7× range in expected outcomes.

Which lenders approve most → Your metro → Denied? →

CFPB HMDA 2025, computed by FinanceRateCalc. Covers the highest-volume lenders published per market, not all lenders. Historical observations, not predictions. CC BY 4.0, not independently reproduced.

The Denial Dispatch
One finding a week from the federal mortgage record.
One chart, three paragraphs, every Saturday. Measured, not assumed.
Get the Dispatch →
AI Accuracy Index The Door Effect The Denial Map Open Data About 184 Metro Gaps Evidence Navigator Hallucination Files Press Newsletter
FinanceRateCalc · Independent analysis of the complete federal HMDA record · Measured, not assumed. · No lender or AI vendor funds or previews this work.