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Tulsa, OK mortgage & affordability calculator

The typical home in Tulsa, OK is worth about $220,000. With 20% down that's a loan near $176,000 — the calculator is pre-filled with that figure. Tulsa is one of the more affordable metros in the country, letting a median-income household comfortably afford a median-priced home. As across Oklahoma, tornado and hail exposure make homeowners insurance the biggest wildcard in the monthly budget.

$1,142.70 / month

Total interest
$235,375
Total paid
$411,375
Payoff
30.0 years
Balance over YearBalance ends near $0 at 30.$0$44k$88k$132k$176k0612182430Year

How much you need to earn

Tulsa, OK's median household income is about $60,000 a year. Under standard 28/36 lending rules that supports a home price around $186,469 with 20% down — below the $220,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.

$186,469 max home price

Max loan amount
$142,469
Housing payment budget
$1,400
P&I budget
$925
Bound by
front-end ratio

Uses the 28% front-end / 36% back-end DTI guidelines. Lenders vary.

Typical asking rent in Tulsa, OK is about $1,150 a month, so owning the median home costs roughly $468 more per month before tax effects, maintenance, and any change in home value.

Frequently asked questions

What is a typical mortgage payment in Tulsa, OK?
On the metro's roughly $220,000 typical home with 20% down, the loan is about $176,000. Principal and interest run near $1,143 a month at today's rate, and Tulsa, OK's property tax plus insurance add about $475, for a full payment near $1,618.
Can I afford a home in Tulsa, OK on the median income?
The median household income is about $60,000 a year. Under standard 28/36 lending rules that supports a home price around $186,469 with 20% down — below the $220,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Tulsa, OK?
Typical asking rent is about $1,150 a month. The full owner payment on a median home is near $1,618, so owning costs roughly $468 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Tulsa, OK?
The effective property tax rate in the core county is about 1.00% of market value — roughly $2,200 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Tulsa, OK rising or falling?
Home values are up about 3% over the past year. Tulsa is one of the more affordable metros in the country, letting a median-income household comfortably afford a median-priced home. As across Oklahoma, tornado and hail exposure make homeowners insurance the biggest wildcard in the monthly budget.

Nearby metros

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