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Mortgage Calculator &
Closing Costs: Muskogee, OK

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Muskogee, Oklahoma.

Median Home Price
$125K
Population
37K
Avg Monthly Rent
$750
Property Tax Rate
0.88%
Muskogee vs Oklahoma Median
The median home price in Muskogee is $125,000, which is 40% below the Oklahoma state median of $210,000.

Mortgage Calculator — Muskogee, OK

Pre-filled with Muskogee median home price and Oklahoma tax/insurance rates. Adjust for your property.

$
$25,000
%
%
years
OK avg
%
$
Monthly Payment (PITI)
$1,024
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$632
per month
Taxes & Insurance
$392
per month
Total Interest Paid
$128K
over 30 years
Total Loan Cost
$228K
all payments
Payment Breakdown
Loan Amount$100,000
Principal & Interest$632
Property Taxes$92
Homeowners Insurance$300
Total Monthly PITI$1,024

Closing Costs — Muskogee, OK

Estimated closing costs based on Oklahoma rates and fees applied to Muskogee prices.

$
%
Oklahoma: Avg closing costs 1.3% of price. Transfer tax: 0.075%.
Estimated Closing Costs
$8,544
6.8% of purchase price
Lender Fees
$1,325
origination, underwriting
Third-Party
$2,075
appraisal, title, inspection
Government Fees
$94
transfer taxes, recording
Prepaids + Escrow
$5,051
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$900
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$925
Recording Fee$150
Transfer Tax$94
Prepaid Taxes (3 mo)$275
Prepaid Insurance (12 mo)$3,600
Prepaid Interest (15 days)$301
Escrow Reserves$875
Total Closing Costs$8,544

Buying a Home in Muskogee, Oklahoma

The median home price in Muskogee is $125,000, 40% below the Oklahoma state median of $210,000. With a population of 36,542, Muskogee is a smaller market where home prices tend to be more accessible than in many parts of Oklahoma.

Property taxes in Oklahoma average 0.88% annually. This moderate property tax rate means a $125,000 home in Muskogee would carry roughly $92/month in property taxes. Homeowners insurance in Oklahoma runs approximately $3,600 per year. Insurance costs are notably high — factor this into your monthly budget.

Average rent in Muskogee is $750/month. With a price-to-rent ratio under 15, buying may be more cost-effective than renting in Muskogee over the long term.

Muskogee offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Oklahoma's OHFA Homebuyer DPA program.

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