Norman, OK mortgage calculator

Norman
Mortgage
Calculator

Norman is home to the University of Oklahoma and the National Weather Center, anchoring a stable education-driven economy south of Oklahoma City. Cleveland County's property tax rate is below Oklahoma County's.

0.88% county property tax
Real local rates
No sign-up required
$
$
Interest rate6.48%
Monthly payment
$1,611
P&I · Taxes · Insurance
Total interest
$264,308
Principal & Interest$1,312/mo
Property Tax (0.88%)$191/mo
Homeowners Insurance$108/mo

Recommended for incomes above $70k/yr (28% DTI rule)

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0.88%
Norman area property tax rate
$260,000
Norman median home price
$1,611
est. monthly payment at defaults

Norman housing market

$260,000
Median home price
$58,000
Median household income
128,026
City population

The 0.88% property tax rate reflects the county-level effective rate for Norman and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Oklahoma average — county-level data produces more accurate monthly payment estimates for Norman buyers. Many Norman properties also carry HOA fees — the area average is approximately $100/month, which is not included in the calculator above.

Rate history

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