Mortgage Rates in Ardmore, Oklahoma — March 2026
Updated March 2026 | Based on Ardmore market data and regional lending conditions
Ardmore is a growing city in Oklahoma with a population of 24,698. The current 30-year fixed mortgage rate in Ardmore is 6.21%, which is 0.44% below the national average. With a median home price of $145,000 and a 20% down payment of $29,000, homebuyers can expect a monthly principal and interest payment of approximately $712.
Current Mortgage Rates in Ardmore, OK
Below are the current average mortgage rates available in the Ardmore area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.21% | 6.65% | -0.44% |
| 15-Year Fixed | 5.45% | 5.89% | -0.44% |
| 5/1 ARM | 5.71% | 6.15% | -0.44% |
| FHA | 5.81% | 6.25% | -0.44% |
| VA | 5.61% | 6.05% | -0.44% |
| Jumbo | 6.41% | 6.85% | -0.44% |
Ardmore Housing Market Overview
The Ardmore housing market offers relatively affordable housing compared to many major cities. The median household income in Ardmore is $38,000, and the cost of living index is 78 (national average = 100). Based on the 28% affordability rule, the median income in Ardmore is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Ardmore
Based on the median home price of $145,000 with 20% down ($29,000), here is what you can expect to pay monthly in Ardmore:
15-Year vs. 30-Year Mortgage in Ardmore
Choosing a 15-year mortgage in Ardmore at 5.45% instead of a 30-year at 6.21% would save you $86,220 in total interest over the life of the loan. However, your monthly payment would be $945 instead of $712 — an increase of $233 per month.
Calculate Your Ardmore Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Ardmore
What are the current mortgage rates in Ardmore, OK?
As of March 2026, the average 30-year fixed mortgage rate in Ardmore, Oklahoma is 6.21%, while the 15-year fixed rate is 5.45%. FHA loans average 5.81% and VA loans 5.61%. These rates are 0.44% below the national average of 6.65%.
How much is a monthly mortgage payment in Ardmore?
Based on the median home price of $145,000 with 20% down, the estimated monthly mortgage payment in Ardmore is $712 for principal and interest. Including property taxes of $100/month, the total monthly housing cost is approximately $812.
What income do I need to buy a home in Ardmore?
Using the 28% rule, you would need an annual income of approximately $34,800 to afford the median-priced home in Ardmore at $145,000. The median household income in Ardmore is $38,000. The median income is currently sufficient to meet this threshold.
Is Ardmore a good place to buy a home in 2026?
Ardmore offers a below-average cost of living with a cost of living index of 78 (national average = 100). The property tax rate in Oklahoma is 0.83%, which is near the national average. Ardmore has a population of 24,698 and offers a very affordable lifestyle.
Mortgage Rates in Other Oklahoma Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Ardmore, Oklahoma area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.