Mortgage Rates in Edmond, Oklahoma — March 2026
Updated March 2026 | Based on Edmond market data and regional lending conditions
Edmond is a growing city in Oklahoma with a population of 94,428. The current 30-year fixed mortgage rate in Edmond is 6.76%, which is 0.11% above the national average. With a median home price of $285,000 and a 20% down payment of $57,000, homebuyers can expect a monthly principal and interest payment of approximately $1,480.
Current Mortgage Rates in Edmond, OK
Below are the current average mortgage rates available in the Edmond 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 | 6.76% | 6.65% | +0.11% |
| 15-Year Fixed | 6% | 5.89% | +0.11% |
| 5/1 ARM | 6.26% | 6.15% | +0.11% |
| FHA | 6.36% | 6.25% | +0.11% |
| VA | 6.16% | 6.05% | +0.11% |
| Jumbo | 6.96% | 6.85% | +0.11% |
Edmond Housing Market Overview
The Edmond housing market offers relatively affordable housing compared to many major cities. The median household income in Edmond is $82,250, and the cost of living index is 93.5 (national average = 100). Based on the 28% affordability rule, the median income in Edmond is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Edmond
Based on the median home price of $285,000 with 20% down ($57,000), here is what you can expect to pay monthly in Edmond:
15-Year vs. 30-Year Mortgage in Edmond
Choosing a 15-year mortgage in Edmond at 6% instead of a 30-year at 6.76% would save you $186,480 in total interest over the life of the loan. However, your monthly payment would be $1,924 instead of $1,480 — an increase of $444 per month.
Calculate Your Edmond 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 Edmond
What are the current mortgage rates in Edmond, OK?
As of March 2026, the average 30-year fixed mortgage rate in Edmond, Oklahoma is 6.76%, while the 15-year fixed rate is 6%. FHA loans average 6.36% and VA loans 6.16%. These rates are 0.11% above the national average of 6.65%.
How much is a monthly mortgage payment in Edmond?
Based on the median home price of $285,000 with 20% down, the estimated monthly mortgage payment in Edmond is $1,480 for principal and interest. Including property taxes of $207/month, the total monthly housing cost is approximately $1,687.
What income do I need to buy a home in Edmond?
Using the 28% rule, you would need an annual income of approximately $72,300 to afford the median-priced home in Edmond at $285,000. The median household income in Edmond is $82,250. The median income is currently sufficient to meet this threshold.
Is Edmond a good place to buy a home in 2026?
Edmond offers a below-average cost of living with a cost of living index of 93.5 (national average = 100). The property tax rate in Oklahoma is 0.87%, which is near the national average. Edmond has a population of 94,428 and offers a very affordable lifestyle.
Mortgage Rates in Other Oklahoma Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Edmond, Oklahoma area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.