Mortgage Rates in Enid, Oklahoma — March 2026
Updated March 2026 | Based on Enid market data and regional lending conditions
Enid is a growing city in Oklahoma with a population of 49,379. The current 30-year fixed mortgage rate in Enid is 6.8%, which is 0.15% above the national average. With a median home price of $165,000 and a 20% down payment of $33,000, homebuyers can expect a monthly principal and interest payment of approximately $861.
Current Mortgage Rates in Enid, OK
Below are the current average mortgage rates available in the Enid 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 | 6.8% | 6.65% | +0.15% |
| 15-Year Fixed | 6.03% | 5.89% | +0.14% |
| 5/1 ARM | 6.28% | 6.15% | +0.13% |
| FHA | 6.53% | 6.25% | +0.28% |
| VA | 6.28% | 6.05% | +0.23% |
| Jumbo | 7.05% | 6.85% | +0.2% |
Enid Housing Market Overview
The Enid housing market offers relatively affordable housing compared to many major cities. The median household income in Enid is $44,700, and the cost of living index is 89 (national average = 100). Based on the 28% affordability rule, the median income in Enid is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Enid
Based on the median home price of $165,000 with 20% down ($33,000), here is what you can expect to pay monthly in Enid:
15-Year vs. 30-Year Mortgage in Enid
Choosing a 15-year mortgage in Enid at 6.03% instead of a 30-year at 6.8% would save you $109,080 in total interest over the life of the loan. However, your monthly payment would be $1,116 instead of $861 — an increase of $255 per month.
Calculate Your Enid 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 Enid
What are the current mortgage rates in Enid, OK?
As of March 2026, the average 30-year fixed mortgage rate in Enid, Oklahoma is 6.8%, while the 15-year fixed rate is 6.03%. FHA loans average 6.53% and VA loans 6.28%. These rates are 0.15% above the national average of 6.65%.
How much is a monthly mortgage payment in Enid?
Based on the median home price of $165,000 with 20% down, the estimated monthly mortgage payment in Enid is $861 for principal and interest. Including property taxes of $125/month, the total monthly housing cost is approximately $986.
What income do I need to buy a home in Enid?
Using the 28% rule, you would need an annual income of approximately $42,257 to afford the median-priced home in Enid at $165,000. The median household income in Enid is $44,700. The median income is currently sufficient to meet this threshold.
Is Enid a good place to buy a home in 2026?
Enid offers a below-average cost of living with a cost of living index of 89 (national average = 100). The property tax rate in Oklahoma is 0.91%, which is near the national average. Enid has a population of 49,379 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 Enid, Oklahoma area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.