Mortgage Tax/Certification

Mortgage tax is calculated by dividing the amount of the mortgage by $100 (or part), then multiplying that by a rate determined by the term of the mortgage, plus a $5.00 Certification Fee.

Mortgage tax rates for Oklahoma
The following rates apply to each $100.00, or any fractional part thereof, of the mortgage amount:

If the term of the mortgage is 5 years or more
If the term of the mortgage is 4 years and less than 5 years
If the term of the mortgage is 3 years and less than 4 years
If the term of the mortgage is 2 years and less than 3 years
If the term of the mortgage is less than 2 years
If the amount of the mortgage is less than $100.00

10 cents
8 cents
6 cents
4 cents
2 cents
10 cents

Enter the mortgage amount $
and mortgage term years
then click the Go button to calculate the tax.