Student Loan Calculators Oklahoma

Oklahoma Student Loan Repayment Calculator

Calculate student loan payments in Oklahoma. Compare standard, IDR, and forgiveness plans. See total cost with state tax impact.

Use Calculator Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Oklahoma Quick Facts

4.8% Income Tax Rate

0.90% Property Tax Rate

$55,826 Median Income

86.6 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Student loan repayment calculator for Oklahoma residents. Standard repayment uses fixed amortization. Income-Driven Repayment (IDR) estimate is 10% of discretionary income (income above 225% of federal poverty level). Oklahoma taxes income at up to 4.75%, affecting your net repayment cost. Federal student loan interest deduction: up to $2,500/year if income qualifies.

Key State Information

Oklahoma student loan facts: Median income $55,826 | Cost of living index: 86.6 | State income tax up to 4.75%. Average student debt nationally: ~$37,000.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Federal Student Aid, Census Bureau

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

What are student loan repayment options in Oklahoma?

Oklahoma residents can use federal repayment plans: Standard (10 years fixed), Graduated, Extended, and Income-Driven (SAVE, PAYE, IBR, ICR). With Oklahoma's income tax of up to 4.75%, effective cost of repayment is higher. PSLF is available for qualifying public service workers after 120 payments.

How much is the average student loan payment in Oklahoma?

Based on the national average debt of $37,000 at 5.5% interest, the standard monthly payment is about $401/month over 10 years. In Oklahoma, with a median income of $55,826, this represents about 9% of median household income.