| Transfer tax | Documentary stamp tax $0.75 per $500 of value (0.15%). |
|---|---|
| Usually paid by | Seller (customary) |
| Mortgage tax | Mortgage tax $0.10 per $100 of mortgage debt. |
| Attorney at closing | Not required |
| Recording | Recording fees are set by the county clerk, typically a flat fee per document. |
What drives your total
Lender fees, title insurance, prepaid taxes and insurance, and any points you buy move the number most. On a $400,000 purchase, 2–5% means roughly $8,000–$20,000 at the table, your Loan Estimate itemizes every dollar three business days before closing.
Ways to reduce cash to close
- Seller credits (negotiated in the contract, program limits apply)
- Lender credits in exchange for a slightly higher rate
- Down payment assistance programs where available
- Closing on time, per-diem interest accrues daily
Sources: Tax Foundation 2026 (2024 ACS); NAR/NCSL transfer tax table. Figures are typical ranges, not quotes.
FAQ
How much are closing costs in Oklahoma?
Buyer closing costs in Oklahoma typically run 2–5% of the purchase price. State-specific items include: Documentary stamp tax $0.75 per $500 of value (0.15%). Mortgage tax: Mortgage tax $0.10 per $100 of mortgage debt.
Who pays transfer tax in Oklahoma?
Customarily the seller (customary) pays the transfer tax in Oklahoma, though it is negotiable in the contract.
Does Oklahoma require an attorney at closing?
No, Oklahoma does not require an attorney at closing, though title insurance is still standard.