Fold the edges of the towel in to the center.
Hang the towel over the oven door handle. Gather the front portion and rubberband.
Twist the rubberband into a figure eight. Feed the back part of the towel through the back circle of the rubberband.
Startin with a corner, pull the front part of the towel through a napkin ring. Position the napkin ring over the front part of the rubberband. Tweak the towel so that it is hanging evenly with the napkin ring hiding the view of the back part of the rubberband.