Calculate your monthly mortgage payment in Oregon. Pre-filled with Oregon's median home price of $450,000 and an average property tax rate of 0.97%.
Est. Monthly Payment
$3,043
Principal & Interest
$2,491
Property Tax / mo
$364
Total Interest Paid
$514,284
| Home Price | $450,000 | Median home price in Oregon (2025) |
| Down Payment | 15% ($67,500) | Typical down payment percentage |
| Loan Amount | $382,500 | Home price minus down payment |
| Interest Rate | 6.79% | Approximate 30-year fixed rate (2025 avg) |
| Loan Term | 30 years | Most common mortgage term |
| Property Tax | 0.97% / year | Oregon average effective rate |
| Home Insurance | 0.5% / year | Approximate annual premium |
Oregon Bond Residential Loan, Rate Advantage, Cash Advantage
Cost of living: High · Population: 4,237,256
Oregon has a median home price of approximately $450,000, placing it above the national median. With a 15% down payment of $67,500, a typical buyer would finance $382,500 over 30 years. At a 6.79% fixed rate, the monthly principal and interest payment comes to $2,491.
Property taxes in Oregon average 0.97% of the assessed home value annually — one of the moderate rates in the country. Combined with an estimated $188 for homeowners insurance, your all-in monthly housing cost is approximately $3,043.
Using the 28% housing cost guideline, you would need a gross annual income of approximately $130,417 to qualify comfortably. The median household income in Oregon is $67,058.
