CALCMONEY // MORTGAGE // OR
Calculate your monthly mortgage payment using Oregon-specific property tax rates, current average interest rates, and local median home prices.
Open Full Calculator$490,000
6.9%
0.97%
4.75%–9.9%
How today's 6.9% rate compares to recent years
| Period | 30-Yr Rate | vs. Today |
|---|---|---|
| 2026 (current) | 6.9% | — |
| 2024 avg | 7.32% | -0.42% |
| 2023 avg | 7.75% | -0.85% |
| 2022 peak | 7.58% | -0.68% |
| 2021 avg | 3.50% | +3.40% |
| 2020 avg | 3.30% | +3.60% |
Rate estimates based on Freddie Mac Primary Mortgage Market Survey national averages adjusted for Oregon market conditions. Actual rates vary by lender and borrower profile.
| Principal & Interest | $2,582 |
| Property Tax | $396 |
| Homeowners Insurance (est.) | $163 |
| Total Monthly Payment (PITI) | $3,141 |
$98,000
$537,417
$134,620/yr
The median home price in Oregon is $490,000, above the national median of $420,000. With a median household income of $71,400, the price-to-income ratio is 6.9x.
Property taxes in Oregon average 0.97% of assessed value. On the median home, that is $4,753 per year, or $396 per month added to your mortgage payment.
Oregon has a state income tax of 4.75%–9.9%. Factor this into your take-home pay when calculating how much mortgage you can afford.
The cost of living index in Oregon is 113 (national average = 100). Expect to pay more for groceries, transportation, and healthcare in addition to housing.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $392,000 loan saves $17,640 in interest over 30 years.
Compare Top Oregon Mortgage LendersNew Jersey
$505,000 median
UTUtah
$505,000 median
NHNew Hampshire
$470,000 median
IDIdaho
$445,000 median