CALCMONEY // MORTGAGE // OR // EUGENE
Calculate your monthly mortgage payment using Eugene-specific property tax rates and local market data.
$420,000
6.9%
0.92%
108
| Principal & Interest | $2,213 |
| Property Tax | $322 |
| Homeowners Insurance (est.) | $140 |
| Total Monthly Payment (PITI) | $2,675 |
$84,000
$460,643
$114,638/yr
The median home price in Eugene is $420,000, above the national median of $420,000. With a median household income of $52,000, the price-to-income ratio is 8.1x — meaning buyers typically spend 8.1 years of gross income on the purchase price.
Property taxes in Eugene run 0.92% of assessed value. On the median home, that is $3,864 per year, or $322 per month added to your mortgage payment. This is close to the national average of 1.1%.
Oregon has a state income tax. Factor your take-home pay into how much mortgage you can comfortably carry each month.
The cost of living index in Eugene is 108 (national average = 100). Day-to-day expenses beyond housing are close to the national average.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $336,000 loan saves $15,120 in interest over 30 years.
Compare Top Eugene Mortgage Lenders