Oregon mortgage calculator

Oregon
Mortgage
Calculator

Oregon's housing market is driven by Portland's strong tech economy and scenic appeal. Property taxes average 0.97%, and Measure 5 limits school and government taxes to a combined $15 per $1,000 of assessed value.

PortlandSalemEugeneGreshamHillsboro
0.97% avg property tax
Real local rates
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$
$
Interest rate6.48%
Monthly payment
$2,885
P&I · Taxes · Insurance
Total interest
$467,622
Principal & Interest$2,321/mo
Property Tax$372/mo
Homeowners Insurance$192/mo

Recommended for incomes above $125k/yr (28% DTI rule)

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0.97%
Oregon avg property tax rate
$460,000
Oregon median home price
$2,885
est. monthly payment at defaults

Oregon property taxes

Oregon's Measure 5 and 50 cap both the tax rate and assessment growth, often creating a large gap between assessed and market value.

Rate history

FAQ

Frequently Asked Questions