Portland, OR mortgage calculator

Portland
Mortgage
Calculator

Portland's tech, apparel, and craft-manufacturing economy has driven strong home-price growth over the past decade. Multnomah County's property tax rate is above the Oregon average due to voter-approved local bonds and levies layered on top of the base rate.

1.08% county property tax
Real local rates
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$
$
Interest rate6.48%
Monthly payment
$3,436
P&I · Taxes · Insurance
Total interest
$548,948
Principal & Interest$2,725/mo
Property Tax (1.08%)$486/mo
Homeowners Insurance$225/mo

Recommended for incomes above $150k/yr (28% DTI rule)

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1.08%
Portland area property tax rate
$540,000
Portland median home price
$3,436
est. monthly payment at defaults

Portland housing market

$540,000
Median home price
$75,000
Median household income
635,067
City population

The 1.08% property tax rate reflects the county-level effective rate for Portland and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Oregon average — county-level data produces more accurate monthly payment estimates for Portland buyers. Many Portland properties also carry HOA fees — the area average is approximately $300/month, which is not included in the calculator above.

Rate history

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