Oregon Mortgage Calculator (2026)
Calculate your monthly payment with Oregon-specific property tax (0.97%) and average insurance ($950/yr).
Monthly payment
Payment breakdown
Loan summary
Amortization schedule (first 12 + every 12 months)
| Month | Principal | Interest | PMI/MIP | Balance |
|---|---|---|---|---|
| 1 | $371.81 | $2,646.00 | $189.00 | $453,228 |
| 2 | $373.98 | $2,643.83 | $189.00 | $452,854 |
| 3 | $376.16 | $2,641.65 | $189.00 | $452,478 |
| 4 | $378.36 | $2,639.46 | $189.00 | $452,100 |
| 5 | $380.56 | $2,637.25 | $189.00 | $451,719 |
| 6 | $382.78 | $2,635.03 | $189.00 | $451,336 |
| 7 | $385.02 | $2,632.80 | $189.00 | $450,951 |
| 8 | $387.26 | $2,630.55 | $189.00 | $450,564 |
| 9 | $389.52 | $2,628.29 | $189.00 | $450,175 |
| 10 | $391.79 | $2,626.02 | $189.00 | $449,783 |
| 11 | $394.08 | $2,623.73 | $189.00 | $449,389 |
| 12 | $396.38 | $2,621.43 | $189.00 | $448,992 |
| 24 | $425.03 | $2,592.78 | $189.00 | $444,051 |
| 36 | $455.76 | $2,562.05 | $189.00 | $438,754 |
| 48 | $488.70 | $2,529.11 | $189.00 | $433,073 |
| 60 | $524.03 | $2,493.78 | $189.00 | $426,981 |
| 72 | $561.92 | $2,455.90 | $189.00 | $420,449 |
| 84 | $602.54 | $2,415.28 | $189.00 | $413,445 |
| 96 | $646.09 | $2,371.72 | $189.00 | $405,934 |
| 108 | $692.80 | $2,325.01 | $189.00 | $397,881 |
| 120 | $742.88 | $2,274.93 | — | $389,245 |
| 132 | $796.59 | $2,221.23 | — | $379,985 |
| 144 | $854.17 | $2,163.64 | — | $370,056 |
| 156 | $915.92 | $2,101.89 | — | $359,409 |
| 168 | $982.13 | $2,035.68 | — | $347,992 |
| 180 | $1,053.13 | $1,964.68 | — | $335,750 |
| 192 | $1,129.26 | $1,888.55 | — | $322,622 |
| 204 | $1,210.89 | $1,806.92 | — | $308,546 |
| 216 | $1,298.43 | $1,719.38 | — | $293,453 |
| 228 | $1,392.29 | $1,625.52 | — | $277,268 |
| 240 | $1,492.94 | $1,524.87 | — | $259,913 |
| 252 | $1,600.87 | $1,416.94 | — | $241,304 |
| 264 | $1,716.60 | $1,301.22 | — | $221,349 |
| 276 | $1,840.69 | $1,177.12 | — | $199,952 |
| 288 | $1,973.75 | $1,044.06 | — | $177,008 |
| 300 | $2,116.43 | $901.38 | — | $152,406 |
| 312 | $2,269.43 | $748.38 | — | $126,024 |
| 324 | $2,433.49 | $584.32 | — | $97,736 |
| 336 | $2,609.41 | $408.41 | — | $67,403 |
| 348 | $2,798.04 | $219.77 | — | $34,877 |
| 360 | $3,000.31 | $17.50 | — | $0 |
What the payment actually costs
The carrying cost that lenders leave out of the headline number: at 0.97% effective, Oregon sits 25th of 51 states and adds around $323 a month to a $400,000 home, or $3,880 a year.
Homeowners insurance runs about $950 a year in Oregon, 51st of 51 states and below the $1,552 national average. Together, tax and insurance add roughly $403 a month to the payment before you have paid a dollar of principal.
How this fits the rest of your tax bill
Oregon taxes both income and property, so neither side offsets the other. Property tax at 0.97% ranks 25th of 51, and state income tax applies on top. Model both together when comparing against a no-income-tax state, because the comparison flips depending on how much house you buy relative to what you earn.
Housing costs compound with the rate. Oregon runs about 5% above national-average costs, so the same 0.97% rate applies to a larger assessed value than it would elsewhere. A percentage rate is only half the number that matters; the base it applies to is the other half.
Property tax rates are effective statewide averages; your county assessor sets the actual figure and it varies widely within a state. See our methodology.