Oregon Mortgage Calculator
Calculate your monthly payment in Oregon, with property tax included using the state's effective rate of 0.81%. See your full amortization schedule and analyze your loan structure.
Pick a state to use its property tax rate. With a keyboard, use the arrow keys and press Enter.
Estimated Monthly Payment
Estimates only. Does not include homeowners insurance, mortgage insurance (PMI), or HOA fees. Property tax uses the state's average effective rate and your actual bill may differ.
Yearly Amortization Schedule
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|---|---|---|
| 1 | $3,577 | $20,695 | $316,423 |
| 2 | $3,816 | $20,455 | $312,607 |
| 3 | $4,072 | $20,200 | $308,535 |
| 4 | $4,345 | $19,927 | $304,191 |
| 5 | $4,636 | $19,636 | $299,555 |
| 6 | $4,946 | $19,325 | $294,609 |
| 7 | $5,277 | $18,994 | $289,332 |
| 8 | $5,631 | $18,641 | $283,701 |
| 9 | $6,008 | $18,264 | $277,694 |
| 10 | $6,410 | $17,861 | $271,284 |
| 11 | $6,839 | $17,432 | $264,444 |
| 12 | $7,297 | $16,974 | $257,147 |
| 13 | $7,786 | $16,485 | $249,361 |
| 14 | $8,308 | $15,964 | $241,053 |
| 15 | $8,864 | $15,407 | $232,189 |
| 16 | $9,458 | $14,814 | $222,732 |
| 17 | $10,091 | $14,180 | $212,641 |
| 18 | $10,767 | $13,505 | $201,874 |
| 19 | $11,488 | $12,784 | $190,386 |
| 20 | $12,257 | $12,014 | $178,129 |
| 21 | $13,078 | $11,193 | $165,051 |
| 22 | $13,954 | $10,317 | $151,097 |
| 23 | $14,888 | $9,383 | $136,208 |
| 24 | $15,886 | $8,386 | $120,323 |
| 25 | $16,949 | $7,322 | $103,373 |
| 26 | $18,085 | $6,187 | $85,289 |
| 27 | $19,296 | $4,976 | $65,993 |
| 28 | $20,588 | $3,683 | $45,405 |
| 29 | $21,967 | $2,305 | $23,438 |
| 30 | $23,438 | $833 | $0 |
Property tax in Oregon: the numbers
Oregon's effective property tax rate is 0.81%, which is 12% below the 0.92% national average. The state shares 24th place with Washington when the 50 states are ranked from highest rate to lowest.
A median-valued home in Oregon is worth $477,600 and carries a median property tax of $3,876 per year, or roughly $323 per month. By median home value the state ranks 7th out of 50 (1 = highest), and by median annual property tax it ranks 14th.
| Effective property tax rate | 0.81% |
|---|---|
| Median home value | $477,600 |
| Median annual property tax | $3,876 |
| Rank by rate (1 = highest of 50) | 24 (tied with Washington) |
| Difference vs 0.92% national average | 0.11 points below (12% below) |
What this means for your monthly payment
Two worked examples for Oregon, using the figures above:
Example 1: the median home
$3,876 per year ÷ 12 = about $323 per month in property tax (median home value: $477,600).
Example 2: a $300,000 home
$300,000 × 0.81% ÷ 12 = about $203 per month, or $2,430 per year.
At the 0.92% national average rate, a $300,000 home would have about $2,760 in property tax per year. In Oregon it is about $2,430, which is $330 less per year (about $27 less per month).
Compare with similar states
States ranked just above and just below Oregon by effective property tax rate (1 = highest). States with the same rate are ordered by median annual tax.
Ranked just above (higher rate)
- Maine — 1.02% (rank 19)
- North Dakota — 0.99% (rank 21)
- Maryland — 0.97% (rank 22)
- Missouri — 0.85% (rank 23)
- Washington — 0.81% (rank 24)
Oregon property tax FAQ
What is the property tax rate in Oregon?
The effective property tax rate in Oregon is 0.81%. That is 12% below the 0.92% national average, and the state shares 24th place with Washington when the 50 states are ranked from highest rate to lowest.
How much is property tax on a $300,000 home in Oregon?
At Oregon's effective rate of 0.81%, property tax on a $300,000 home works out to about $2,430 per year, or about $203 per month. At the 0.92% national average, the same home would be about $2,760 per year, so Oregon is about $330 less per year.
How much is property tax on the median home in Oregon?
The median home value in Oregon is $477,600, and the median annual property tax is $3,876, which is about $323 per month.
Does the property tax rate vary inside Oregon?
Yes. Property taxes are set locally, so actual bills depend on your county, city, and exemptions. The 0.81% figure is a state-level estimate based on medians, not a rate that applies to every home.
Figures are estimates based on Census data and are not tax or financial advice. Actual bills depend on your local rates, assessed value and exemptions.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, as compiled by PropertyShark and PropertyTaxByState.