Portland, OR Mortgage Calculator
Estimate your monthly mortgage payment in Portland including property taxes, homeowners insurance, PMI, and 2025 loan limits.
Extra Monthly Payment
$
Estimated Monthly Payment
$3,242
Estimates are for educational purposes only and are not a loan offer or commitment to lend.
FHA Eligible
Loan Amount: $408,000
LTV: 0.01%
P&I Payment
$2,701
Total Interest
$564,269
over loan life
Payoff
30 yr
Closing Costs
$6,789–$12,673
est. range
Monthly Payment Breakdown
2025 Loan Limit Context
FHA Limit
$603,750
Conforming Limit
$806,500
Amortization Schedule
| Mo. | Payment | Principal | Interest | Balance | Total Interest |
|---|---|---|---|---|---|
| 1 | $2,701 | $338 | $2,363 | $407,662 | $2,363 |
| 2 | $2,701 | $340 | $2,361 | $407,323 | $4,724 |
| 3 | $2,701 | $342 | $2,359 | $406,981 | $7,083 |
| 4 | $2,701 | $344 | $2,357 | $406,637 | $9,440 |
| 5 | $2,701 | $346 | $2,355 | $406,292 | $11,795 |
| 6 | $2,701 | $348 | $2,353 | $405,944 | $14,148 |
| 7 | $2,701 | $350 | $2,351 | $405,594 | $16,500 |
| 8 | $2,701 | $352 | $2,349 | $405,243 | $18,849 |
| 9 | $2,701 | $354 | $2,347 | $404,889 | $21,196 |
| 10 | $2,701 | $356 | $2,345 | $404,533 | $23,541 |
| 11 | $2,701 | $358 | $2,343 | $404,175 | $25,884 |
| 12 | $2,701 | $360 | $2,341 | $403,815 | $28,224 |
Months 1–12 of 360
2025 Loan Limits — Multnomah County, OR
| Limit Type | 2025 Limit | Note |
|---|---|---|
| FHA Loan Limit (1-unit) | $603,750 | Max loan for FHA-insured mortgage |
| Conforming Loan Limit (1-unit) | $806,500 | Fannie Mae / Freddie Mac eligible |
Source: HUD / FHFA. Data as of 2025-01-15.
FAQ — Portland Mortgage
What is the average mortgage payment in Portland?
Based on the median home value of $510,000 in Portland, a 30-year conventional loan with 20% down at current illustrative rates would result in an estimated P&I payment. Add local property taxes and insurance for a full PITI estimate.
What is the 2025 FHA loan limit in Portland?
The 2025 FHA loan limit for Portland (Multnomah County) is $603,750.
What is the conforming loan limit in Portland?
The 2025 conforming loan limit for Portland is $806,500. Loans above this are considered jumbo.