Loan details
Mid-Valley medians: Albany $342k · Corvallis $485k · Salem $375k · Lebanon $289k
Conventional 30-yr rate, May 2026. Actual rate depends on credit, lender, and loan program.
Estimate: ~1% of home price / year ÷ 12. Check your county assessor for the actual rate.
Total Monthly Payment
/month · 30-yr fixed at 6.75%
Payment breakdown
Due at closing
Total cost of this loan
At payoff, this home will have cost $638,843 total — $365,243 in interest above the purchase price. A 15-year term roughly halves that interest cost, with a higher monthly payment.
Pay it off early
Add extra to principal each month and see how much interest you save.
Even $89/mo extra on a 30-year loan can save years of payments.
Want to see how this payment stacks up against renting, or what you'll truly spend each month?
Estimates only. Monthly payment figures are based on a standard fixed-rate amortization schedule. Property tax and insurance are user-supplied estimates and vary by address and coverage level. PMI is estimated at 0.7% of the loan amount annually; actual rate is set by your lender. Closing costs are estimated at 4%; actual costs vary. Rent vs. Buy analysis uses assumed 4.2% annual Mid-Valley appreciation, 3% annual rent increases, and 7% investment return — actual figures will vary significantly. Opportunity cost is illustrative. This tool is for informational purposes only and does not constitute financial, lending, or legal advice. Consult a licensed lender for accurate figures specific to your situation.