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Mortgage Calculator &
Closing Costs: Klamath Falls, OR

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Klamath Falls, Oregon.

Median Home Price
$265K
Population
22K
Avg Monthly Rent
$1,020
Property Tax Rate
0.93%
Klamath Falls vs Oregon Median
The median home price in Klamath Falls is $265,000, which is 45% below the Oregon state median of $480,000.

Mortgage Calculator — Klamath Falls, OR

Pre-filled with Klamath Falls median home price and Oregon tax/insurance rates. Adjust for your property.

$
$53,000
%
%
years
OR avg
%
$
Monthly Payment (PITI)
$1,662
Principal + Interest + Tax + Insurance + PMI
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Principal & Interest
$1,340
per month
Taxes & Insurance
$322
per month
Total Interest Paid
$270K
over 30 years
Total Loan Cost
$482K
all payments
Payment Breakdown
Loan Amount$212,000
Principal & Interest$1,340
Property Taxes$205
Homeowners Insurance$117
Total Monthly PITI$1,662

Closing Costs — Klamath Falls, OR

Estimated closing costs based on Oregon rates and fees applied to Klamath Falls prices.

$
%
Oregon: Avg closing costs 1.4% of price. Transfer tax: 0.1%.
Estimated Closing Costs
$8,876
3.3% of purchase price
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Lender Fees
$2,333
origination, underwriting
Third-Party
$2,775
appraisal, title, inspection
Government Fees
$265
transfer taxes, recording
Prepaids + Escrow
$3,503
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,908
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,625
Recording Fee$150
Transfer Tax$265
Prepaid Taxes (3 mo)$616
Prepaid Insurance (12 mo)$1,400
Prepaid Interest (15 days)$637
Escrow Reserves$849
Total Closing Costs$8,876

Buying a Home in Klamath Falls, Oregon

The median home price in Klamath Falls is $265,000, 45% below the Oregon state median of $480,000. With a population of 21,813, Klamath Falls is a smaller market where home prices tend to be more accessible than in many parts of Oregon.

Property taxes in Oregon average 0.93% annually. This moderate property tax rate means a $265,000 home in Klamath Falls would carry roughly $205/month in property taxes. Homeowners insurance in Oregon runs approximately $1,400 per year. This is within the normal range nationally.

Average rent in Klamath Falls is $1,020/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.

Klamath Falls presents moderate affordability. The $265K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.

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Compare total costs of renting vs buying in Klamath Falls.
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