Oregon Property Tax Calculator
Calculate exactly what you’ll pay at closing
Interactive Tax Calculator
Your Property Tax Breakdown
Prorated taxes (buyer/seller adjustment):
$0
$0
Lender collects (reserves for next payment):
$0
$0
Lender collects (2 months cushion):
$0
$0
TOTAL DUE AT CLOSING:
$0
$0
Oregon Tax Year Timeline
July 1
Tax Year Starts
Tax Year Starts
→
Aug
Sep
Oct
Nov 15
TAXES DUE
TAXES DUE
Dec
Jan
Feb
Mar
Apr
May
June 30
Tax Year Ends
Tax Year Ends
Key Point: Property taxes paid in November cover the entire tax year (July 1 – June 30)
What Are Escrow Reserves?
Reserves = Extra Cushion Money
Your lender keeps 2 extra months of property taxes in your escrow account as a safety net. This protects both you and the lender if:
• Property taxes go up more than expected
• There are timing issues with payments
• Your account runs short for any reason
Think of it like: Having extra money in your checking account so you don’t bounce a check
The law says: Lenders can keep up to 2 months of reserves (sometimes called a “cushion”)
