Mortgage Rates in Bend, Oregon — March 2026
Updated March 2026 | Based on Bend market data and regional lending conditions
Bend is a growing city in Oregon with a population of 102,059. The current 30-year fixed mortgage rate in Bend is 6.6%, which is 0.05% below the national average. With a median home price of $625,000 and a 20% down payment of $125,000, homebuyers can expect a monthly principal and interest payment of approximately $3,193.
Current Mortgage Rates in Bend, OR
Below are the current average mortgage rates available in the Bend area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.6% | 6.65% | -0.05% |
| 15-Year Fixed | 5.84% | 5.89% | -0.05% |
| 5/1 ARM | 6.1% | 6.15% | -0.05% |
| FHA | 6.2% | 6.25% | -0.05% |
| VA | 6% | 6.05% | -0.05% |
| Jumbo | 6.8% | 6.85% | -0.05% |
Bend Housing Market Overview
The Bend housing market is competitive with prices well above the national median. The median household income in Bend is $68,250, and the cost of living index is 118.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $158,486 to comfortably afford the median-priced home in Bend, which exceeds the current median household income.
Monthly Payment Breakdown for Bend
Based on the median home price of $625,000 with 20% down ($125,000), here is what you can expect to pay monthly in Bend:
15-Year vs. 30-Year Mortgage in Bend
Choosing a 15-year mortgage in Bend at 5.84% instead of a 30-year at 6.6% would save you $397,800 in total interest over the life of the loan. However, your monthly payment would be $4,176 instead of $3,193 — an increase of $983 per month.
Calculate Your Bend Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Bend
What are the current mortgage rates in Bend, OR?
As of March 2026, the average 30-year fixed mortgage rate in Bend, Oregon is 6.6%, while the 15-year fixed rate is 5.84%. FHA loans average 6.2% and VA loans 6%. These rates are 0.05% below the national average of 6.65%.
How much is a monthly mortgage payment in Bend?
Based on the median home price of $625,000 with 20% down, the estimated monthly mortgage payment in Bend is $3,193 for principal and interest. Including property taxes of $505/month, the total monthly housing cost is approximately $3,698.
What income do I need to buy a home in Bend?
Using the 28% rule, you would need an annual income of approximately $158,486 to afford the median-priced home in Bend at $625,000. The median household income in Bend is $68,250. This means most households would need to either earn above the median or consider homes below $625,000.
Is Bend a good place to buy a home in 2026?
Bend has a moderate cost of living with a cost of living index of 118.5 (national average = 100). The property tax rate in Oregon is 0.97%, which is near the national average. Bend has a population of 102,059 and offers a balanced lifestyle.
Mortgage Rates in Other Oregon Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Bend, Oregon area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.