Calculate your monthly mortgage payment in Montana. Pre-filled with Montana's median home price of $440,000 and an average property tax rate of 0.84%.
Est. Monthly Payment
$3,078
Principal & Interest
$2,587
Property Tax / mo
$308
Total Interest Paid
$535,285
| Home Price | $440,000 | Median home price in Montana (2025) |
| Down Payment | 10% ($44,000) | Typical down payment percentage |
| Loan Amount | $396,000 | Home price minus down payment |
| Interest Rate | 6.82% | Approximate 30-year fixed rate (2025 avg) |
| Loan Term | 30 years | Most common mortgage term |
| Property Tax | 0.84% / year | Montana average effective rate |
| Home Insurance | 0.5% / year | Approximate annual premium |
MBOH Bond Advantage, MBOH Plus 0% DPA
Cost of living: Moderate · Population: 1,084,225
Montana has a median home price of approximately $440,000, placing it above the national median. With a 10% down payment of $44,000, a typical buyer would finance $396,000 over 30 years. At a 6.82% fixed rate, the monthly principal and interest payment comes to $2,587.
Property taxes in Montana average 0.84% of the assessed home value annually — one of the moderate rates in the country. Combined with an estimated $183 for homeowners insurance, your all-in monthly housing cost is approximately $3,078.
Using the 28% housing cost guideline, you would need a gross annual income of approximately $131,910 to qualify comfortably. The median household income in Montana is $57,153.
