Montana Closing Costs Calculator
Estimate closing costs for buying a home in Montana. Average closing costs run 1.5% of the purchase price (about $6K on the median home).
Montana: Avg closing costs 1.5% of price. Transfer tax: 0%.
Lender Fees
$3,521
origination, underwriting
Third-Party
$3,600
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$5,075
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$3,096
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$2,450
Recording Fee$150
Prepaid Taxes (3 mo)$796
Prepaid Insurance (12 mo)$2,100
Prepaid Interest (15 days)$1,034
Escrow Reserves$1,146
Total Closing Costs$12,196
Montana Housing at a Glance
Median Home Price
$430K
Montana statewide
Property Tax Rate
0.74%
$265/mo on median
Avg Closing Costs
$6K
1.5% of purchase price
Homeowners Insurance
$2,100/yr
$175/mo
Montana First-Time Buyer Program
MBOH Regular Bond Program
Down payment assistance: Up to $15,000 DPA