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Mortgage Calculator &
Closing Costs: Helena, MT

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Helena, Montana.

Median Home Price
$375K
Population
33K
Avg Monthly Rent
$1,280
Property Tax Rate
0.74%
Helena vs Montana Median
The median home price in Helena is $375,000, which is 13% below the Montana state median of $430,000.

Mortgage Calculator — Helena, MT

Pre-filled with Helena median home price and Montana tax/insurance rates. Adjust for your property.

$
$75,000
%
%
years
MT avg
%
$
Monthly Payment (PITI)
$2,302
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$1,896
per month
Taxes & Insurance
$406
per month
Total Interest Paid
$383K
over 30 years
Total Loan Cost
$683K
all payments
Payment Breakdown
Loan Amount$300,000
Principal & Interest$1,896
Property Taxes$231
Homeowners Insurance$175
Total Monthly PITI$2,302

Closing Costs — Helena, MT

Estimated closing costs based on Montana rates and fees applied to Helena prices.

$
%
Montana: Avg closing costs 1.5% of price. Transfer tax: 0%.
Estimated Closing Costs
$11,189
3.0% of purchase price
Lender Fees
$3,125
origination, underwriting
Third-Party
$3,325
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$4,739
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$2,700
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$2,175
Recording Fee$150
Prepaid Taxes (3 mo)$694
Prepaid Insurance (12 mo)$2,100
Prepaid Interest (15 days)$902
Escrow Reserves$1,044
Total Closing Costs$11,189

Buying a Home in Helena, Montana

The median home price in Helena is $375,000, 13% below the Montana state median of $430,000. With a population of 33,124, Helena is a smaller market where home prices tend to be more accessible than in many parts of Montana.

Property taxes in Montana average 0.74% annually. This moderate property tax rate means a $375,000 home in Helena would carry roughly $231/month in property taxes. Homeowners insurance in Montana runs approximately $2,100 per year. This is within the normal range nationally.

Average rent in Helena is $1,280/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.

Helena presents moderate affordability. The $375K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.

Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Helena.
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