Closing costs in Montana
On a $500,000 home with 20% down, buyers in Montana typically pay about $7,383 to $18,000 at closing, including prepaid taxes and insurance.
Typical buyer total1.5%–3.6%Of the price, 20% down
Closings handled byA title or settlement companyCustomary in the state
Buyer-paid taxesNoneTransfer taxes are seller-paid or not charged
Buyer-paid taxes
| Tax | On $500,000 with 20% down | Note |
|---|---|---|
| None for buyers | $0 | Montana has no real estate transfer tax and no mortgage tax paid by buyers. |
Estimated closing costs by price
| Price | Loan | Closing costs | Share of price |
|---|---|---|---|
| $300,000 | Conventional, 20% down | $5,970 – $13,880 | 2.0%–4.6% |
| $300,000 | FHA, 3.5% down | $6,244 – $14,643 | 2.1%–4.9% |
| $500,000 | Conventional, 20% down | $7,383 – $18,000 | 1.5%–3.6% |
| $500,000 | FHA, 3.5% down | $7,841 – $19,272 | 1.6%–3.9% |
| $750,000 | Conventional, 20% down | $9,150 – $23,150 | 1.2%–3.1% |
| $750,000 | FHA, 3.5% down | $9,836 – $25,058 | 1.3%–3.3% |
Who pays what in Montana
Montana has no real estate transfer tax and no mortgage tax paid by buyers.
Questions
How much are closing costs for buyers in Montana?
Often about 1.5% to 3.6% of the price with 20% down, including prepaid taxes and insurance.
Do buyers pay transfer tax in Montana?
No. Montana has no real estate transfer tax and no mortgage tax paid by buyers.
More for Montana
Sources: Montana Department of Revenue. Fees are typical ranges, not quotes; your Loan Estimate lists the actual costs.