Mortgage Rates in Belgrade, Montana — March 2026
Updated March 2026 | Based on Belgrade market data and regional lending conditions
Belgrade is a growing city in Montana with a population of 11,395. The current 30-year fixed mortgage rate in Belgrade is 6.87%, which is 0.22% above the national average. With a median home price of $333,000 and a 20% down payment of $66,600, homebuyers can expect a monthly principal and interest payment of approximately $1,749.
Current Mortgage Rates in Belgrade, MT
Below are the current average mortgage rates available in the Belgrade 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 | 6.87% | 6.65% | +0.22% |
| 15-Year Fixed | 6.08% | 5.89% | +0.19% |
| 5/1 ARM | 6.32% | 6.15% | +0.17% |
| FHA | 6.56% | 6.25% | +0.31% |
| VA | 6.31% | 6.05% | +0.26% |
| Jumbo | 7.12% | 6.85% | +0.27% |
Belgrade Housing Market Overview
The Belgrade housing market reflects moderate demand with prices near the national average. The median household income in Belgrade is $48,000, and the cost of living index is 101.7 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $84,343 to comfortably afford the median-priced home in Belgrade, which exceeds the current median household income.
Monthly Payment Breakdown for Belgrade
Based on the median home price of $333,000 with 20% down ($66,600), here is what you can expect to pay monthly in Belgrade:
15-Year vs. 30-Year Mortgage in Belgrade
Choosing a 15-year mortgage in Belgrade at 6.08% instead of a 30-year at 6.87% would save you $222,840 in total interest over the life of the loan. However, your monthly payment would be $2,260 instead of $1,749 — an increase of $511 per month.
Calculate Your Belgrade 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 Belgrade
What are the current mortgage rates in Belgrade, MT?
As of March 2026, the average 30-year fixed mortgage rate in Belgrade, Montana is 6.87%, while the 15-year fixed rate is 6.08%. FHA loans average 6.56% and VA loans 6.31%. These rates are 0.22% above the national average of 6.65%.
How much is a monthly mortgage payment in Belgrade?
Based on the median home price of $333,000 with 20% down, the estimated monthly mortgage payment in Belgrade is $1,749 for principal and interest. Including property taxes of $219/month, the total monthly housing cost is approximately $1,968.
What income do I need to buy a home in Belgrade?
Using the 28% rule, you would need an annual income of approximately $84,343 to afford the median-priced home in Belgrade at $333,000. The median household income in Belgrade is $48,000. This means most households would need to either earn above the median or consider homes below $333,000.
Is Belgrade a good place to buy a home in 2026?
Belgrade has a moderate cost of living with a cost of living index of 101.7 (national average = 100). The property tax rate in Montana is 0.79%, which is below the national average. Belgrade has a population of 11,395 and offers a balanced lifestyle.
Mortgage Rates in Other Montana Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Belgrade, Montana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.