Mortgage Rates in Evergreen, Montana — March 2026
Updated March 2026 | Based on Evergreen market data and regional lending conditions
Evergreen is a growing city in Montana with a population of 8,482. The current 30-year fixed mortgage rate in Evergreen is 6.75%, which is 0.1% above the national average. With a median home price of $328,000 and a 20% down payment of $65,600, homebuyers can expect a monthly principal and interest payment of approximately $1,702.
Current Mortgage Rates in Evergreen, MT
Below are the current average mortgage rates available in the Evergreen 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 | 6.75% | 6.65% | +0.1% |
| 15-Year Fixed | 5.99% | 5.89% | +0.1% |
| 5/1 ARM | 6.25% | 6.15% | +0.1% |
| FHA | 6.5% | 6.25% | +0.25% |
| VA | 6.25% | 6.05% | +0.2% |
| Jumbo | 7% | 6.85% | +0.15% |
Evergreen Housing Market Overview
The Evergreen housing market reflects moderate demand with prices near the national average. The median household income in Evergreen is $52,300, and the cost of living index is 98.2 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $81,943 to comfortably afford the median-priced home in Evergreen, which exceeds the current median household income.
Monthly Payment Breakdown for Evergreen
Based on the median home price of $328,000 with 20% down ($65,600), here is what you can expect to pay monthly in Evergreen:
15-Year vs. 30-Year Mortgage in Evergreen
Choosing a 15-year mortgage in Evergreen at 5.99% instead of a 30-year at 6.75% would save you $214,380 in total interest over the life of the loan. However, your monthly payment would be $2,213 instead of $1,702 — an increase of $511 per month.
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Open Free CalculatorFrequently Asked Questions About Mortgages in Evergreen
What are the current mortgage rates in Evergreen, MT?
As of March 2026, the average 30-year fixed mortgage rate in Evergreen, Montana is 6.75%, while the 15-year fixed rate is 5.99%. FHA loans average 6.5% and VA loans 6.25%. These rates are 0.1% above the national average of 6.65%.
How much is a monthly mortgage payment in Evergreen?
Based on the median home price of $328,000 with 20% down, the estimated monthly mortgage payment in Evergreen is $1,702 for principal and interest. Including property taxes of $210/month, the total monthly housing cost is approximately $1,912.
What income do I need to buy a home in Evergreen?
Using the 28% rule, you would need an annual income of approximately $81,943 to afford the median-priced home in Evergreen at $328,000. The median household income in Evergreen is $52,300. This means most households would need to either earn above the median or consider homes below $328,000.
Is Evergreen a good place to buy a home in 2026?
Evergreen offers a below-average cost of living with a cost of living index of 98.2 (national average = 100). The property tax rate in Montana is 0.77%, which is below the national average. Evergreen has a population of 8,482 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 Evergreen, Montana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.