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Mortgage Calculator &
Closing Costs: Lewistown, MT

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

Median Home Price
$235K
Population
6K
Avg Monthly Rent
$880
Property Tax Rate
0.74%
Lewistown vs Montana Median
The median home price in Lewistown is $235,000, which is 45% below the Montana state median of $430,000.

Mortgage Calculator — Lewistown, MT

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

$
$47,000
%
%
years
MT avg
%
$
Monthly Payment (PITI)
$1,508
Principal + Interest + Tax + Insurance + PMI
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Principal & Interest
$1,188
per month
Taxes & Insurance
$320
per month
Total Interest Paid
$240K
over 30 years
Total Loan Cost
$428K
all payments
Payment Breakdown
Loan Amount$188,000
Principal & Interest$1,188
Property Taxes$145
Homeowners Insurance$175
Total Monthly PITI$1,508

Closing Costs — Lewistown, MT

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

$
%
Montana: Avg closing costs 1.5% of price. Transfer tax: 0%.
Estimated Closing Costs
$8,626
3.7% of purchase price
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Lender Fees
$2,117
origination, underwriting
Third-Party
$2,625
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$3,884
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,692
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,475
Recording Fee$150
Prepaid Taxes (3 mo)$435
Prepaid Insurance (12 mo)$2,100
Prepaid Interest (15 days)$565
Escrow Reserves$785
Total Closing Costs$8,626

Buying a Home in Lewistown, Montana

The median home price in Lewistown is $235,000, 45% below the Montana state median of $430,000. With a population of 5,941, Lewistown 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 $235,000 home in Lewistown would carry roughly $145/month in property taxes. Homeowners insurance in Montana runs approximately $2,100 per year. This is within the normal range nationally.

Average rent in Lewistown is $880/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.

Lewistown offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Montana's MBOH Regular Bond Program program.

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