3.80% FHA
$420,000
$842/mo
1206 Matador Avenue
Billings, MT
3 bd2 ba2,236 sqft
Montana · Statewide
Keep the rate.
Buy the home in Montana.
249 assumable homes for sale in Montana, with locked rates from 2.20%. Take over the seller’s existing FHA, VA, or USDA loan instead of financing at today’s 7.2%.
Median assumable rate
4.30%
vs 7.2% market
$635/mo saved
Median locked rate
4.30%
Across 249 assumable listings
Typical monthly savings
$635
On a $549,000 home vs 7.2%
Certified listings
0
Loan terms confirmed with the listing agent
Loan types
VA · FHA
Government-backed loans are assumable by law
Verified in Montana
Homes with a rate worth keeping
6.50% VA
$550,000
$2,402/mo
5213 Shepherd Acton Road
Shepherd, MT
3 bd1 ba1,814 sqft
5.97% FHA
$265,000
$401/mo
116 Crawford Avenue
Hardin, MT
3 bd2 ba1,456 sqft
Inventory snapshot
What’s assumable in Montana right now
Live counts from the MLS feeds we index for Montana. Updated September 2026.
- Active listings
- 249
- Certified / verified
- 0
- Lowest rate
- 2.20%
- Median rate
- 4.30%
- Median list price
- $549,000
- Median cash to assume
- $216,776
Listings by locked rate
- Under 4%108 homes
- 4% – 5%30 homes
- 5% – 6%11 homes
- 6% and up97 homes
Listings by loan type
- VA158 homesmedian 4.07%
- FHA91 homesmedian 5.22%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homes by Montana ZIP code
- 59901
29 assumable homes · median 4.98%
median $579,000
- 59404
16 assumable homes · median 3.81%
median $422,000
- 59701
12 assumable homes · median 6.50%
median $409,000
- 59602
11 assumable homes · median 3.97%
median $510,000
- 59405
10 assumable homes · median 5.87%
median $365,000
- 59923
10 assumable homes · median 3.57%
median $536,500
- 59860
8 assumable homes · median 4.05%
median $699,000
- 59401
7 assumable homes · median 6.65%
median $334,000
Across Montana
Assumable homes by Montana city
Run your numbers
The cost of waiting in Montana.
A 7.2% new loan against an assumable one at 4.30%, same balance, 30 years.
You keep every month
$809/mo
Over a year$9,711
Monthly payment, side by side
7.2% vs 4.30%
How an assumption works
Three steps. One lower payment.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written.
- 01
Find a locked rate
Every listing here carries an existing FHA, VA, or USDA loan you can take over. Filter by rate, payment, or down payment.
- 02
Qualify with the servicer
You apply with the current lender, not a new one. Our team handles the paperwork and the timeline.
- 03
Close and keep the rate
The seller’s balance, rate, and remaining term become yours. No points, no rate shopping, no reset to 30 years.
Questions
Assuming a mortgage in Montana
Numbers below come from current Montana inventory and update as listings change.
- How many assumable homes are for sale in Montana?
- As of September 2026, UMe tracks 249 active assumable listings in Montana. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
- What types of assumable loans are available in Montana?
- Current Montana inventory breaks down as VA (158, median 4.07%) and FHA (91, median 5.22%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
- What is the lowest assumable mortgage rate in Montana right now?
- The lowest rate on an active Montana assumable listing is 2.20%, and the median across all 249 listings is 4.30%. 108 listings are under 4% and 138 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
- How much can I save with a mortgage assumption in Montana?
- Across current Montana listings, the median principal-and-interest payment on the assumable loan is $1,601 per month versus $2,236 for the same balance at today's rates, a difference of about $635 every month, or $7,615 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
- How much money do I need to assume a home in Montana?
- When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Montana that gap is currently a median of $216,776 on a median list price of $549,000. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
- Which Montana cities have the most assumable homes?
- Right now the deepest assumable inventory in Montana is in Great Falls (33), Kalispell (29), Missoula (17), Helena (16), and Butte (12). Each city has its own page with live counts, rates, and neighborhoods, and the Montana map lets you search the whole state at once.
- How long does a mortgage assumption take in Montana?
- Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Ready when you are
Stop overpaying for Montana.
Every listing on the map has a rate you can take over. Start with the ones in Montana, or list your own low-rate loan and let buyers come to you.
