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Montana · Statewide

Assumable homes for salein Montana.

218 homes in Montana carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.20%. Assume the seller’s mortgage instead of financing at today’s 7.2%.

Browse 218 Montana listings Get pre-qualified

Live MLS data · Updated

Montana assumable market
by the numbers.

218active assumable listings
2.20%lowest locked rate
$548kmedian list price
$612saved per month vs. 7.2%
Across Montana

Assumable homesby Montana city.

Ranked by live assumable inventory. Every city is its own market page with local listings, rates, ZIP codes, and cash-to-assume figures.

Search all of Montana on the map
  1. 01Kalispell3030 assumable homes · median 4.87%
  2. 02Great Falls2828 assumable homes · median 6.45%
  3. 03Helena1919 assumable homes · median 3.73%
  4. 04Missoula1313 assumable homes · median 4.26%
  5. 05Butte1212 assumable homes · median 6.50%
  6. 06Libby99 assumable homes · median 4.05%
  7. 07Polson66 assumable homes · median 4.05%
  8. 08Cut Bank55 assumable homes · median 6.50%
  9. 09Hamilton55 assumable homes · median 4.46%
  10. 10Stevensville55 assumable homes · median 6.49%
  11. 11Bigfork44 assumable homes · median 3.33%
  12. 12Florence44 assumable homes · median 4.68%
  13. 13Troy44 assumable homes · median 5.20%
  14. 14Arlee33 assumable homes · median 6.50%
  15. 15Columbia Falls33 assumable homes · median 6.87%
  16. 16Corvallis33 assumable homes · median 4.87%
  17. 17Darby33 assumable homes · median 6.06%
  18. 18Kila33 assumable homes · median 6.01%
  19. 19Plains33 assumable homes · median 6.50%
  20. 20Superior33 assumable homes · median 5.22%
  21. 21Townsend33 assumable homes · median 3.06%
  22. 22Billings22 assumable homes · median 4.83%
  23. 23Bonner22 assumable homes · median 3.84%
  24. 24Eureka22 assumable homes · median 2.52%
  25. 25Huson22 assumable homes · median 4.57%
  26. 26Marion22 assumable homes · median 4.79%
  27. 27Seeley Lake22 assumable homes · median 3.35%
  28. 28Shelby22 assumable homes · median 3.05%
  29. 29Three Forks22 assumable homes · median 5.00%
  30. 30White Sulphur Springs22 assumable homes · median 3.00%
  31. 31Whitefish22 assumable homes · median 3.25%
  32. 32Whitehall22 assumable homes · median 3.08%
  33. 33Alberton11 assumable home · median 3.69%
  34. 34Augusta11 assumable home · median 6.67%
  35. 35Basin11 assumable home · median 3.02%
  36. 36Belgrade11 assumable home · median 7.07%
  37. 37Clancy11 assumable home · median 6.95%
  38. 38Clinton11 assumable home · median 6.15%
  39. 39De Borgia11 assumable home · median 2.81%
  40. 40Dillon11 assumable home · median 7.04%
  41. 41East Helena11 assumable home · median 5.41%
  42. 42Fort Shaw11 assumable home · median 3.85%
  43. 43Frenchtown11 assumable home · median 6.38%
  44. 44Hardin11 assumable home · median 5.97%
  45. 45Harrison11 assumable home · median 6.49%
  46. 46Hot Springs11 assumable home · median 6.22%
  47. 47Jefferson City11 assumable home · median 6.76%
  48. 48Lakeside11 assumable home · median 4.14%
  49. 49Lincoln11 assumable home · median 4.28%
  50. 50Livingston11 assumable home · median 4.99%
  51. 51Lolo11 assumable home · median 3.01%
  52. 52Martin City11 assumable home · median 3.69%
  53. 53Milltown11 assumable home · median 6.42%
  54. 54Philipsburg11 assumable home · median 6.82%
  55. 55Rexford11 assumable home · median 5.84%
  56. 56Ronan11 assumable home · median 6.85%
  57. 57Shepherd11 assumable home · median 6.50%
  58. 58Somers11 assumable home · median 3.91%
  59. 59Thompson Falls11 assumable home · median 6.19%

Also covered in Montana, no verified assumable listings today:

About the market

Assumable mortgagesin Montana, explained.

Every number on this page comes from the live MLS feeds UMe indexes across Montana. Updated October 2026.

How assumptions work for buyers

Montana has 218 homes for sale with an assumable mortgage as of October 2026: 138 VA loans and 80 FHA loans that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Montana assumable listings start at 2.20% with a median of 4.98%; 87 listings are under 4% and 110 are under 5%.

The median assumable home in Montana lists for $548,000, with a median of $211,404 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $1,589 a month versus $2,201 for the same balance at today's rate, roughly $612 kept every month and $7,347 a year. The deepest Montana inventory is in Kalispell (30), Great Falls (28), Helena (19), Missoula (13), and Butte (12).

UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Montana assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.

Verified across Montana

Homes on the marketacross Montana.

View all 218 on the map
2821 US Hwy 87, Billings, MT, 59101 — assumable FHA mortgage at 3.02%
FHA
Active
15
$370,000$175,871 equity gap
Rate
3.02%
7.32%today
Payment
$925/mo
$1,503today
  • 3beds
  • 2baths
  • 1,620sqft

2821 US Hwy 87, Billings

2403 Wyoming Avenue, Billings, MT, 59102 — assumable FHA mortgage at 6.65%
FHA
Active
76
$390,000$41,698 equity gap
Rate
6.65%
7.32%today
Payment
$2,269/mo
$2,428today
  • 4beds
  • 2baths
  • 2,120sqft

2403 Wyoming Avenue, Billings

5213 Shepherd Acton Road, Shepherd, MT, 59079 — assumable VA mortgage at 6.50%
VA
Active
9
$550,000$174,247 equity gap
Rate
6.50%
7.32%today
Payment
$2,402/mo
$2,610today
  • 3beds
  • 1baths
  • 1,814sqft

5213 Shepherd Acton Road, Shepherd

116 Crawford Avenue, Hardin, MT, 59034 — assumable FHA mortgage at 5.97%
FHA
Active
15
$250,000$208,032 equity gap
Rate
5.97%
7.32%today
Payment
$401/mo
$461today
  • 3beds
  • 2baths
  • 1,456sqft

116 Crawford Avenue, Hardin

Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.

Inventory snapshot

What’s in the mixin Montana.

Live counts from the MLS feeds we index for Montana. Updated October 2026.

Active listings
218
UMe Certified / verified
0
Lowest rate
2.20%
Median rate
4.98%
Median list price
$548,000
Median cash to assume
$211,404

Montana listings by locked rate

  1. Under 4%87 homes
  2. 4% – 5%23 homes
  3. 5% – 6%13 homes
  4. 6% and up94 homes

Montana listings by loan type

  • VA138 homesmedian 4.27%
  • FHA80 homesmedian 6.15%

FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.

Run the Montana numbers

What an assumable ratedoes to a Montana payment.

The sliders start at the median Montana assumable listing: $548,000 list price and a 4.98% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.

$550,000
$335,000

The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.

5.00%
26 yrs
Cash to assume (seller’s equity)$215,000

39% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.

Your monthly payment if you assume in Montana
$1,921/mo
New loan at 7.20%
$2,274
Assumed at 5.00%
$1,921
Every month$353
Over five years$21,194
Interest you never pay$219,36026-year assumed loan vs. a new 30-year loan

Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Montana listing on UMe shows the actual balance, rate, and payment.

Browse Montana listings See what you qualify for
How it works in Montana

How to assumea mortgage in Montana.

You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.

Start with pre-qualification
  1. 01

    Find a Montana home with a locked rate.

    Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Montana map by existing rate, monthly payment, or cash to assume instead of by list price alone.

  2. 02

    Cover the seller’s equity.

    You pay the seller the difference between the price and the remaining balance, a median of $211,404 in Montana today. Cash, a second loan, or seller financing can bridge it.

  3. 03

    Qualify with the servicer, not a new lender.

    The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.

  4. 04

    Close and keep the rate.

    The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a Montana payment written in a different decade.

Montana questions

Assuming a mortgagein Montana.

The numbers below come from current Montana inventory and update as listings change.

All assumption FAQs

How many assumable homes are for sale in Montana?

As of October 2026, UMe tracks 218 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 (138, median 4.27%) and FHA (80, median 6.15%). 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?

The lowest rate on an active Montana assumable listing is 2.20%, and the median across all 218 listings is 4.98%. 87 listings are under 4% and 110 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 $1,589 per month versus $2,201 for the same balance at today's rates, a difference of about $612 every month, or $7,347 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 $211,404 on a median list price of $548,000. 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?

The deepest assumable inventory in Montana is in Kalispell (30), Great Falls (28), Helena (19), Missoula (13), 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.The rate is already on the house.

Every listing on the Montana map has a rate you can take over. Start with the cities holding the deepest inventory, get pre-qualified in minutes, and let UMe carry the assumption to closing.

Browse Montana homes Talk to an assumption expert Selling a low rate? List it