Closing costs in Montana usually range from 2% to 5% of the home’s purchase price. These costs may include fees for appraisals, inspections, title insurance, and lender charges. Your loan officer can give you a personalized estimate based on your purchase.

For example, on a $300,000 home, buyers can expect to pay between $6,000 and $15,000 in closing costs. 

The most common loans among Montana buyers are:

• Conventional Loans – Flexible terms with competitive interest rates. Often preferred by buyers with strong credit and larger down payments, though options with as little as 3% down are available.

• FHA Loans – Backed by the Federal Housing Administration, these are popular with first-time buyers. They allow lower credit scores and down payments starting at 3.5%.

• VA Loans – Available to eligible veterans, active-duty service members, and surviving spouses. VA loans require no down payment and no private mortgage insurance (PMI).

• USDA Loans – Designed for qualifying buyers in rural and suburban areas. These loans also offer no down payment and reduced mortgage insurance costs.

Montana’s public schools show a mix of performance across districts and campuses. While some schools consistently stand out for academics and college preparedness, state testing suggests areas for improvement, especially in English proficiency.

• Top districts often include Bozeman, Helena, and Missoula, which frequently appear in rankings for high academic achievement and school quality.

• Notable high schools include Bozeman High School (#1 in many state rankings) and Gallatin High School, both praised for their rigorous programs and student outcomes.

• Statewide challenges: Only about 44.2% of Montana students achieved proficiency in English Language Arts in recent testing cycles, showing a decline over prior years. 

For detailed, school-by-school performance data, test scores, graduation rates, and comparisons, you can explore the Montana Office of Public Instruction Report Cards.