Compare Current Helena, Montana Mortgage Rates

Compare Helena, MT mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Helena.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Helena. Plus, shopping lenders is free and there is no obligation.

Helena, MT Mortgage Rates as of February 6, 2023
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Data provided by Icanbuy. Payments do not include amounts for taxes and insurance premiums. Read through our lender table disclaimer for more information on rates and product details.


Compare Today's Helena, MT Mortgage Rates

February 6, 2023

Current mortgage rates in Helena, MT are % for a 30 year fixed rate loan, % for a 15 year fixed loan and % for a 5/1 adjustable rate mortgage (ARM)

Mortgage Program
Helena, MT Rates
30 Year Fixed Rate
15 Year Fixed Rate
5/1 Adjustable Rate Mortgage

How Affordable is Housing in Helena, Montana?

Below we provide helpful information on the real estate market, home prices and housing affordability in Helena. Understand how much you need to earn to afford a home in Helena, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Helena fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Helena is right for you.

The median home value for Helena, MT (Lewis and Clark County) is $370,338

Based on current mortgage rates and a 10% down payment, you need to make $60,678 per year to buy the median priced home in Helena

With this income, you could qualify for a $333,304 mortgage, assuming your monthly debt expense is reasonable

Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Helena is $1,405

The median household income for Helena, MT (Lewis and Clark County) is $73,084

Based on this income, you can afford a home valued at approximately $446,055

The home price you can afford to buy based on household income in Helena is 120% of the median home value which means housing prices are average. Helena (Lewis and Clark County) ranks 43 out of 56 counties in Montana and 2,888 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Helena, MT is average


Loan Limits for Helena, Montana

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Helena (Lewis and Clark County) below.

Conforming loan limits for Helena, MT

1 unit: $647,200
2 units: $828,700
3 units: $1,001,650
4 units: $1,244,850

FHA loan limits for Helena, MT

1 unit: $420,680
2 units: $538,650
3 units: $651,050
4 units: $809,150

VA loan limits for Helena, MT

1 unit: $647,200

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