Mortgage Rates in Bigfork, Montana — March 2026
Updated March 2026 | Based on Bigfork market data and regional lending conditions
Bigfork is a growing city in Montana with a population of 5,253. The current 30-year fixed mortgage rate in Bigfork is 6.61%, which is 0.04% below the national average. With a median home price of $298,000 and a 20% down payment of $59,600, homebuyers can expect a monthly principal and interest payment of approximately $1,524.
Current Mortgage Rates in Bigfork, MT
Below are the current average mortgage rates available in the Bigfork area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.61% | 6.65% | -0.04% |
| 15-Year Fixed | 5.88% | 5.89% | -0.01% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.43% | 6.25% | +0.18% |
| VA | 6.18% | 6.05% | +0.13% |
| Jumbo | 6.86% | 6.85% | +0.01% |
Bigfork Housing Market Overview
The Bigfork housing market offers relatively affordable housing compared to many major cities. The median household income in Bigfork is $56,600, and the cost of living index is 101.3 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $72,986 to comfortably afford the median-priced home in Bigfork, which exceeds the current median household income.
Monthly Payment Breakdown for Bigfork
Based on the median home price of $298,000 with 20% down ($59,600), here is what you can expect to pay monthly in Bigfork:
15-Year vs. 30-Year Mortgage in Bigfork
Choosing a 15-year mortgage in Bigfork at 5.88% instead of a 30-year at 6.61% would save you $189,360 in total interest over the life of the loan. However, your monthly payment would be $1,996 instead of $1,524 — an increase of $472 per month.
Calculate Your Bigfork Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Bigfork
What are the current mortgage rates in Bigfork, MT?
As of March 2026, the average 30-year fixed mortgage rate in Bigfork, Montana is 6.61%, while the 15-year fixed rate is 5.88%. FHA loans average 6.43% and VA loans 6.18%. These rates are 0.04% below the national average of 6.65%.
How much is a monthly mortgage payment in Bigfork?
Based on the median home price of $298,000 with 20% down, the estimated monthly mortgage payment in Bigfork is $1,524 for principal and interest. Including property taxes of $179/month, the total monthly housing cost is approximately $1,703.
What income do I need to buy a home in Bigfork?
Using the 28% rule, you would need an annual income of approximately $72,986 to afford the median-priced home in Bigfork at $298,000. The median household income in Bigfork is $56,600. This means most households would need to either earn above the median or consider homes below $298,000.
Is Bigfork a good place to buy a home in 2026?
Bigfork has a moderate cost of living with a cost of living index of 101.3 (national average = 100). The property tax rate in Montana is 0.72%, which is below the national average. Bigfork has a population of 5,253 and offers a balanced lifestyle.
Mortgage Rates in Other Montana Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Bigfork, Montana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.