Mortgage Rates in Cut Bank, Montana — March 2026
Updated March 2026 | Based on Cut Bank market data and regional lending conditions
Cut Bank is a growing city in Montana with a population of 2,869. The current 30-year fixed mortgage rate in Cut Bank is 6.69%, which is 0.04% above the national average. With a median home price of $331,000 and a 20% down payment of $66,200, homebuyers can expect a monthly principal and interest payment of approximately $1,707.
Current Mortgage Rates in Cut Bank, MT
Below are the current average mortgage rates available in the Cut Bank 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 | 6.69% | 6.65% | +0.04% |
| 15-Year Fixed | 5.94% | 5.89% | +0.05% |
| 5/1 ARM | 6.21% | 6.15% | +0.06% |
| FHA | 6.47% | 6.25% | +0.22% |
| VA | 6.22% | 6.05% | +0.17% |
| Jumbo | 6.94% | 6.85% | +0.09% |
Cut Bank Housing Market Overview
The Cut Bank housing market reflects moderate demand with prices near the national average. The median household income in Cut Bank is $52,500, and the cost of living index is 96.3 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $81,429 to comfortably afford the median-priced home in Cut Bank, which exceeds the current median household income.
Monthly Payment Breakdown for Cut Bank
Based on the median home price of $331,000 with 20% down ($66,200), here is what you can expect to pay monthly in Cut Bank:
15-Year vs. 30-Year Mortgage in Cut Bank
Choosing a 15-year mortgage in Cut Bank at 5.94% instead of a 30-year at 6.69% would save you $213,840 in total interest over the life of the loan. However, your monthly payment would be $2,226 instead of $1,707 — an increase of $519 per month.
Calculate Your Cut Bank Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Cut Bank
What are the current mortgage rates in Cut Bank, MT?
As of March 2026, the average 30-year fixed mortgage rate in Cut Bank, Montana is 6.69%, while the 15-year fixed rate is 5.94%. FHA loans average 6.47% and VA loans 6.22%. These rates are 0.04% above the national average of 6.65%.
How much is a monthly mortgage payment in Cut Bank?
Based on the median home price of $331,000 with 20% down, the estimated monthly mortgage payment in Cut Bank is $1,707 for principal and interest. Including property taxes of $193/month, the total monthly housing cost is approximately $1,900.
What income do I need to buy a home in Cut Bank?
Using the 28% rule, you would need an annual income of approximately $81,429 to afford the median-priced home in Cut Bank at $331,000. The median household income in Cut Bank is $52,500. This means most households would need to either earn above the median or consider homes below $331,000.
Is Cut Bank a good place to buy a home in 2026?
Cut Bank offers a below-average cost of living with a cost of living index of 96.3 (national average = 100). The property tax rate in Montana is 0.7%, which is below the national average. Cut Bank has a population of 2,869 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 Cut Bank, Montana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.