Mortgage Rates in Forsyth, Montana — March 2026
Updated March 2026 | Based on Forsyth market data and regional lending conditions
Forsyth is a growing city in Montana with a population of 1,777. The current 30-year fixed mortgage rate in Forsyth is 6.76%, which is 0.11% above the national average. With a median home price of $290,000 and a 20% down payment of $58,000, homebuyers can expect a monthly principal and interest payment of approximately $1,506.
Current Mortgage Rates in Forsyth, MT
Below are the current average mortgage rates available in the Forsyth 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 | 6.76% | 6.65% | +0.11% |
| 15-Year Fixed | 5.99% | 5.89% | +0.1% |
| 5/1 ARM | 6.25% | 6.15% | +0.1% |
| FHA | 6.5% | 6.25% | +0.25% |
| VA | 6.25% | 6.05% | +0.2% |
| Jumbo | 7.01% | 6.85% | +0.16% |
Forsyth Housing Market Overview
The Forsyth housing market offers relatively affordable housing compared to many major cities. The median household income in Forsyth is $51,100, and the cost of living index is 100 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $71,914 to comfortably afford the median-priced home in Forsyth, which exceeds the current median household income.
Monthly Payment Breakdown for Forsyth
Based on the median home price of $290,000 with 20% down ($58,000), here is what you can expect to pay monthly in Forsyth:
15-Year vs. 30-Year Mortgage in Forsyth
Choosing a 15-year mortgage in Forsyth at 5.99% instead of a 30-year at 6.76% would save you $190,080 in total interest over the life of the loan. However, your monthly payment would be $1,956 instead of $1,506 — an increase of $450 per month.
Calculate Your Forsyth 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 Forsyth
What are the current mortgage rates in Forsyth, MT?
As of March 2026, the average 30-year fixed mortgage rate in Forsyth, Montana is 6.76%, while the 15-year fixed rate is 5.99%. FHA loans average 6.5% and VA loans 6.25%. These rates are 0.11% above the national average of 6.65%.
How much is a monthly mortgage payment in Forsyth?
Based on the median home price of $290,000 with 20% down, the estimated monthly mortgage payment in Forsyth is $1,506 for principal and interest. Including property taxes of $172/month, the total monthly housing cost is approximately $1,678.
What income do I need to buy a home in Forsyth?
Using the 28% rule, you would need an annual income of approximately $71,914 to afford the median-priced home in Forsyth at $290,000. The median household income in Forsyth is $51,100. This means most households would need to either earn above the median or consider homes below $290,000.
Is Forsyth a good place to buy a home in 2026?
Forsyth offers a below-average cost of living with a cost of living index of 100 (national average = 100). The property tax rate in Montana is 0.71%, which is below the national average. Forsyth has a population of 1,777 and offers a balanced lifestyle.
Mortgage Rates in Other Montana Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Forsyth, Montana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.