Mortgage Rates in Wolf Point, Montana — March 2026
Updated March 2026 | Based on Wolf Point market data and regional lending conditions
Wolf Point is a growing city in Montana with a population of 2,517. The current 30-year fixed mortgage rate in Wolf Point is 6.78%, which is 0.13% above the national average. With a median home price of $268,000 and a 20% down payment of $53,600, homebuyers can expect a monthly principal and interest payment of approximately $1,395.
Current Mortgage Rates in Wolf Point, MT
Below are the current average mortgage rates available in the Wolf Point 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 | 6.78% | 6.65% | +0.13% |
| 15-Year Fixed | 6.01% | 5.89% | +0.12% |
| 5/1 ARM | 6.27% | 6.15% | +0.12% |
| FHA | 6.51% | 6.25% | +0.26% |
| VA | 6.26% | 6.05% | +0.21% |
| Jumbo | 7.03% | 6.85% | +0.18% |
Wolf Point Housing Market Overview
The Wolf Point housing market offers relatively affordable housing compared to many major cities. The median household income in Wolf Point is $51,500, and the cost of living index is 92.2 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $66,600 to comfortably afford the median-priced home in Wolf Point, which exceeds the current median household income.
Monthly Payment Breakdown for Wolf Point
Based on the median home price of $268,000 with 20% down ($53,600), here is what you can expect to pay monthly in Wolf Point:
15-Year vs. 30-Year Mortgage in Wolf Point
Choosing a 15-year mortgage in Wolf Point at 6.01% instead of a 30-year at 6.78% would save you $176,400 in total interest over the life of the loan. However, your monthly payment would be $1,810 instead of $1,395 — an increase of $415 per month.
Calculate Your Wolf Point 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 Wolf Point
What are the current mortgage rates in Wolf Point, MT?
As of March 2026, the average 30-year fixed mortgage rate in Wolf Point, Montana is 6.78%, while the 15-year fixed rate is 6.01%. FHA loans average 6.51% and VA loans 6.26%. These rates are 0.13% above the national average of 6.65%.
How much is a monthly mortgage payment in Wolf Point?
Based on the median home price of $268,000 with 20% down, the estimated monthly mortgage payment in Wolf Point is $1,395 for principal and interest. Including property taxes of $159/month, the total monthly housing cost is approximately $1,554.
What income do I need to buy a home in Wolf Point?
Using the 28% rule, you would need an annual income of approximately $66,600 to afford the median-priced home in Wolf Point at $268,000. The median household income in Wolf Point is $51,500. This means most households would need to either earn above the median or consider homes below $268,000.
Is Wolf Point a good place to buy a home in 2026?
Wolf Point offers a below-average cost of living with a cost of living index of 92.2 (national average = 100). The property tax rate in Montana is 0.71%, which is below the national average. Wolf Point has a population of 2,517 and offers a very affordable 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 Wolf Point, Montana area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.