How much are closing costs in Montana?

Each side pays its own costs. Seller customarily pays the owner's policy. In Montana, each title insurer files its own rates. So prices differ between title companies. The net sheet uses typical rates. The title company that runs the closing gives the final quote. A title company usually runs the closing. The table shows a $395,000 sale at statewide rates. The contract can change who pays.

A Montana buyer pays about $5,716 in closing costs on a $395,000 home with 20% down. That covers lender fees, the lender's title policy and recording. Prepaid interest, insurance and escrow add about $4,328. The seller's property tax credit takes off $1,477. With the $79,000 down payment, cash to close is about $87,567. That is for a July 1 closing, the same as the calculator.

Montana buyer closing costs, line by line

A Montana seller pays about $1,845 before commission on a $395,000 sale. The costs are: owner's title insurance policy, settlement / closing fee, release / satisfaction recording, wire / courier / payoff processing. With a 5% commission, the total is about $21,595. The loan payoff and the property tax proration also come out of the proceeds.

Montana seller net sheet with a worked example

They go up with the price. On a $1,000,000 home, a buyer pays about $10,556. A seller pays about $3,386 before commission.

No. Closing costs are the same in all 56 Montana counties on a $395,000 sale. The buyer pays $5,716 and the seller $1,845 before commission. No county or city adds its own transfer tax or changes who pays for title.