Not financial advice. Mortgage FV Calculator is a software calculator, not a personal-finance product or advisory service. It computes standard financial functions and displays the results for your convenience. Nothing here constitutes, or is intended to constitute, financial, investment, tax, legal, mortgage, credit, or insurance advice. Always consult a qualified professional before making any financial decision.
Bozeman mortgage calculator
A median-priced Bozeman, MT home at 6.75% over 30 years, with Montana property tax of 0.74% and $2,300 a year of homeowners insurance. Every figure below is computed on our amortising engine — nothing is estimated in the browser.
$6,001 a month, all in
Principal and interest are $4,938; escrow and PMI add the rest. Over the full term the loan costs $1,016,433 in interest. Discounted at 5%, buying here has a net present value of $-256,061 ($118,912 in today’s dollars).
Within Montana, Bozeman is the most expensive of the 4 Montana markets covered here. Prices here run 2.57x those in Great Falls, the cheapest market listed, so a statewide average badly understates what a purchase costs on this side of the state.
Bozeman carries a premium over the rest of Montana: a median home here runs $846,000, about 80% above the state median of $470,000. The deposit moves with it, so the same 20% down is $169,200 rather than $94,000.
The price-to-rent ratio here is 31.5 ($846,000 to buy, $2,240 a month to rent), which is high. Renting and investing the deposit is a genuine alternative in Bozeman, not a fallback position.
Monthly cost in Bozeman vs comparable rent
Owning is stacked by component; renting is the local median asking rent.
The monthly breakdown
| Median home price | $846,000 |
|---|---|
| Down payment (10%) | $84,600 |
| Loan amount | $761,400 |
| Principal & interest | $4,938/mo |
| Property tax (0.74%) | $522/mo |
| Homeowners insurance | $192/mo |
| PMI while above 80% LTV | $349/mo |
| Total monthly payment | $6,001/mo |
| Comparable rent | $2,240/mo |
What a rate move does to the Bozeman payment
| Rate | Principal & interest |
|---|---|
| 5.5% | $4,323/mo |
| 6% | $4,565/mo |
| 6.5% | $4,813/mo |
| 7% | $5,066/mo |
| 7.5% | $5,324/mo |
| 8% | $5,587/mo |
Rent or buy in Bozeman?
Against $2,240 a month in rent, over 7 years renting leaves you about $293,489 better off — $246,902 once 2.5% inflation is stripped out. See the Montana rent-vs-buy page.
Where these numbers come from
Montana medians come from editorial and are refreshed weekly. The Bozeman figures index those state medians to the local market, so they track the same feed rather than going stale. Insurance and the state income tax rate are editorial. Treat everything here as a planning estimate, not a quote.