Following the release of the Hannah Montana soundtrack, the song entered Billboard'''s Hot Digital Songs Chart at number twenty, which led to an appearance on the Billboard Hot 100 on the week ending November 11, 2006. "If We Were a Movie" debuted on the Billboard Hot 100 at its peak of forty-seven, thus becoming Cyrus as Montana's highest charting song from the album, and one of the songs to make Cyrus the first act to have six songs debut on the Billboard'' Hot 100 in the same week.
The release of "If We Were a Movie" led to its appearance on the Billboard Hot 100, marking it as Miley Cyrus' highest charting song from her album and one of the songs that made her the first artist with six songs debuting on the Billboard Hot 100 in a single week.