FHA
Active
37$239,000$82,615 down
- Rate
- 3.10%
7.03%today- Payment
- $740/mo
$1,156today
- 3beds
- 2baths
- 1,952sqft
Pine River, Minnesota
Assumable homes for salein Pine River, Minnesota.
1 home in Pine River carries an existing FHA, VA, or USDA loan you can take over, with locked rates from 3.10%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Pine River assumable market
by the numbers.
1active assumable listing
3.10%lowest locked rate
$460kmedian list price
$744saved per month vs. 7.2%
About the market
Assumable mortgagesin Pine River, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Minnesota, filtered to Pine River. Updated June 2026.
How assumptions work for buyersPine River, Minnesota has 1 home for sale with an assumable mortgage as of June 2026: 1 VA loan that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Pine River assumable listings start at 3.10% with a median of 3.10%; 1 listing is under 4% and 1 is under 5%.
The median assumable home in Pine River lists for $460,000, with a median of $213,035 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $1,161 a month versus $1,905 for the same balance at today's rate, roughly $744 kept every month and $8,927 a year. The most active Pine River ZIP codes are 56474 (1).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Pine River assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Pine River
View all 1 on the map Homes on the marketin Pine River.
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin Pine River.
Live counts from the MLS feeds we index for Minnesota. Updated June 2026.
- Active listings
- 1
- UMe Certified / verified
- 0
- Lowest rate
- 3.10%
- Median rate
- 3.10%
- Median list price
- $460,000
- Median cash to assume
- $213,035
Pine River listings by locked rate
- Under 4%1 home
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up0 homes
Pine River listings by loan type
- VA1 homemedian 3.10%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Pine River ZIP code.
Each ZIP opens the Pine River map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Pine River numbers
What an assumable ratedoes to a Pine River payment.
The sliders start at the median Pine River assumable listing: $460,000 list price and a 3.10% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$215,000
47% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Pine River
$1,145/mo
New loan at 7.20%$1,663
Assumed at 3.10%
$1,145
Every month$518
Over five years$31,098
Interest you never pay$241,53426-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Pine River listing on UMe shows the actual balance, rate, and payment.
How it works in Pine River
How to assumea mortgage in Pine River.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find a Pine River home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Pine River map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $213,035 in Pine River today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a Pine River payment written in a different decade.
Pine River questions
Assuming a mortgagein Pine River.
The numbers below come from current Pine River inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Pine River?
As of June 2026, UMe tracks 1 active assumable listing in Pine River. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Pine River?
Current Pine River inventory breaks down as VA (1, median 3.10%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Pine River?
The lowest rate on an active Pine River assumable listing is 3.10%, and the median across all 1 listing is 3.10%. 1 listing is under 4% and 1 is under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Pine River?
Across current Pine River listings, the median principal-and-interest payment on the assumable loan is $1,161 per month versus $1,905 for the same balance at today's rates, a difference of about $744 every month, or $8,927 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Pine River?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Pine River that gap is currently a median of $213,035 on a median list price of $460,000. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Pine River ZIP codes have the most assumable homes?
The Pine River ZIP codes with the most active assumable listings are 56474 (1). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Pine River?
Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Nearby markets
All of Minnesota More assumable homesin Minnesota.
Ready when you are
Stop overpaying for Pine River.The rate is already on the house.
Every listing on the Pine River map has a rate you can take over. Start with the ones in Pine River, get pre-qualified in minutes, and let UMe carry the assumption to closing.
