FHA
Active
42$260,000$45,365 down
- Rate
- 2.94%
7.03%today- Payment
- $1,035/mo
$1,651today
- 4beds
- 3baths
- 2,284sqft
Prairie Rose, North Dakota
Assumable homes for salein Prairie Rose, North Dakota.
An assumable mortgage lets you take over a seller’s existing low-rate FHA, VA, or USDA loan instead of financing at today’s 7.2%. These are the ones we verify in Prairie Rose.
Live MLS data · Updated
Prairie Rose assumable market
by the numbers.
6active assumable listings
2.87%average locked rate
$288ktypical list price
$609saved per month vs. 7.2%
About the market
Assumable mortgagesin Prairie Rose, explained.
Every number on this page comes from the live MLS feeds UMe indexes for North Dakota, filtered to Prairie Rose. Updated September 2026.
How assumptions work for buyersAs of September 2026, UMe has no verified assumable listings in Prairie Rose. That changes quickly: assumable homes come on the market every week across North Dakota as sellers with FHA, VA, and USDA loans written at 2% to 5% decide to move. Save a Prairie Rose search on the map and we will email you the moment one lands.
An assumable mortgage lets a qualified buyer take over the seller's existing loan, keeping the original rate, balance, and remaining term instead of financing at today's roughly 7.2%. FHA, VA, and USDA loans are assumable by law; conventional loans almost never are. UMe confirms the loan terms with the listing agent, runs the assumption with the servicer, and connects buyers with lenders who write second loans behind an assumption when the seller's equity is more than their cash.
Verified in Prairie Rose
Homes on the marketin Prairie Rose.
VA
Active
29$200,000$34,739 down
- Rate
- 2.97%
7.03%today- Payment
- $785/mo
$1,247today
- 4beds
- 3baths
- 1,914sqft
1630 11 Avenue, Fargo
VA
Active
22$210,000$46,640 down
- Rate
- 2.80%
7.03%today- Payment
- $756/mo
$1,228today
- 3beds
- 2baths
- 1,528sqft
1430 11th Street, Fargo
FHA
Active
56$399,900$113,955 down
- Rate
- 2.81%
7.03%today- Payment
- $1,337/mo
$2,169today
- 4beds
- 4baths
- 2,708sqft
1426 23rd Street, Fargo
VA
Active
36$389,900$87,131 down
- Rate
- 2.84%
7.03%today- Payment
- $1,404/mo
$2,269today
- 4beds
- 4baths
- 2,649sqft
4312 10th Street, Moorhead
VA
Active
31$270,000$56,289 down
- Rate
- 2.87%
7.03%today- Payment
- $997/mo
$1,604today
- 3beds
- 2baths
- 2,056sqft
5509 44th Avenue, Fargo
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.
Run the Prairie Rose numbers
What an assumable ratedoes to a Prairie Rose payment.
The sliders start at the median Prairie Rose assumable listing: $288,300 list price and a 2.87% 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)$60,000
21% 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 Prairie Rose
$1,045/mo
New loan at 7.20%$1,561
Assumed at 2.85%
$1,045
Every month$517
Over five years$30,999
Interest you never pay$236,13226-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 Prairie Rose listing on UMe shows the actual balance, rate, and payment.
How it works in Prairie Rose
How to assumea mortgage in Prairie Rose.
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 Prairie Rose home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Prairie Rose 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. 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 Prairie Rose payment written in a different decade.
Prairie Rose questions
Assuming a mortgagein Prairie Rose.
The numbers below come from current Prairie Rose inventory and update as listings change.
All assumption FAQsAre there assumable homes for sale in Prairie Rose?
As of September 2026, there are no verified assumable listings in Prairie Rose. New assumable homes appear every week across North Dakota; save a search on the map and we will email you when one lands in Prairie Rose.
What types of loans can be assumed in Prairie Rose?
FHA, VA, and USDA mortgages are assumable by law and make up nearly all assumable listings in North Dakota. Conventional loans usually include a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan.
How long does a mortgage assumption take in Prairie Rose?
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.
Ready when you are
Stop overpaying for Prairie Rose.The rate is already on the house.
Every listing on the Prairie Rose map has a rate you can take over. Start with the ones in Prairie Rose, get pre-qualified in minutes, and let UMe carry the assumption to closing.
