Erik Peterson

Erik Peterson

Assumable homes for sale in Elbow Lake, MN

2 homesFHA & VA loansrates from 2.84% vs 7.03% today

Elbow Lake assumption guide
31208 County Road 10, Ashby, MN, 56309 — assumable FHA mortgage at 2.84%
FHA
Active
26
$549,900$249,015 down
Rate
2.84%
7.03%today
Payment
$1,396/mo
$2,255today
  • 4beds
  • 3baths
  • 2,541sqft

31208 County Road 10, Ashby

815 1st Street, Elbow Lake, MN, 56531 — assumable VA mortgage at 5.23%
VA
Active
32
$104,950Potential short sale
Rate
5.23%
7.03%today
Payment
$726/mo
$879today
  • 3beds
  • 2baths
  • 2,072sqft

815 1st Street, Elbow Lake

Assuming a mortgage in Elbow Lake

An assumable mortgage lets you buy the home and take over the seller’s existing FHA, VA or USDA loan—its rate, balance and remaining term included. Each listing above shows the existing rate and payment next to what the same loan would cost at today’s rates (about 7.03%), so you can see the saving before you tour.

Lowest existing rate
2.84%
Lowest existing payment
$726 /mo
Median cash to assume
$249,015
Erik Peterson

Erik Peterson

Realtor License: #9328

Proven Realty

erik@provenrealtynd.com+14065446489Proven Realty logo
Equal Housing Opportunity

Proven Realty is committed to and abides by the Fair Housing Act and Equal Opportunity. Listing data is refreshed daily from participating MLS feeds; existing loan terms are estimates until verified with the servicer.