Erik Peterson

Erik Peterson

Assumable homes for sale in Elk River, MN

8 homesFHA & VA loansrates from 3.44% vs 7.03% today

Elk River assumption guide
18087 Vance Circle, Elk River, MN, 55330 — assumable FHA mortgage at 3.44%
FHA
Active
32
$244,900$138,081 down
Rate
3.44%
7.03%today
Payment
$613/mo
$917today
  • 2beds
  • 2baths
  • 1,420sqft

18087 Vance Circle, Elk River

17872 Tyler Street, Elk River, MN, 55330 — assumable FHA mortgage at 3.92%
FHA
Active
46
$425,000$183,128 down
Rate
3.92%
7.03%today
Payment
$1,392/mo
$1,965today
  • 5beds
  • 4baths
  • 2,875sqft

17872 Tyler Street, Elk River

17179 Monroe Drive, Elk River, MN, 55330 — assumable VA mortgage at 3.95%
VA
Active
26
$265,000$125,039 down
Rate
3.95%
7.03%today
Payment
$804/mo
$1,131today
  • 2beds
  • 2baths
  • 1,590sqft

17179 Monroe Drive, Elk River

8710 Parkington Avenue, Otsego, MN, 55330 — assumable FHA mortgage at 6.83%
FHA
Active
43
$325,000Potential short sale
Rate
6.83%
7.03%today
Payment
$2,206/mo
$2,251today
  • 3beds
  • 3baths
  • 1,906sqft

8710 Parkington Avenue, Otsego

10132 188th Avenue, Elk River, MN, 55330 — assumable FHA mortgage at 7.22%
FHA
Active
30
$360,000$13,116 down
Rate
7.22%
7.03%today
Payment
$2,410/mo
$2,365today
  • 3beds
  • 2baths
  • 1,166sqft

10132 188th Avenue, Elk River

17182 Nixon Court, Elk River, MN, 55330 — assumable FHA mortgage at 6.54%
FHA
Active
33
$244,900$16,518 down
Rate
6.54%
7.03%today
Payment
$1,508/mo
$1,586today
  • 2beds
  • 2baths
  • 1,422sqft

17182 Nixon Court, Elk River

11344 Elk Lane, Elk River, MN, 55330 — assumable FHA mortgage at 6.99%
FHA
Active
24
$369,000$35,793 down
Rate
6.99%
7.03%today
Payment
$2,264/mo
$2,274today
  • 4beds
  • 2baths
  • 2,420sqft

11344 Elk Lane, Elk River

10112 188th Avenue, Elk River, MN, 55330 — assumable FHA mortgage at 6.09%
FHA
Active
31
$366,000Potential short sale
Rate
6.09%
7.03%today
Payment
$2,745/mo
$3,027today
  • 3beds
  • 2baths
  • 1,960sqft

10112 188th Avenue, Elk River

Assuming a mortgage in Elk River

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
3.44%
Lowest existing payment
$613 /mo
Median cash to assume
$80,416
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.