Erik Peterson

Erik Peterson

Assumable homes for sale in Faribault, MN

9 homesFHA & VA loansrates from 2.74% vs 7.03% today

Faribault assumption guide
118 1st Street, Faribault, MN, 55021 — assumable FHA mortgage at 2.93%
FHATop pick
Active
42
$191,900$15,115 down
Rate
2.93%
7.03%today
Payment
$823/mo
$1,314today
  • 4beds
  • 3baths
  • 1,864sqft

118 1st Street, Faribault

1518 6th Street, Faribault, MN, 55021 — assumable FHA mortgage at 2.81%
FHA
Active
28
$274,900$55,986 down
Rate
2.81%
7.03%today
Payment
$1,026/mo
$1,664today
  • 4beds
  • 3baths
  • 2,622sqft

1518 6th Street, Faribault

1008 Newhall Drive, Faribault, MN, 55021 — assumable VA mortgage at 2.74%
VA
Active
66
$787,000$404,511 down
Rate
2.74%
7.03%today
Payment
$1,783/mo
$2,919today
  • 4beds
  • 3baths
  • 2,906sqft

1008 Newhall Drive, Faribault

228 5th Avenue, Faribault, MN, 55021 — assumable VA mortgage at 6.75%
VA
Active
34
$290,000Potential short sale
Rate
6.75%
7.03%today
Payment
$1,891/mo
$1,946today
  • 4beds
  • 2baths
  • 2,128sqft

228 5th Avenue, Faribault

8 Aspen Court, Faribault, MN, 55021 — assumable FHA mortgage at 7.31%
FHA
Active
29
$245,000Potential short sale
Rate
7.31%
7.03%today
Payment
$1,786/mo
$1,736today
  • 3beds
  • 2baths
  • 1,603sqft

8 Aspen Court, Faribault

410 Littleford Lane, Faribault, MN, 55021 — assumable VA mortgage at 6.58%
VA
Active
38
$345,900$22,747 down
Rate
6.58%
7.03%today
Payment
$2,083/mo
$2,180today
  • 4beds
  • 2baths
  • 1,754sqft

410 Littleford Lane, Faribault

109 12th Street, Faribault, MN, 55021 — assumable FHA mortgage at 5.13%
FHA
Active
40
$255,000$77,670 down
Rate
5.13%
7.03%today
Payment
$1,213/mo
$1,436today
  • 3beds
  • 1baths
  • 1,583sqft

109 12th Street, Faribault

210 Willow Street, Faribault, MN, 55021 — assumable FHA mortgage at 6.38%
FHA
Active
18
$150,000$100,578 down
Rate
6.38%
7.03%today
Payment
$558/mo
$597today
  • 2beds
  • 1baths
  • 946sqft

210 Willow Street, Faribault

15 14th Street, Faribault, MN, 55021 — assumable FHA mortgage at 6.71%
FHA
Active
34
$219,900$209,459 down
Rate
6.71%
7.03%today
Payment
$71/mo
$73today
  • 3beds
  • 2baths
  • 1,205sqft

15 14th Street, Faribault

Assuming a mortgage in Faribault

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
2.74%
Lowest existing payment
$558 /mo
Median cash to assume
$66,828
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.