Erik Peterson

Erik Peterson

Assumable homes for sale in Forest Lake, MN

5 homesFHA & VA loansrates from 3.07% vs 7.03% today

Forest Lake assumption guide
5257 200th Street, Forest Lake, MN, 55025 — assumable VA mortgage at 3.07%
VA
Active
36
$463,000$62,469 down
Rate
3.07%
7.03%today
Payment
$1,897/mo
$2,976today
  • 5beds
  • 3baths
  • 2,588sqft

5257 200th Street, Forest Lake

5833 212th Street, Forest Lake, MN, 55025 — assumable FHA mortgage at 3.50%
FHA
Active
26
$449,900$305,789 down
Rate
3.50%
7.03%today
Payment
$974/mo
$1,447today
  • 5beds
  • 3baths
  • 2,308sqft

5833 212th Street, Forest Lake

19813 English Avenue, Forest Lake, MN, 55025 — assumable FHA mortgage at 6.50%
FHA
Active
26
$480,000$4,747 down
Rate
6.50%
7.03%today
Payment
$3,009/mo
$3,177today
  • 5beds
  • 3baths
  • 2,285sqft

19813 English Avenue, Forest Lake

4806 200th Street, Forest Lake, MN, 55025 — assumable FHA mortgage at 6.89%
FHA
Active
34
$315,000$31,292 down
Rate
6.89%
7.03%today
Payment
$1,906/mo
$1,933today
  • 3beds
  • 3baths
  • 2,003sqft

4806 200th Street, Forest Lake

345 9th Street, Forest Lake, MN, 55025 — assumable FHA mortgage at 6.73%
FHA
Active
34
$330,000$56,108 down
Rate
6.73%
7.03%today
Payment
$1,811/mo
$1,867today
  • 4beds
  • 2baths
  • 1,780sqft

345 9th Street, Forest Lake

Assuming a mortgage in Forest 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
3.07%
Lowest existing payment
$974 /mo
Median cash to assume
$56,108
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.