Erik Peterson

Erik Peterson

Assumable homes for sale in Madison, MN

2 homesFHA loansrates from 3.52% vs 7.03% today

Madison assumption guide
107 3rd Ave, Madison, MN, 56256 — assumable FHA mortgage at 3.52%
FHA
Active
27
$139,999$74,643 down
Rate
3.52%
7.03%today
Payment
$378/mo
$560today
  • 3beds
  • 2baths
  • 2,024sqft

107 3rd Ave, Madison

416 8th Avenue, Madison, MN, 56256 — assumable FHA mortgage at 7.57%
FHA
Active
31
$170,000$19,152 down
Rate
7.57%
7.03%today
Payment
$1,092/mo
$1,035today
  • 2beds
  • 3baths
  • 2,300sqft

416 8th Avenue, Madison

Assuming a mortgage in Madison

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
3.52%
Lowest existing payment
$378 /mo
Median cash to assume
$46,898
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.