Erik Peterson

Erik Peterson

Assumable homes for sale in Melrose, MN

1 homeFHA loansrates from 6.58% vs 7.03% today

Melrose assumption guide
543 5th Avenue, Melrose, MN, 56352 — assumable FHA mortgage at 6.58%
FHA
Active
29
$289,900$264,702 down
Rate
6.58%
7.03%today
Payment
$188/mo
$195today
  • 4beds
  • 4baths
  • 3,000sqft

543 5th Avenue, Melrose

Assuming a mortgage in Melrose

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
6.58%
Median cash to assume
$264,702
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.