Erik Peterson

Erik Peterson

Assumable homes for sale in Minneapolis, MN

8 homesFHA & VA loansrates from 2.84% vs 7.32% today

Minneapolis assumption guide
904 9th Avenue, Minneapolis, MN, 55414 — assumable FHA mortgage at 2.84%
FHA
Active
35
$384,900$68,225 equity gap
Rate
2.84%
7.32%today
Payment
$1,472/mo
$2,448today
  • 6beds
  • 2baths
  • 2,376sqft

904 9th Avenue, Minneapolis

2820 Cleveland Street, Minneapolis, MN, 55418 — assumable VA mortgage at 2.95%
VA
Active
33
$439,900$143,008 equity gap
Rate
2.95%
7.32%today
Payment
$1,403/mo
$2,301today
  • 2beds
  • 1baths
  • 1,459sqft

2820 Cleveland Street, Minneapolis

1222 Washington Street, Minneapolis, MN, 55413 — assumable FHA mortgage at 3.25%
FHA
Active
48
$419,000$264,547 equity gap
Rate
3.25%
7.32%today
Payment
$1,017/mo
$1,605today
  • 2beds
  • 2baths
  • 2,160sqft

1222 Washington Street, Minneapolis

1314 Lincoln Street, Minneapolis, MN, 55413 — assumable FHA mortgage at 4.05%
FHA
Active
47
$365,000$201,523 equity gap
Rate
4.05%
7.32%today
Payment
$969/mo
$1,386today
  • 4beds
  • 2baths
  • 1,920sqft

1314 Lincoln Street, Minneapolis

2633 Taylor Street, Minneapolis, MN, 55418 — assumable FHA mortgage at 4.20%
FHA
Active
42
$339,000$157,732 equity gap
Rate
4.20%
7.32%today
Payment
$1,095/mo
$1,538today
  • 5beds
  • 2baths
  • 1,792sqft

2633 Taylor Street, Minneapolis

616 Monroe Street, Minneapolis, MN, 55413 — assumable FHA mortgage at 6.50%
FHA
Active
25
$385,000$39,597 equity gap
Rate
6.50%
7.32%today
Payment
$2,223/mo
$2,416today
  • 5beds
  • 3baths
  • 2,151sqft

616 Monroe Street, Minneapolis

1312 27th Avenue, Minneapolis, MN, 55418 — assumable FHA mortgage at 6.63%
FHA
Active
33
$370,000$50,742 equity gap
Rate
6.63%
7.32%today
Payment
$2,076/mo
$2,226today
  • 4beds
  • 2baths
  • 1,396sqft

1312 27th Avenue, Minneapolis

510 Huset Parkway, Columbia Heights, MN, 55421 — assumable VA mortgage at 6.35%
VA
Active
32
$385,000$94,245 equity gap
Rate
6.35%
7.32%today
Payment
$1,816/mo
$2,009today
  • 4beds
  • 4baths
  • 2,495sqft

510 Huset Parkway, Columbia Heights

Assuming a mortgage in Minneapolis

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 7.32%), so you can see the saving before you tour.

Lowest existing rate
2.84%
Lowest existing payment
$969 /mo
Median cash to assume
$118,627
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.