Erik Peterson

Erik Peterson

Assumable homes for sale in Monticello, MN

4 homesFHA & VA loansrates from 2.80% vs 7.03% today

Monticello assumption guide
317 River Street, Monticello, MN, 55362 — assumable FHA mortgage at 3.13%
FHA
Active
30
$290,000$105,720 down
Rate
3.13%
7.03%today
Payment
$909/mo
$1,415today
  • 4beds
  • 2baths
  • 2,158sqft

317 River Street, Monticello

8676 Fairhill Lane, Monticello, MN, 55362 — assumable VA mortgage at 2.80%
VA
Active
44
$394,900$184,835 down
Rate
2.80%
7.03%today
Payment
$972/mo
$1,579today
  • 5beds
  • 2baths
  • 2,231sqft

8676 Fairhill Lane, Monticello

705 River Street, Monticello, MN, 55362 — assumable VA mortgage at 6.90%
VA
Active
46
$399,900$47,268 down
Rate
6.90%
7.03%today
Payment
$2,410/mo
$2,442today
  • 4beds
  • 3baths
  • 2,664sqft

705 River Street, Monticello

4124 Eaton Circle, Monticello, MN, 55362 — assumable FHA mortgage at 6.57%
FHA
Active
19
$384,999$20,443 down
Rate
6.57%
7.03%today
Payment
$2,406/mo
$2,522today
  • 3beds
  • 2baths
  • 1,357sqft

4124 Eaton Circle, Monticello

Assuming a mortgage in Monticello

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
2.80%
Lowest existing payment
$909 /mo
Median cash to assume
$76,494
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.