Erik Peterson

Erik Peterson

Assumable homes for sale in Newport, MN

2 homesVA & FHA loansrates from 6.50% vs 7.03% today

Newport assumption guide
6254 Highland Hills Lane, Cottage Grove, MN, 55016 — assumable VA mortgage at 6.81%
VA
Active
54
$475,000$34,698 down
Rate
6.81%
7.03%today
Payment
$2,904/mo
$2,970today
  • 4beds
  • 3baths
  • 2,265sqft

6254 Highland Hills Lane, Cottage Grove

544 Tulare Terrace, Newport, MN, 55055 — assumable FHA mortgage at 6.50%
FHA
Active
19
$509,990$509,990 down
Rate
6.50%
7.03%today
Payment
$0/mo
  • 2beds
  • 2baths
  • 1,591sqft

544 Tulare Terrace, Newport

Assuming a mortgage in Newport

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
6.50%
Lowest existing payment
$2,904 /mo
Median cash to assume
$272,344
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.