FHA
Active
24$249,900$67,322 equity gap
- Rate
- 2.78%
7.40%today- Payment
- $845/mo
$1,428today
- 2beds
- 2baths
- 1,204sqft
Bismarck, North Dakota
Assumable homes for salein Bismarck, North Dakota.
10 homes in Bismarck carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.78%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Bismarck assumable market
by the numbers.
10active assumable listings
2.78%lowest locked rate
$393kmedian list price
$181saved per month vs. 7.2%
About the market
Assumable mortgagesin Bismarck, explained.
Every number on this page comes from the live MLS feeds UMe indexes for North Dakota, filtered to Bismarck. Updated October 2026.
How assumptions work for buyersBismarck, North Dakota has 10 homes for sale with an assumable mortgage as of October 2026: 6 VA loans and 4 FHA loans that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Bismarck assumable listings start at 2.78% with a median of 6.68%; 3 listings are under 4% and 3 are under 5%.
The median assumable home in Bismarck lists for $392,500, with a median of $97,223 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $1,583 a month versus $1,763 for the same balance at today's rate, roughly $181 kept every month and $2,170 a year. The most active Bismarck ZIP codes are 58504 (5), 58503 (3), and 58501 (2).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Bismarck assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Bismarck
View all 10 on the map Homes on the marketin Bismarck.
VA
Active
29$387,500$108,703 equity gap
- Rate
- 2.98%
7.40%today- Payment
- $1,319/mo
$2,172today
- 4beds
- 3baths
- 2,399sqft
1413 Shires Drive, Mandan
FHA
Active
42$210,000$45,471 equity gap
- Rate
- 3.05%
7.40%today- Payment
- $792/mo
$1,292today
- 3beds
- 2baths
- 1,806sqft
407 7th Avenue, Mandan
FHA
Active
47$349,900$133,795 equity gap
- Rate
- 3.23%
7.40%today- Payment
- $1,087/mo
$1,734today
- 4beds
- 2baths
- 1,785sqft
3008 Belgian Bend, Mandan
FHA
Active
41$167,900$111,904 equity gap
- Rate
- 3.53%
7.40%today- Payment
- $372/mo
$572today
- 2beds
- 1baths
- 1,087sqft
1147 Jefferson Avenue, Bismarck
VA
Active
31$464,900$367,196 equity gap
- Rate
- 3.77%
7.40%today- Payment
- $608/mo
$907today
- 3beds
- 2baths
- 2,336sqft
7649 Dogwood Drive, Bismarck
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin Bismarck.
Live counts from the MLS feeds we index for North Dakota. Updated October 2026.
- Active listings
- 10
- UMe Certified / verified
- 0
- Lowest rate
- 2.78%
- Median rate
- 6.68%
- Median list price
- $392,500
- Median cash to assume
- $97,223
Bismarck listings by locked rate
- Under 4%3 homes
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up7 homes
Bismarck listings by loan type
- VA6 homesmedian 6.68%
- FHA4 homesmedian 5.17%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Bismarck ZIP code.
Each ZIP opens the Bismarck map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Bismarck numbers
What an assumable ratedoes to a Bismarck payment.
The sliders start at the median Bismarck assumable listing: $392,500 list price and a 6.68% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$100,000
25% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Bismarck
$1,999/mo
New loan at 7.20%$2,002
Assumed at 6.70%
$1,999
Every month$3
Over five years$209
Interest you never pay$97,20526-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Bismarck listing on UMe shows the actual balance, rate, and payment.
How it works in Bismarck
How to assumea mortgage in Bismarck.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find a Bismarck home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Bismarck map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $97,223 in Bismarck today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a Bismarck payment written in a different decade.
Bismarck questions
Assuming a mortgagein Bismarck.
The numbers below come from current Bismarck inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Bismarck?
As of October 2026, UMe tracks 10 active assumable listings in Bismarck. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Bismarck?
Current Bismarck inventory breaks down as VA (6, median 6.68%) and FHA (4, median 5.17%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Bismarck?
The lowest rate on an active Bismarck assumable listing is 2.78%, and the median across all 10 listings is 6.68%. 3 listings are under 4% and 3 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Bismarck?
Across current Bismarck listings, the median principal-and-interest payment on the assumable loan is $1,583 per month versus $1,763 for the same balance at today's rates, a difference of about $181 every month, or $2,170 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Bismarck?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Bismarck that gap is currently a median of $97,223 on a median list price of $392,500. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Bismarck ZIP codes have the most assumable homes?
The Bismarck ZIP codes with the most active assumable listings are 58504 (5), 58503 (3), and 58501 (2). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Bismarck?
Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Ready when you are
Stop overpaying for Bismarck.The rate is already on the house.
Every listing on the Bismarck map has a rate you can take over. Start with the ones in Bismarck, get pre-qualified in minutes, and let UMe carry the assumption to closing.
