FHA
Active
56$365,000$142,477 equity gap
- Rate
- 2.98%
7.40%today- Payment
- $1,053/mo
$1,734today
- 3beds
- 2baths
- 1,515sqft
Winsted, Minnesota
Assumable homes for salein Winsted, Minnesota.
2 homes in Winsted carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 3.11%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Winsted assumable market
by the numbers.
2active assumable listings
3.11%lowest locked rate
$267kmedian list price
$503saved per month vs. 7.2%
About the market
Assumable mortgagesin Winsted, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Minnesota, filtered to Winsted. Updated October 2026.
How assumptions work for buyersWinsted, Minnesota has 2 homes for sale with an assumable mortgage as of October 2026: 2 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 Winsted assumable listings start at 3.11% with a median of 3.89%; 1 listing is under 4% and 2 are under 5%.
The median assumable home in Winsted lists for $267,450, with a median of $61,197 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 $1,076 a month versus $1,579 for the same balance at today's rate, roughly $503 kept every month and $6,032 a year. The most active Winsted ZIP codes are 55395 (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 Winsted assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Winsted
View all 2 on the map Homes on the marketin Winsted.
FHA
Active
25$275,000$95,927 equity gap
- Rate
- 3.11%
7.40%today- Payment
- $848/mo
$1,374today
- 4beds
- 2baths
- 1,984sqft
651 2nd Street, Winsted
VA
Active
50$379,900$137,244 equity gap
- Rate
- 3.15%
7.40%today- Payment
- $1,199/mo
$1,932today
- 4beds
- 2baths
- 2,385sqft
5600 Imhoff Avenue, Howard Lake
FHA
Active
15$259,900$25,690 equity gap
- Rate
- 4.67%
7.40%today- Payment
- $1,304/mo
$1,747today
- 4beds
- 2baths
- 2,072sqft
345 Sunfish Lane, Winsted
FHA
Active
49$329,900$79,977 equity gap
- Rate
- 7.50%
7.40%today- Payment
- $1,793/mo
$1,775today
- 4beds
- 3baths
- 2,328sqft
529 1st Street, Montrose
FHA
Active
26$324,999$213,464 equity gap
- Rate
- 6.62%
7.40%today- Payment
- $1,198/mo
$1,296today
- 4beds
- 2baths
- 1,692sqft
5590 Jeffery Avenue, Howard Lake
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 Winsted.
Live counts from the MLS feeds we index for Minnesota. Updated October 2026.
- Active listings
- 2
- UMe Certified / verified
- 0
- Lowest rate
- 3.11%
- Median rate
- 3.89%
- Median list price
- $267,450
- Median cash to assume
- $61,197
Winsted listings by locked rate
- Under 4%1 home
- 4% – 5%1 home
- 5% – 6%0 homes
- 6% and up0 homes
Winsted listings by loan type
- FHA2 homesmedian 3.89%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Winsted ZIP code.
Each ZIP opens the Winsted map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Winsted numbers
What an assumable ratedoes to a Winsted payment.
The sliders start at the median Winsted assumable listing: $267,450 list price and a 3.89% 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)$60,000
23% 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 Winsted
$1,047/mo
New loan at 7.20%$1,392
Assumed at 3.90%
$1,047
Every month$345
Over five years$20,700
Interest you never pay$174,43426-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 Winsted listing on UMe shows the actual balance, rate, and payment.
How it works in Winsted
How to assumea mortgage in Winsted.
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 Winsted home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Winsted 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 $61,197 in Winsted 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 Winsted payment written in a different decade.
Winsted questions
Assuming a mortgagein Winsted.
The numbers below come from current Winsted inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Winsted?
As of October 2026, UMe tracks 2 active assumable listings in Winsted. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Winsted?
Current Winsted inventory breaks down as FHA (2, median 3.89%). 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 Winsted?
The lowest rate on an active Winsted assumable listing is 3.11%, and the median across all 2 listings is 3.89%. 1 listing is under 4% and 2 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 Winsted?
Across current Winsted listings, the median principal-and-interest payment on the assumable loan is $1,076 per month versus $1,579 for the same balance at today's rates, a difference of about $503 every month, or $6,032 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 Winsted?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Winsted that gap is currently a median of $61,197 on a median list price of $267,450. 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 Winsted ZIP codes have the most assumable homes?
The Winsted ZIP codes with the most active assumable listings are 55395 (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 Winsted?
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.
Nearby markets
All of Minnesota More assumable homesin Minnesota.
Ready when you are
Stop overpaying for Winsted.The rate is already on the house.
Every listing on the Winsted map has a rate you can take over. Start with the ones in Winsted, get pre-qualified in minutes, and let UMe carry the assumption to closing.
