Assumable homes for sale in Clara City, MN

1 homeVA loansrates from 3.78% vs 7.40% today

Clara City assumption guide

402 Emerson Avenue, Raymond, MN, 56282 — assumable VA mortgage at 3.78%

Active

$154,900$104,568 equity gap

Rate: 3.78%; ~~7.40%~~today
Payment: $288/mo; ~~$429~~today

2beds
1baths
1,078sqft

402 Emerson Avenue, Raymond

Assuming a mortgage in Clara City

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 7.40%), so you can see the saving before you tour.

Lowest existing rate: 3.78%
Median cash to assume: $104,568