Chris Prendergast

Chris Prendergast

Assumable homes for sale in Elk River, MN

8 homesFHA & VA loansrates from 3.42% vs 7.40% today

Elk River assumption guide
18667 Zane Street, Elk River, MN, 55330 — assumable VA mortgage at 3.42%
VA
Active
44
$374,900$258,828 equity gap
Rate
3.42%
7.40%today
Payment
$757/mo
$1,178today
  • 3beds
  • 3baths
  • 2,328sqft

18667 Zane Street, Elk River

8098 Padgett Avenue, Otsego, MN, 55330 — assumable FHA mortgage at 5.27%
FHA
Active
47
$420,000$10,293 equity gap
Rate
5.27%
7.40%today
Payment
$2,418/mo
$3,025today
  • 4beds
  • 4baths
  • 2,775sqft

8098 Padgett Avenue, Otsego

17872 Tyler Street, Elk River, MN, 55330 — assumable FHA mortgage at 3.92%
FHA
Active
46
$399,000$157,730 equity gap
Rate
3.92%
7.40%today
Payment
$1,392/mo
$2,039today
  • 5beds
  • 4baths
  • 2,875sqft

17872 Tyler Street, Elk River

17179 Monroe Drive, Elk River, MN, 55330 — assumable VA mortgage at 3.95%
VA
Active
26
$262,000$122,382 equity gap
Rate
3.95%
7.40%today
Payment
$804/mo
$1,173today
  • 2beds
  • 2baths
  • 1,590sqft

17179 Monroe Drive, Elk River

8710 Parkington Avenue, Otsego, MN, 55330 — assumable FHA mortgage at 6.83%
FHA
Active
43
$315,000Potential short sale
Rate
6.83%
7.40%today
Payment
$2,206/mo
$2,336today
  • 3beds
  • 3baths
  • 1,906sqft

8710 Parkington Avenue, Otsego

7924 Palmgren Avenue, Otsego, MN, 55330 — assumable FHA mortgage at 4.37%
FHA
Active
28
$430,000$285,896 equity gap
Rate
4.37%
7.40%today
Payment
$999/mo
$1,386today
  • 4beds
  • 4baths
  • 2,352sqft

7924 Palmgren Avenue, Otsego

17182 Nixon Court, Elk River, MN, 55330 — assumable FHA mortgage at 6.28%
FHA
Active
32
$243,500$15,554 equity gap
Rate
6.28%
7.40%today
Payment
$1,468/mo
$1,645today
  • 2beds
  • 2baths
  • 1,422sqft

17182 Nixon Court, Elk River

11344 Elk Lane, Elk River, MN, 55330 — assumable FHA mortgage at 6.99%
FHA
Active
24
$369,000$36,117 equity gap
Rate
6.99%
7.40%today
Payment
$2,264/mo
$2,359today
  • 4beds
  • 2baths
  • 2,420sqft

11344 Elk Lane, Elk River

Assuming a mortgage in Elk River

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
3.42%
Lowest existing payment
$757 /mo
Median cash to assume
$122,382
Chris Prendergast

Chris Prendergast

20 Degrees North

chris@20degreesn.com+1808388555520 Degrees North logo
Equal Housing Opportunity

20 Degrees North 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.