Assumable homes for sale in Gilbert, MN

3 homesFHA & VA loansrates from 3.08% vs 7.40% today

Gilbert assumption guide

1221 21st Street, Virginia, MN, 55792 — assumable FHA mortgage at 3.08%

FHA

Active

$275,000$56,511 equity gap

Rate: 3.08%; ~~7.40%~~today
Payment: $1,050/mo; ~~$1,707~~today

4beds
2baths
2,402sqft

1221 21st Street, Virginia

913 9th Street, Virginia, MN, 55792 — assumable FHA mortgage at 3.18%

FHA

Active

$139,900$30,023 equity gap

Rate: 3.18%; ~~7.40%~~today
Payment: $534/mo; ~~$857~~today

3beds
2baths
1,520sqft

913 9th Street, Virginia

511 Indiana Avenue, Gilbert, MN, 55741 — assumable VA mortgage at 4.45%

Active

$235,000$113,597 equity gap

Rate: 4.45%; ~~7.40%~~today
Payment: $712/mo; ~~$979~~today

3beds
2baths
2,375sqft

511 Indiana Avenue, Gilbert

Assuming a mortgage in Gilbert

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: 3.08%
Lowest existing payment: $534 /mo
Median cash to assume: $56,511