Chris Prendergast

Chris Prendergast

Assumable homes for sale in Hector, MN

2 homesFHA loansrates from 2.99% vs 7.40% today

Hector assumption guide
280 Colfax Avenue, Hector, MN, 55342 — assumable FHA mortgage at 2.99%
FHA
Active
34
$260,000$42,494 equity gap
Rate
2.99%
7.40%today
Payment
$1,021/mo
$1,679today
  • 5beds
  • 4baths
  • 2,582sqft

280 Colfax Avenue, Hector

261 Dupont Avenue, Hector, MN, 55342 — assumable FHA mortgage at 6.67%
FHA
Active
41
$186,000$171,814 equity gap
Rate
6.67%
7.40%today
Payment
$96/mo
$103today
  • 4beds
  • 2baths
  • 2,120sqft

261 Dupont Avenue, Hector

Assuming a mortgage in Hector

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
2.99%
Lowest existing payment
$1,021 /mo
Median cash to assume
$107,154
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.