FHA
Active
50$499,900$80,452 equity gap
- Rate
- 6.87%
7.40%today- Payment
- $2,796/mo
$2,948today
- 4beds
- 3baths
- 2,504sqft
Assumable homes for sale in Lake Shore, MN
3 homesFHA & VA loansrates from 6.60% vs 7.40% today
Lake Shore assumption guide
FHA
Active
50$550,000$149,356 equity gap
- Rate
- 6.78%
7.40%today- Payment
- $2,655/mo
$2,825today
- 4beds
- 3baths
- 2,780sqft
7156 Wallins South Shore Drive, Pequot Lakes
VA
Active
55$579,900$187,548 equity gap
- Rate
- 6.60%
7.40%today- Payment
- $2,580/mo
$2,797today
- 3beds
- 3baths
- 2,360sqft
6962 County Road 127, Brainerd
Assuming a mortgage in Lake Shore
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
- 6.60%
- Lowest existing payment
- $2,580 /mo
- Median cash to assume
- $149,356