Chris Prendergast

Chris Prendergast

Assumable homes for sale in Merrifield, MN

6 homesFHA & VA loansrates from 2.81% vs 7.40% today

Merrifield assumption guide
9774 Wise Road, Brainerd, MN, 56401 — assumable FHA mortgage at 2.81%
FHA
Active
42
$315,900$109,052 equity gap
Rate
2.81%
7.40%today
Payment
$970/mo
$1,632today
  • 3beds
  • 2baths
  • 1,728sqft

9774 Wise Road, Brainerd

13066 Oakland Parkway Road, Merrifield, MN, 56465 — assumable VA mortgage at 2.89%
VA
Active
73
$459,900$292,584 equity gap
Rate
2.89%
7.40%today
Payment
$800/mo
$1,333today
  • 5beds
  • 4baths
  • 2,993sqft

13066 Oakland Parkway Road, Merrifield

16046 Woodrow Road, Brainerd, MN, 56401 — assumable FHA mortgage at 2.89%
FHA
Active
35
$429,900$180,347 equity gap
Rate
2.89%
7.40%today
Payment
$1,194/mo
$1,989today
  • 4beds
  • 2baths
  • 2,290sqft

16046 Woodrow Road, Brainerd

23829 Bulrush Drive, Merrifield, MN, 56465 — assumable VA mortgage at 6.50%
VA
Active
26
$312,000$48,568 equity gap
Rate
6.50%
7.40%today
Payment
$1,694/mo
$1,856today
  • 3beds
  • 2baths
  • 1,674sqft

23829 Bulrush Drive, Merrifield

8080 County Road 127, Brainerd, MN, 56401 — assumable FHA mortgage at 6.87%
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

8080 County Road 127, Brainerd

6962 County Road 127, Brainerd, MN, 56401 — assumable VA mortgage at 6.60%
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 Merrifield

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
2.81%
Lowest existing payment
$800 /mo
Median cash to assume
$144,700
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.