Chris Prendergast

Chris Prendergast

Assumable homes for sale in Minneapolis, MN

18 homesFHA loansrates from 2.90% vs 7.40% today

Minneapolis assumption guide
2532 1st Avenue #S301, Minneapolis, MN, 55404 — assumable FHA mortgage at 3.45%
FHATop pick
Active
29
$119,900$3,839 equity gap
Rate
3.45%
7.40%today
Payment
$600/mo
$931today
  • 1beds
  • 1baths
  • 550sqft

2532 1st Avenue #S301, Minneapolis

3327 Oakland Avenue, Minneapolis, MN, 55407 — assumable FHA mortgage at 3.06%
FHA
Active
25
$339,000$64,944 equity gap
Rate
3.06%
7.40%today
Payment
$1,314/mo
$2,141today
  • 4beds
  • 2baths
  • 1,920sqft

3327 Oakland Avenue, Minneapolis

2725 Garfield Avenue, Minneapolis, MN, 55408 — assumable FHA mortgage at 2.90%
FHA
Active
38
$465,000$130,832 equity gap
Rate
2.90%
7.40%today
Payment
$1,567/mo
$2,607today
  • 3beds
  • 2baths
  • 1,720sqft

2725 Garfield Avenue, Minneapolis

3129 Clinton Avenue, Minneapolis, MN, 55408 — assumable FHA mortgage at 3.47%
FHA
Active
30
$375,000$95,118 equity gap
Rate
3.47%
7.40%today
Payment
$1,450/mo
$2,243today
  • 4beds
  • 2baths
  • 3,058sqft

3129 Clinton Avenue, Minneapolis

2812 Stevens Avenue, Minneapolis, MN, 55408 — assumable FHA mortgage at 3.22%
FHA
Active
31
$550,000$341,931 equity gap
Rate
3.22%
7.40%today
Payment
$996/mo
$1,590today
  • 6beds
  • 4baths
  • 3,340sqft

2812 Stevens Avenue, Minneapolis

3831 Grand Avenue, Minneapolis, MN, 55409 — assumable FHA mortgage at 3.40%
FHA
Active
37
$625,000$557,269 equity gap
Rate
3.40%
7.40%today
Payment
$937/mo
$1,303today
  • 7beds
  • 4baths
  • 3,444sqft

3831 Grand Avenue, Minneapolis

3432 Chicago Avenue, Minneapolis, MN, 55407 — assumable FHA mortgage at 3.42%
FHA
Active
26
$319,900$197,665 equity gap
Rate
3.42%
7.40%today
Payment
$698/mo
$1,087today
  • 4beds
  • 2baths
  • 1,667sqft

3432 Chicago Avenue, Minneapolis

3024 Pleasant Avenue, Minneapolis, MN, 55408 — assumable FHA mortgage at 4.67%
FHA
Active
19
$689,900$182,960 equity gap
Rate
4.67%
7.40%today
Payment
$2,823/mo
$3,782today
  • 8beds
  • 4baths
  • 3,600sqft

3024 Pleasant Avenue, Minneapolis

2644 Garfield Avenue, Minneapolis, MN, 55408 — assumable FHA mortgage at 4.53%
FHA
Active
37
$337,799Potential short sale
Rate
4.53%
7.40%today
Payment
$2,282/mo
$3,107today
  • 5beds
  • 3baths
  • 2,553sqft

2644 Garfield Avenue, Minneapolis

3905 Elliot Avenue, Minneapolis, MN, 55407 — assumable FHA mortgage at 6.26%
FHA
Active
20
$375,000$41,070 equity gap
Rate
6.26%
7.40%today
Payment
$2,148/mo
$2,413today
  • 4beds
  • 2baths
  • 2,086sqft

3905 Elliot Avenue, Minneapolis

3310 Chicago Avenue, Minneapolis, MN, 55407 — assumable FHA mortgage at 7.18%
FHA
Active
$369,700$45,783 equity gap
Rate
7.18%
7.40%today
Payment
$2,262/mo
$2,311today
  • 7beds
  • 3baths
  • 3,175sqft

3310 Chicago Avenue, Minneapolis

52 Groveland Terrace #A107, Minneapolis, MN, 55403 — assumable FHA mortgage at 5.00%
FHA
Active
14
$179,900$87,627 equity gap
Rate
5.00%
7.40%today
Payment
$771/mo
$995today
  • 1beds
  • 1baths
  • 745sqft

52 Groveland Terrace #A107, Minneapolis

4219 5th Avenue, Minneapolis, MN, 55409 — assumable FHA mortgage at 5.00%
FHA
Active
39
$340,000$265,792 equity gap
Rate
5.00%
7.40%today
Payment
$628/mo
$810today
  • 3beds
  • 1baths
  • 1,665sqft

4219 5th Avenue, Minneapolis

3620 3rd Avenue, Minneapolis, MN, 55409 — assumable FHA mortgage at 6.60%
FHA
Active
33
$499,000$101,907 equity gap
Rate
6.60%
7.40%today
Payment
$2,611/mo
$2,831today
  • 9beds
  • 5baths
  • 4,863sqft

3620 3rd Avenue, Minneapolis

1425 28th Street #223, Minneapolis, MN, 55408 — assumable FHA mortgage at 6.76%
FHA
Active
12
$119,900$30,642 equity gap
Rate
6.76%
7.40%today
Payment
$588/mo
$627today
  • 1beds
  • 1baths
  • 780sqft

1425 28th Street #223, Minneapolis

1004 22nd Street, Minneapolis, MN, 55404 — assumable FHA mortgage at 5.55%
FHA
Active
5
$247,000$54,782 equity gap
Rate
5.55%
7.40%today
Payment
$1,162/mo
$1,409today
  • 3beds
  • 2baths
  • 2,160sqft

1004 22nd Street, Minneapolis

2900 11th Avenue #208, Minneapolis, MN, 55407 — assumable FHA mortgage at 6.12%
FHA
Active
28
$215,000$74,120 equity gap
Rate
6.12%
7.40%today
Payment
$874/mo
$997today
  • 3beds
  • 2baths
  • 1,164sqft

2900 11th Avenue #208, Minneapolis

1518 Park Avenue, Minneapolis, MN, 55404 — assumable FHA mortgage at 6.54%
FHA
Active
26
$389,900Potential short sale
Rate
6.54%
7.40%today
Payment
$2,884/mo
$3,146today
  • 6beds
  • 2baths
  • 2,849sqft

1518 Park Avenue, Minneapolis

Assuming a mortgage in Minneapolis

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
2.90%
Lowest existing payment
$588 /mo
Median cash to assume
$91,372
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.