Chris Prendergast

Chris Prendergast

Assumable homes for sale in Montevideo, MN

6 homesFHA & VA loansrates from 2.36% vs 7.40% today

Montevideo assumption guide
121 5th Street, Montevideo, MN, 56265 — assumable FHA mortgage at 2.88%
FHA
Active
35
$229,000$45,339 equity gap
Rate
2.88%
7.40%today
Payment
$856/mo
$1,427today
  • 4beds
  • 3baths
  • 2,791sqft

121 5th Street, Montevideo

220 7th Street, Montevideo, MN, 56265 — assumable FHA mortgage at 2.67%
FHA
Active
26
$222,800$78,182 equity gap
Rate
2.67%
7.40%today
Payment
$674/mo
$1,155today
  • 5beds
  • 3baths
  • 2,106sqft

220 7th Street, Montevideo

413 13th Street, Montevideo, MN, 56265 — assumable VA mortgage at 2.36%
VA
Active
41
$199,900$132,101 equity gap
Rate
2.36%
7.40%today
Payment
$644/mo
$899today
  • 3beds
  • 2baths
  • 1,542sqft

413 13th Street, Montevideo

419 5th Street, Montevideo, MN, 56265 — assumable FHA mortgage at 5.89%
FHA
Active
19
$184,900$36,949 equity gap
Rate
5.89%
7.40%today
Payment
$925/mo
$1,081today
  • 3beds
  • 2baths
  • 1,876sqft

419 5th Street, Montevideo

207 6th Street, Montevideo, MN, 56265 — assumable FHA mortgage at 6.81%
FHA
Active
28
$190,000$40,748 equity gap
Rate
6.81%
7.40%today
Payment
$1,006/mo
$1,067today
  • 4beds
  • 1baths
  • 1,105sqft

207 6th Street, Montevideo

111 Buckeye Drive, Montevideo, MN, 56265 — assumable VA mortgage
VA
Active
37
$329,000$329,000 equity gap
Rate
—%
7.40%today
Payment
—/mo
  • 4beds
  • 3baths
  • 2,436sqft

111 Buckeye Drive, Montevideo

Assuming a mortgage in Montevideo

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
2.36%
Lowest existing payment
$644 /mo
Median cash to assume
$61,761
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.