Assumable homes for sale in Morristown, MN

1 homeFHA loansrates from 6.47% vs 7.40% today

Morristown assumption guide

404 Main Street, Morristown, MN, 55052 — assumable FHA mortgage at 6.47%

FHA

Active

$339,900$56,771 equity gap

Rate: 6.47%; ~~7.40%~~today
Payment: $1,824/mo; ~~$2,005~~today

4beds
2baths
2,053sqft

404 Main Street, Morristown

Assuming a mortgage in Morristown

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: 6.47%
Lowest existing payment: $1,824 /mo
Median cash to assume: $56,771