Chris Prendergast

Chris Prendergast

Assumable homes for sale in New London, MN

4 homesVA & FHA loansrates from 2.90% vs 7.40% today

New London assumption guide
8382 198th Avenue, New London, MN, 56273 — assumable VA mortgage at 2.90%
VA
Active
142
$1,449,000$899,402 equity gap
Rate
2.90%
7.40%today
Payment
$2,632/mo
$4,378today
  • 4beds
  • 4baths
  • 4,303sqft

8382 198th Avenue, New London

316 3 Ave, New London, MN, 56273 — assumable FHA mortgage at 3.65%
FHA
Active
22
$210,000$116,125 equity gap
Rate
3.65%
7.40%today
Payment
$494/mo
$748today
  • 4beds
  • 2baths
  • 1,660sqft

316 3 Ave, New London

2398 122nd Avenue, Spicer, MN, 56288 — assumable VA mortgage at 3.91%
VA
Active
60
$544,700$366,809 equity gap
Rate
3.91%
7.40%today
Payment
$1,100/mo
$1,613today
  • 4beds
  • 3baths
  • 3,308sqft

2398 122nd Avenue, Spicer

225 Cedar Street, New London, MN, 56273 — assumable VA mortgage at 4.94%
VA
Active
29
$159,900$81,560 equity gap
Rate
4.94%
7.40%today
Payment
$483/mo
$627today
  • 1beds
  • 1baths
  • 1,104sqft

225 Cedar Street, New London

Assuming a mortgage in New London

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
$483 /mo
Median cash to assume
$241,467
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.