Assumable homes for sale in Princeton, MN

3 homesFHA & VA loansrates from 2.87% vs 7.40% today

Princeton assumption guide

505 4th Street, Princeton, MN, 55371 — assumable FHA mortgage at 2.87%

FHA

Active

$320,000$83,882 equity gap

Rate: 2.87%; ~~7.40%~~today
Payment: $1,099/mo; ~~$1,835~~today

4beds
2baths
2,654sqft

505 4th Street, Princeton

1401 3rd Street, Princeton, MN, 55371 — assumable FHA mortgage at 6.34%

FHA

Active

$290,000$34,477 equity gap

Rate: 6.34%; ~~7.40%~~today
Payment: $1,722/mo; ~~$1,896~~today

3beds
2baths
1,446sqft

1401 3rd Street, Princeton

7308 State Hwy 95, Princeton, MN, 55371 — assumable VA mortgage at 6.96%

Active

$309,000$35,344 equity gap

Rate: 6.96%; ~~7.40%~~today
Payment: $1,842/mo; ~~$1,925~~today

3beds
2baths
1,618sqft

7308 State Hwy 95, Princeton

Assuming a mortgage in Princeton

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: 2.87%
Lowest existing payment: $1,099 /mo
Median cash to assume: $35,344