Assumable homes for sale in Elko, MN

6 homesVA & FHA loansrates from 2.74% vs 7.18% today

Elko assumption guide
20749 Italy Avenue, Lakeville, MN, 55044 — assumable VA mortgage at 2.74%
VA
Active
39
$387,900$186,478 equity gap
Rate
2.74%
7.18%today
Payment
$939/mo
$1,560today
  • 4beds
  • 2baths
  • 1,890sqft

20749 Italy Avenue, Lakeville

1507 Quie Lane, Northfield, MN, 55057 — assumable VA mortgage at 2.96%
VA
Active
43
$835,000$471,154 equity gap
Rate
2.96%
7.18%today
Payment
$1,766/mo
$2,853today
  • 4beds
  • 3baths
  • 3,706sqft

1507 Quie Lane, Northfield

26525 Pond Court, Elko New Market, MN, 55020 — assumable FHA mortgage at 6.12%
FHA
Active
$300,000Potential short sale
Rate
6.12%
7.18%today
Payment
$1,848/mo
$2,062today
  • 3beds
  • 3baths
  • 2,072sqft

26525 Pond Court, Elko New Market

534 Delaware Street, Lonsdale, MN, 55046 — assumable VA mortgage at 6.29%
VA
Active
12
$243,000$19,092 equity gap
Rate
6.29%
7.18%today
Payment
$1,459/mo
$1,599today
  • 2beds
  • 2baths
  • 1,522sqft

534 Delaware Street, Lonsdale

11415 242nd Court, Lakeville, MN, 55044 — assumable VA mortgage at 6.85%
VA
Active
78
$750,000$61,057 equity gap
Rate
6.85%
7.18%today
Payment
$4,570/mo
$4,725today
  • 3beds
  • 3baths
  • 3,140sqft

11415 242nd Court, Lakeville

420 10th Avenue, Lonsdale, MN, 55046 — assumable FHA mortgage at 6.27%
FHA
Active
33
$425,000$65,583 equity gap
Rate
6.27%
7.18%today
Payment
$2,320/mo
$2,548today
  • 5beds
  • 3baths
  • 2,542sqft

420 10th Avenue, Lonsdale

Assuming a mortgage in Elko

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 7.18%), so you can see the saving before you tour.

Lowest existing rate
2.74%
Lowest existing payment
$939/mo
Median cash to assume
$63,320
Equal Housing Opportunity

UMe 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.