Assumable homes for sale in Federal Dam, MN

1 homeVA loansrates from 4.19% vs 7.18% today

Federal Dam assumption guide
408 5th Avenue, Federal Dam, MN, 56641 — assumable VA mortgage at 4.19%
VA
Active
36
$64,500$17,175 equity gap
Rate
4.19%
7.18%today
Payment
$314/mo
$436today
  • 2beds
  • 1baths
  • 1,520sqft

408 5th Avenue, Federal Dam

Assuming a mortgage in Federal Dam

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
4.19%
Lowest existing payment
$314/mo
Median cash to assume
$17,175
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.