Assumable homes for sale in Montrose, MN

7 homesFHA & VA loansrates from 2.98% vs 7.18% today

Montrose assumption guide
947 Breckenridge Lane, Montrose, MN, 55363 — assumable VA mortgage at 3.69%
VA
Active
29
$300,000$56,834 equity gap
Rate
3.69%
7.18%today
Payment
$1,227/mo
$1,809today
  • 3beds
  • 2baths
  • 2,035sqft

947 Breckenridge Lane, Montrose

111 Hill Street, Montrose, MN, 55363 — assumable FHA mortgage at 2.98%
FHA
Active
58
$360,000$137,977 equity gap
Rate
2.98%
7.18%today
Payment
$1,053/mo
$1,696today
  • 3beds
  • 2baths
  • 1,515sqft

111 Hill Street, Montrose

610 Fairmont Avenue, Montrose, MN, 55363 — assumable FHA mortgage at 3.69%
FHA
Active
31
$325,316$196,680 equity gap
Rate
3.69%
7.18%today
Payment
$767/mo
$1,131today
  • 3beds
  • 2baths
  • 1,845sqft

610 Fairmont Avenue, Montrose

615 Dillon Avenue, Montrose, MN, 55363 — assumable FHA mortgage at 6.66%
FHA
Active
43
$350,000$53,341 equity gap
Rate
6.66%
7.18%today
Payment
$1,962/mo
$2,069today
  • 4beds
  • 2baths
  • 1,990sqft

615 Dillon Avenue, Montrose

977 Breckenridge Lane, Montrose, MN, 55363 — assumable FHA mortgage at 6.93%
FHA
Active
29
$350,000$103,015 equity gap
Rate
6.93%
7.18%today
Payment
$1,659/mo
$1,701today
  • 4beds
  • 3baths
  • 1,906sqft

977 Breckenridge Lane, Montrose

529 1st Street, Montrose, MN, 55363 — assumable FHA mortgage at 7.50%
FHA
Active
49
$329,900$80,208 equity gap
Rate
7.50%
7.18%today
Payment
$1,793/mo
$1,737today
  • 4beds
  • 3baths
  • 2,328sqft

529 1st Street, Montrose

1110 Natalie Avenue, Montrose, MN, 55363 — assumable FHA mortgage at 7.08%
FHA
Active
7
$276,900Potential short sale
Rate
7.08%
7.18%today
Payment
$2,107/mo
$2,128today
  • 4beds
  • 2baths
  • 2,234sqft

1110 Natalie Avenue, Montrose

Assuming a mortgage in Montrose

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
2.98%
Lowest existing payment
$767/mo
Median cash to assume
$91,611
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.