UMe
Get pre-qualified

Assumable homes for sale in Forest Lake, MN

3 homesFHA & VA loansrates from 2.74% vs 7.40% today

Forest Lake assumption guide
23030 Henna Avenue, Forest Lake, MN, 55025 — assumable FHA mortgage at 2.86%
FHA
Active
15
$383,900$68,303 equity gap
Rate
2.86%
7.40%today
Payment
$1,464/mo
$2,447today
  • 3beds
  • 2baths
  • 1,636sqft

23030 Henna Avenue, Forest Lake

619 2nd Avenue, Forest Lake, MN, 55025 — assumable VA mortgage at 2.74%
VA
Active
20
$185,000$51,496 equity gap
Rate
2.74%
7.40%today
Payment
$622/mo
$1,057today
  • 2beds
  • 1baths
  • 1,092sqft

619 2nd Avenue, Forest Lake

7611 229th Street, Forest Lake, MN, 55025 — assumable FHA mortgage at 6.16%
FHA
Active
27
$374,900$21,801 equity gap
Rate
6.16%
7.40%today
Payment
$2,220/mo
$2,508today
  • 3beds
  • 2baths
  • 2,254sqft

7611 229th Street, Forest Lake

Assuming a mortgage in Forest Lake

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
2.74%
Lowest existing payment
$622 /mo
Median cash to assume
$51,496
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.

UMe