Assumable homes for sale in Hillman, MN

1 homeFHA loansrates from 6.85% vs 7.40% today

Hillman assumption guide

16962 State Highway 27, Onamia, MN, 56359 — assumable FHA mortgage at 6.85%

FHA

Active

$369,900$58,258 equity gap

Rate: 6.85%; ~~7.40%~~today
Payment: $2,075/mo; ~~$2,193~~today

4beds
3baths
1,802sqft

16962 State Highway 27, Onamia

Assuming a mortgage in Hillman

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: 6.85%
Lowest existing payment: $2,075 /mo
Median cash to assume: $58,258