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Assumable homes for sale in Luverne, MN

2 homesFHA loansrates from 3.08% vs 7.40% today

Luverne assumption guide
420 Freeman Avenue, Luverne, MN, 56156 — assumable FHA mortgage at 3.08%
FHA
Active
24
$229,900$65,292 equity gap
Rate
3.08%
7.40%today
Payment
$795/mo
$1,292today
  • 4beds
  • 2baths
  • 2,415sqft

420 Freeman Avenue, Luverne

1018 Elm Street, Luverne, MN, 56156 — assumable FHA mortgage at 6.65%
FHA
Active
22
$210,000$34,045 equity gap
Rate
6.65%
7.40%today
Payment
$1,146/mo
$1,236today
  • 2beds
  • 1baths
  • 1,204sqft

1018 Elm Street, Luverne

Assuming a mortgage in Luverne

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
3.08%
Lowest existing payment
$795 /mo
Median cash to assume
$49,668
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.

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