FHA
Active
29$274,900$152,201 equity gap
- Rate
- 3.85%
7.40%today- Payment
- $709/mo
$1,047today
- 4beds
- 2baths
- 2,424sqft
Assumable homes for sale in Madelia, MN
2 homesFHA & VA loansrates from 3.85% vs 7.40% today
Madelia assumption guide
VA
Active
43$305,000$34,164 equity gap
- Rate
- 6.92%
7.40%today- Payment
- $1,826/mo
$1,916today
- 4beds
- 3baths
- 2,203sqft
313 1st Street, Madelia
Assuming a mortgage in Madelia
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
- 3.85%
- Lowest existing payment
- $709 /mo
- Median cash to assume
- $93,182