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Assumable homes for sale in Newport, MN

3 homesFHA loansrates from 2.81% vs 7.40% today

Newport assumption guide
512 Hastings Avenue, Saint Paul Park, MN, 55071 — assumable FHA mortgage at 2.81%
FHA
Active
47
$250,000$115,761 equity gap
Rate
2.81%
7.40%today
Payment
$629/mo
$1,059today
  • 2beds
  • 2baths
  • 808sqft

512 Hastings Avenue, Saint Paul Park

6280 64th Street, Cottage Grove, MN, 55016 — assumable FHA mortgage at 7.57%
FHA
Active
37
$540,025$111,029 equity gap
Rate
7.57%
7.40%today
Payment
$3,100/mo
$3,049today
  • 4beds
  • 3baths
  • 2,606sqft

6280 64th Street, Cottage Grove

544 Tulare Terrace, Newport, MN, 55055 — assumable FHA mortgage at 6.50%
FHA
Active
17
$509,990$509,990 equity gap
Rate
6.50%
7.40%today
Payment
$0/mo
  • 2beds
  • 2baths
  • 1,591sqft

544 Tulare Terrace, Newport

Assuming a mortgage in Newport

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
2.81%
Lowest existing payment
$629 /mo
Median cash to assume
$115,761
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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