UMe
Get pre-qualified

Assumable homes for sale in Paynesville, MN

2 homesFHA & VA loansrates from 5.41% vs 7.40% today

Paynesville assumption guide
1170 Coakley Street, Paynesville, MN, 56362 — assumable FHA mortgage at 5.41%
FHA
Active
22
$285,000$29,754 equity gap
Rate
5.41%
7.40%today
Payment
$1,523/mo
$1,876today
  • 4beds
  • 2baths
  • 2,050sqft

1170 Coakley Street, Paynesville

518 Sunrise Avenue, Paynesville, MN, 56362 — assumable VA mortgage at 6.85%
VA
Active
24
$180,000Potential short sale
Rate
6.85%
7.40%today
Payment
$1,706/mo
$1,802today
  • 3beds
  • 2baths
  • 2,040sqft

518 Sunrise Avenue, Paynesville

Assuming a mortgage in Paynesville

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
5.41%
Lowest existing payment
$1,523 /mo
Median cash to assume
$29,754
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