3.07% FHA
$222,500
$743/mo
530 9th Street
Red Wing, MN
3 bd2 ba1,372 sqft
Bay City, Wisconsin
Keep the rate.
Buy the home in Bay City.
Assumable mortgages let you take over a seller’s existing low-rate loan instead of financing at today’s 7.2%. These are the ones we’ve verified in Bay City.
Avg. assumable rate
3.22%
vs 7.2% market
$518/mo saved
Average locked rate
3.22%
Across 6 assumable listings
Typical monthly savings
$518
On a $264,375 home vs 7.2%
Certified listings
0
Loan terms confirmed with the listing agent
Loan types
FHA · VA
Government-backed loans are assumable by law
Verified in Bay City
Homes with a rate worth keeping
2.77% VA
$254,900
$811/mo
2253 Patch Crescent
Red Wing, MN
3 bd2 ba1,532 sqft
2.94% VA
$360,000
$1,168/mo
2326 Hallquist Avenue
Red Wing, MN
3 bd2 ba2,291 sqft
3.76% FHA
$280,000
$1,070/mo
816 5th Street
Red Wing, MN
4 bd3 ba2,155 sqft
3.02% FHA
$244,000
$681/mo
203 7th Street
Red Wing, MN
3 bd2 ba1,363 sqft
3.77% FHA
$224,850
$729/mo
1519 Central Park Street
Red Wing, MN
3 bd2 ba2,296 sqft
Nearby markets
More assumable homes in Wisconsin
- New Richmond7
- Danbury5
- Hudson5
- Amery3
- River Falls3
- Somerset3
- Clayton2
- Eau Claire2
- Ellsworth2
- Menomonie2
- Osceola2
- Prescott2
- Webster2
- Alma1
- Baldwin1
- Cadott1
- Cumberland1
- Fountain City1
- Hager City1
- Hammond1
- Independence1
- La Crosse1
- Milltown1
- Alma Center
Run your numbers
The cost of waiting in Bay City.
A 7.2% new loan against an assumable one at 3.22%, same balance, 30 years.
You keep every month
$520/mo
Over a year$6,239
Monthly payment, side by side
7.2% vs 3.22%
How an assumption works
Three steps. One lower payment.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written.
- 01
Find a locked rate
Every listing here carries an existing FHA, VA, or USDA loan you can take over. Filter by rate, payment, or down payment.
- 02
Qualify with the servicer
You apply with the current lender, not a new one. Our team handles the paperwork and the timeline.
- 03
Close and keep the rate
The seller’s balance, rate, and remaining term become yours. No points, no rate shopping, no reset to 30 years.
Questions
Assuming a mortgage in Bay City
Numbers below come from current Bay City inventory and update as listings change.
- Are there assumable homes for sale in Bay City?
- As of September 2026, there are no verified assumable listings in Bay City. New assumable homes appear every week across Wisconsin; save a search on the map and we will email you when one lands in Bay City.
- What types of loans can be assumed in Bay City?
- FHA, VA, and USDA mortgages are assumable by law and make up nearly all assumable listings in Wisconsin. Conventional loans usually include a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan.
- How long does a mortgage assumption take in Bay City?
- Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Ready when you are
Stop overpaying for Bay City.
Every listing on the map has a rate you can take over. Start with the ones in Wisconsin, or list your own low-rate loan and let buyers come to you.
