VA
Active
31$260,000$46,775 down
- Rate
- 2.87%
7.40%today- Payment
- $997/mo
$1,665today
- 3beds
- 2baths
- 2,056sqft
Fargo, North Dakota
Assumable homes for salein Fargo, North Dakota.
38 homes in Fargo carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.26%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Fargo assumable market
by the numbers.
38active assumable listings
2.26%lowest locked rate
$327kmedian list price
$510saved per month vs. 7.2%
About the market
Assumable mortgagesin Fargo, explained.
Every number on this page comes from the live MLS feeds UMe indexes for North Dakota, filtered to Fargo. Updated October 2026.
How assumptions work for buyersFargo, North Dakota has 38 homes for sale with an assumable mortgage as of October 2026: 19 FHA loans and 19 VA loans that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Fargo assumable listings start at 2.26% with a median of 4.03%; 19 listings are under 4% and 22 are under 5%.
The median assumable home in Fargo lists for $327,450, with a median of $84,579 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $1,235 a month versus $1,745 for the same balance at today's rate, roughly $510 kept every month and $6,120 a year. The most active Fargo ZIP codes are 58104 (17), 58103 (14), and 58102 (7).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Fargo assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Fargo
View all 38 on the map Homes on the marketin Fargo.
FHA
Active
42$260,000$45,365 down
- Rate
- 2.94%
7.40%today- Payment
- $1,035/mo
$1,713today
- 4beds
- 3baths
- 2,284sqft
1849 29th Street Circle, Moorhead
VA
Active
29$200,000$34,739 down
- Rate
- 2.97%
7.40%today- Payment
- $785/mo
$1,294today
- 4beds
- 3baths
- 1,914sqft
1630 11 Avenue, Fargo
FHA
Active
58$399,900$114,623 down
- Rate
- 2.81%
7.40%today- Payment
- $1,337/mo
$2,250today
- 4beds
- 4baths
- 2,708sqft
1426 23rd Street, Fargo
VA
Active
50$374,900$111,117 down
- Rate
- 3.04%
7.40%today- Payment
- $1,265/mo
$2,067today
- 3beds
- 3baths
- 1,967sqft
6567 26th Street, Fargo
VA
Active
59$409,900$139,027 down
- Rate
- 2.65%
7.40%today- Payment
- $1,257/mo
$2,159today
- 4beds
- 3baths
- 2,488sqft
3902 6th Street, Moorhead
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin Fargo.
Live counts from the MLS feeds we index for North Dakota. Updated October 2026.
- Active listings
- 38
- UMe Certified / verified
- 0
- Lowest rate
- 2.26%
- Median rate
- 4.03%
- Median list price
- $327,450
- Median cash to assume
- $84,579
Fargo listings by locked rate
- Under 4%19 homes
- 4% – 5%3 homes
- 5% – 6%5 homes
- 6% and up11 homes
Fargo listings by loan type
- FHA19 homesmedian 5.23%
- VA19 homesmedian 3.06%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Fargo ZIP code.
Each ZIP opens the Fargo map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Fargo numbers
What an assumable ratedoes to a Fargo payment.
The sliders start at the median Fargo assumable listing: $327,450 list price and a 4.03% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$80,000
25% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Fargo
$1,271/mo
New loan at 7.20%$1,663
Assumed at 4.05%
$1,271
Every month$392
Over five years$23,513
Interest you never pay$202,09126-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Fargo listing on UMe shows the actual balance, rate, and payment.
How it works in Fargo
How to assumea mortgage in Fargo.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find a Fargo home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Fargo map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $84,579 in Fargo today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a Fargo payment written in a different decade.
Fargo questions
Assuming a mortgagein Fargo.
The numbers below come from current Fargo inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Fargo?
As of October 2026, UMe tracks 38 active assumable listings in Fargo. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Fargo?
Current Fargo inventory breaks down as FHA (19, median 5.23%) and VA (19, median 3.06%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Fargo?
The lowest rate on an active Fargo assumable listing is 2.26%, and the median across all 38 listings is 4.03%. 19 listings are under 4% and 22 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Fargo?
Across current Fargo listings, the median principal-and-interest payment on the assumable loan is $1,235 per month versus $1,745 for the same balance at today's rates, a difference of about $510 every month, or $6,120 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Fargo?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Fargo that gap is currently a median of $84,579 on a median list price of $327,450. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Fargo ZIP codes have the most assumable homes?
The Fargo ZIP codes with the most active assumable listings are 58104 (17), 58103 (14), and 58102 (7). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Fargo?
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 Fargo.The rate is already on the house.
Every listing on the Fargo map has a rate you can take over. Start with the ones in Fargo, get pre-qualified in minutes, and let UMe carry the assumption to closing.