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Assumable homes for sale in Pelican Rapids, MN

2 homesFHA loansrates from 2.39% vs 7.32% today

Pelican Rapids assumption guide
408 2nd Street, Pelican Rapids, MN, 56572 — assumable FHA mortgage at 2.39%
FHA
Active
75
$262,500$144,689 equity gap
Rate
2.39%
7.32%today
Payment
$626/mo
$1,028today
  • 4beds
  • 3baths
  • 2,683sqft

408 2nd Street, Pelican Rapids

44865 267th Avenue, Pelican Rapids, MN, 56572 — assumable FHA mortgage at 6.81%
FHA
Active
35
$379,900$109,568 equity gap
Rate
6.81%
7.32%today
Payment
$1,826/mo
$1,922today
  • 2beds
  • 2baths
  • 2,200sqft

44865 267th Avenue, Pelican Rapids

Assuming a mortgage in Pelican Rapids

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 7.32%), so you can see the saving before you tour.

Lowest existing rate
2.39%
Lowest existing payment
$626 /mo
Median cash to assume
$127,129
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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