Assumable homes for sale in Plato, MN

6 homesFHA & VA loansrates from 2.88% vs 7.32% today

Plato assumption guide
24 Main Street, Norwood Young America, MN, 55397 — assumable FHA mortgage at 3.69%
FHA
Active
35
$299,900$57,982 equity gap
Rate
3.69%
7.32%today
Payment
$1,219/mo
$1,821today
  • 4beds
  • 2baths
  • 1,784sqft

24 Main Street, Norwood Young America

1612 Birch Avenue, Glencoe, MN, 55336 — assumable FHA mortgage at 2.88%
FHA
Active
50
$325,000$157,667 equity gap
Rate
2.88%
7.32%today
Payment
$781/mo
$1,293today
  • 4beds
  • 2baths
  • 1,706sqft

1612 Birch Avenue, Glencoe

1708 Louden Avenue, Glencoe, MN, 55336 — assumable FHA mortgage at 2.96%
FHA
Active
61
$335,000$151,386 equity gap
Rate
2.96%
7.32%today
Payment
$889/mo
$1,456today
  • 4beds
  • 3baths
  • 1,892sqft

1708 Louden Avenue, Glencoe

1412 Elm Avenue, Glencoe, MN, 55336 — assumable VA mortgage at 4.07%
VA
Active
33
$275,000$138,596 equity gap
Rate
4.07%
7.32%today
Payment
$760/mo
$1,085today
  • 3beds
  • 2baths
  • 1,112sqft

1412 Elm Avenue, Glencoe

401 Shady Lane, Norwood Young America, MN, 55397 — assumable FHA mortgage at 6.79%
FHA
Active
36
$375,000$63,765 equity gap
Rate
6.79%
7.32%today
Payment
$2,064/mo
$2,177today
  • 3beds
  • 3baths
  • 3,084sqft

401 Shady Lane, Norwood Young America

1515 Chandler Avenue, Glencoe, MN, 55336 — assumable VA mortgage at 6.79%
VA
Active
21
$269,900$116,742 equity gap
Rate
6.79%
7.32%today
Payment
$1,024/mo
$1,080today
  • 4beds
  • 2baths
  • 1,757sqft

1515 Chandler Avenue, Glencoe

Assuming a mortgage in Plato

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
2.88%
Lowest existing payment
$760 /mo
Median cash to assume
$127,669
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.