FHA
Active
18$172,900$28,599 equity gap
- Rate
- 3.01%
7.40%today- Payment
- $704/mo
$1,155today
- 3beds
- 2baths
- 1,534sqft
Assumable homes for sale in Albert Lea, MN
5 homesFHA & VA loansrates from 2.73% vs 7.40% today
Albert Lea assumption guide
FHA
Active
25$130,000$51,525 equity gap
- Rate
- 2.88%
7.40%today- Payment
- $375/mo
$625today
- 2beds
- 1baths
- 660sqft
711 Saint Thomas Avenue, Albert Lea
FHA
Active
38$274,900$160,273 equity gap
- Rate
- 2.73%
7.40%today- Payment
- $540/mo
$907today
- 4beds
- 2baths
- 2,280sqft
83036 160th Street, Glenville
FHA
Active
21$99,900$59,634 equity gap
- Rate
- 2.88%
7.40%today- Payment
- $276/mo
$402today
- 2beds
- 1baths
- 686sqft
618 Freeborn Avenue, Albert Lea
VA
Active
46$325,000$335,000 equity gap
- Rate
- —%
7.40%today- Payment
- —/mo
- 5beds
- 3baths
- 2,993sqft
610 Park Avenue, Albert Lea
Assuming a mortgage in Albert Lea
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
- 2.73%
- Lowest existing payment
- $375 /mo
- Median cash to assume
- $59,634