Assumable homes for sale in Faribault, MN

8 homesFHA & VA loansrates from 2.81% vs 7.40% today

Faribault assumption guide
1518 6th Street, Faribault, MN, 55021 — assumable FHA mortgage at 2.81%
FHA
Active
28
$252,000$33,086 equity gap
Rate
2.81%
7.40%today
Payment
$1,026/mo
$1,727today
  • 4beds
  • 3baths
  • 2,622sqft

1518 6th Street, Faribault

18166 Faribault Boulevard, Faribault, MN, 55021 — assumable FHA mortgage at 3.07%
FHA
Active
34
$350,000$107,707 equity gap
Rate
3.07%
7.40%today
Payment
$1,190/mo
$1,937today
  • 6beds
  • 2baths
  • 2,800sqft

18166 Faribault Boulevard, Faribault

228 5th Avenue, Faribault, MN, 55021 — assumable VA mortgage at 6.75%
VA
Active
34
$290,000Potential short sale
Rate
6.75%
7.40%today
Payment
$1,891/mo
$2,019today
  • 4beds
  • 2baths
  • 2,128sqft

228 5th Avenue, Faribault

103 5th Avenue, Faribault, MN, 55021 — assumable FHA mortgage at 4.34%
FHA
Active
13
$235,000$159,415 equity gap
Rate
4.34%
7.40%today
Payment
$508/mo
$707today
  • 3beds
  • 1baths
  • 1,040sqft

103 5th Avenue, Faribault

210 Willow Street, Faribault, MN, 55021 — assumable FHA mortgage at 6.38%
FHA
Active
24
$140,000$90,873 equity gap
Rate
6.38%
7.40%today
Payment
$558/mo
$619today
  • 2beds
  • 1baths
  • 946sqft

210 Willow Street, Faribault

1427 Central Avenue, Faribault, MN, 55021 — assumable FHA mortgage at 6.38%
FHA
Active
49
$259,900$196,379 equity gap
Rate
6.38%
7.40%today
Payment
$860/mo
$954today
  • 4beds
  • 1baths
  • 1,680sqft

1427 Central Avenue, Faribault

15 14th Street, Faribault, MN, 55021 — assumable FHA mortgage at 6.71%
FHA
Active
34
$219,900$209,471 equity gap
Rate
6.71%
7.40%today
Payment
$71/mo
$76today
  • 3beds
  • 2baths
  • 1,205sqft

15 14th Street, Faribault

8 Aspen Court, Faribault, MN, 55021 — assumable FHA mortgage at 7.31%
FHA
Active
29
$240,000Potential short sale
Rate
7.31%
7.40%today
Payment
$1,786/mo
$1,802today
  • 3beds
  • 2baths
  • 1,603sqft

8 Aspen Court, Faribault

Assuming a mortgage in Faribault

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
2.81%
Lowest existing payment
$508 /mo
Median cash to assume
$107,707
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.