Assumable homes for sale in Grand Rapids, MN

10 homesFHA & VA loansrates from 2.94% vs 7.40% today

Grand Rapids assumption guide
207 Hartley Street, Coleraine, MN, 55722 — assumable FHA mortgage at 3.04%
FHA
Active
47
$195,000$55,849 equity gap
Rate
3.04%
7.40%today
Payment
$666/mo
$1,088today
  • 5beds
  • 3baths
  • 1,798sqft

207 Hartley Street, Coleraine

103 Hacar Place, Grand Rapids, MN, 55744 — assumable VA mortgage at 2.94%
VA
Active
36
$209,900$68,885 equity gap
Rate
2.94%
7.40%today
Payment
$680/mo
$1,125today
  • 3beds
  • 2baths
  • 966sqft

103 Hacar Place, Grand Rapids

26411 Old Bridge Road, Grand Rapids, MN, 55744 — assumable VA mortgage at 3.06%
VA
Active
60
$919,900$527,579 equity gap
Rate
3.06%
7.40%today
Payment
$1,881/mo
$3,066today
  • 4beds
  • 3baths
  • 2,824sqft

26411 Old Bridge Road, Grand Rapids

908 1st Avenue, Grand Rapids, MN, 55744 — assumable FHA mortgage at 3.50%
FHA
Active
33
$360,000$277,647 equity gap
Rate
3.50%
7.40%today
Payment
$536/mo
$827today
  • 4beds
  • 2baths
  • 2,052sqft

908 1st Avenue, Grand Rapids

112 Bay Road, Coleraine, MN, 55722 — assumable VA mortgage at 3.73%
VA
Active
47
$499,000$298,343 equity gap
Rate
3.73%
7.40%today
Payment
$1,201/mo
$1,800today
  • 4beds
  • 4baths
  • 2,816sqft

112 Bay Road, Coleraine

118 3rd Avenue, Grand Rapids, MN, 55744 — assumable FHA mortgage at 3.90%
FHA
Active
13
$199,900$95,457 equity gap
Rate
3.90%
7.40%today
Payment
$602/mo
$883today
  • 4beds
  • 2baths
  • 1,188sqft

118 3rd Avenue, Grand Rapids

523 6th Avenue, Grand Rapids, MN, 55744 — assumable FHA mortgage at 5.22%
FHA
Active
18
$186,900$32,765 equity gap
Rate
5.22%
7.40%today
Payment
$902/mo
$1,135today
  • 3beds
  • 1baths
  • 1,007sqft

523 6th Avenue, Grand Rapids

312 Lawson Avenue, Bovey, MN, 55709 — assumable FHA mortgage at 6.96%
FHA
Active
61
$265,000$37,863 equity gap
Rate
6.96%
7.40%today
Payment
$1,529/mo
$1,598today
  • 3beds
  • 2baths
  • 1,911sqft

312 Lawson Avenue, Bovey

21982 Grouse Lane, Grand Rapids, MN, 55744 — assumable FHA mortgage at 7.07%
FHA
Active
28
$217,900$65,564 equity gap
Rate
7.07%
7.40%today
Payment
$1,053/mo
$1,088today
  • 3beds
  • 2baths
  • 1,014sqft

21982 Grouse Lane, Grand Rapids

306 7th Avenue, Bovey, MN, 55709 — assumable FHA mortgage at 6.86%
FHA
Active
11
$138,500$135,134 equity gap
Rate
6.86%
7.40%today
Payment
$23/mo
$24today
  • 2beds
  • 2baths
  • 1,200sqft

306 7th Avenue, Bovey

Assuming a mortgage in Grand 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 7.40%), so you can see the saving before you tour.

Lowest existing rate
2.94%
Lowest existing payment
$536 /mo
Median cash to assume
$82,171
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.