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Assumable homes for sale in Otsego, MN

4 homesFHA & VA loansrates from 2.99% vs 7.40% today

Otsego assumption guide
16544 62nd Street, Otsego, MN, 55374 — assumable VA mortgage at 2.99%
VA
Active
48
$749,000$298,590 equity gap
Rate
2.99%
7.40%today
Payment
$2,134/mo
$3,508today
  • 7beds
  • 5baths
  • 4,850sqft

16544 62nd Street, Otsego

8098 Padgett Avenue, Otsego, MN, 55330 — assumable FHA mortgage at 5.27%
FHA
Active
47
$420,000$10,293 equity gap
Rate
5.27%
7.40%today
Payment
$2,418/mo
$3,025today
  • 4beds
  • 4baths
  • 2,775sqft

8098 Padgett Avenue, Otsego

16106 71st Street, Elk River, MN, 55330 — assumable FHA mortgage at 6.78%
FHA
Active
19
$189,900Potential short sale
Rate
6.78%
7.40%today
Payment
$1,351/mo
$1,438today
  • 2beds
  • 2baths
  • 1,086sqft

16106 71st Street, Elk River

7924 Palmgren Avenue, Otsego, MN, 55330 — assumable FHA mortgage at 4.37%
FHA
Active
28
$430,000$285,896 equity gap
Rate
4.37%
7.40%today
Payment
$999/mo
$1,386today
  • 4beds
  • 4baths
  • 2,352sqft

7924 Palmgren Avenue, Otsego

Assuming a mortgage in Otsego

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
2.99%
Lowest existing payment
$999 /mo
Median cash to assume
$285,896
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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