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Assumable homes for sale in Pequot Lakes, MN

1 homeFHA loansrates from 6.78% vs 7.40% today

Pequot Lakes assumption guide
7156 Wallins South Shore Drive, Pequot Lakes, MN, 56472 — assumable FHA mortgage at 6.78%
FHA
Active
50
$550,000$149,356 equity gap
Rate
6.78%
7.40%today
Payment
$2,655/mo
$2,825today
  • 4beds
  • 3baths
  • 2,780sqft

7156 Wallins South Shore Drive, Pequot Lakes

Assuming a mortgage in Pequot Lakes

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
6.78%
Lowest existing payment
$2,655 /mo
Median cash to assume
$149,356
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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