VA
Active
33$235,000$21,343 equity gap
- Rate
- 2.98%
7.32%today- Payment
- $1,011/mo
$1,651today
- 4beds
- 2baths
- 1,354sqft
Belle Plaine, Minnesota
Assumable homes for salein Belle Plaine, Minnesota.
6 homes in Belle Plaine carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.98%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Belle Plaine assumable market
by the numbers.
6active assumable listings
2.98%lowest locked rate
$345kmedian list price
$579saved per month vs. 7.2%
About the market
Assumable mortgagesin Belle Plaine, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Minnesota, filtered to Belle Plaine. Updated October 2026.
How assumptions work for buyersBelle Plaine, Minnesota has 6 homes for sale with an assumable mortgage as of October 2026: 5 FHA loans and 1 VA loan that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Belle Plaine assumable listings start at 2.98% with a median of 4.05%; 3 listings are under 4% and 4 are under 5%.
The median assumable home in Belle Plaine lists for $344,900, with a median of $117,947 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $1,274 a month versus $1,853 for the same balance at today's rate, roughly $579 kept every month and $6,944 a year. The most active Belle Plaine ZIP codes are 56011 (6).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Belle Plaine assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Belle Plaine
View all 6 on the map Homes on the marketin Belle Plaine.
FHA
Active
30$415,000$75,231 equity gap
- Rate
- 3.55%
7.32%today- Payment
- $1,686/mo
$2,563today
- 5beds
- 3baths
- 2,500sqft
936 Ivy Hills Road, Belle Plaine
FHA
Active
22$315,000$94,942 equity gap
- Rate
- 3.64%
7.32%today- Payment
- $1,162/mo
$1,747today
- 4beds
- 2baths
- 2,419sqft
135 Obrien Parkway, Belle Plaine
FHA
Active
50$579,900$254,181 equity gap
- Rate
- 2.71%
7.32%today- Payment
- $1,517/mo
$2,566today
- 3beds
- 2baths
- 1,924sqft
16680 County Road 40, Carver
FHA
Active
39$524,372$524,372 equity gap
- Rate
- 3.50%
7.32%today- Payment
- $0/mo
- 2beds
- 2baths
- 1,899sqft
1281 Edge Way, Jordan
FHA
Active
37$369,000$132,457 equity gap
- Rate
- 4.46%
7.32%today- Payment
- $1,386/mo
$1,889today
- 4beds
- 2baths
- 1,608sqft
1180 Farmers Lane, Belle Plaine
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin Belle Plaine.
Live counts from the MLS feeds we index for Minnesota. Updated October 2026.
- Active listings
- 6
- UMe Certified / verified
- 0
- Lowest rate
- 2.98%
- Median rate
- 4.05%
- Median list price
- $344,900
- Median cash to assume
- $117,947
Belle Plaine listings by locked rate
- Under 4%3 homes
- 4% – 5%1 home
- 5% – 6%1 home
- 6% and up1 home
Belle Plaine listings by loan type
- FHA5 homesmedian 4.46%
- VA1 homemedian 2.98%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Belle Plaine ZIP code.
Each ZIP opens the Belle Plaine map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Belle Plaine numbers
What an assumable ratedoes to a Belle Plaine payment.
The sliders start at the median Belle Plaine assumable listing: $344,900 list price and a 4.05% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$120,000
35% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Belle Plaine
$1,167/mo
New loan at 7.20%$1,527
Assumed at 4.05%
$1,167
Every month$360
Over five years$21,593
Interest you never pay$185,59426-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Belle Plaine listing on UMe shows the actual balance, rate, and payment.
How it works in Belle Plaine
How to assumea mortgage in Belle Plaine.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find a Belle Plaine home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Belle Plaine map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $117,947 in Belle Plaine today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a Belle Plaine payment written in a different decade.
Belle Plaine questions
Assuming a mortgagein Belle Plaine.
The numbers below come from current Belle Plaine inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Belle Plaine?
As of October 2026, UMe tracks 6 active assumable listings in Belle Plaine. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Belle Plaine?
Current Belle Plaine inventory breaks down as FHA (5, median 4.46%) and VA (1, median 2.98%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Belle Plaine?
The lowest rate on an active Belle Plaine assumable listing is 2.98%, and the median across all 6 listings is 4.05%. 3 listings are under 4% and 4 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Belle Plaine?
Across current Belle Plaine listings, the median principal-and-interest payment on the assumable loan is $1,274 per month versus $1,853 for the same balance at today's rates, a difference of about $579 every month, or $6,944 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Belle Plaine?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Belle Plaine that gap is currently a median of $117,947 on a median list price of $344,900. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Belle Plaine ZIP codes have the most assumable homes?
The Belle Plaine ZIP codes with the most active assumable listings are 56011 (6). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Belle Plaine?
Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Nearby markets
All of Minnesota More assumable homesin Minnesota.
Ready when you are
Stop overpaying for Belle Plaine.The rate is already on the house.
Every listing on the Belle Plaine map has a rate you can take over. Start with the ones in Belle Plaine, get pre-qualified in minutes, and let UMe carry the assumption to closing.