VA
Active
65$375,000$147,584 equity gap
- Rate
- 2.97%
7.32%today- Payment
- $1,153/mo
$1,842today
- 5beds
- 3baths
- 2,296sqft
Kasson, Minnesota
Assumable homes for salein Kasson, Minnesota.
2 homes in Kasson carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.97%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Kasson assumable market
by the numbers.
2active assumable listings
2.97%lowest locked rate
$322kmedian list price
$457saved per month vs. 7.2%
About the market
Assumable mortgagesin Kasson, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Minnesota, filtered to Kasson. Updated October 2026.
How assumptions work for buyersKasson, Minnesota has 2 homes for sale with an assumable mortgage as of October 2026: 1 FHA loan 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 Kasson assumable listings start at 2.97% with a median of 3.38%; 2 listings are under 4% and 2 are under 5%.
The median assumable home in Kasson lists for $322,450, with a median of $182,684 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 $765 a month versus $1,222 for the same balance at today's rate, roughly $457 kept every month and $5,483 a year. The most active Kasson ZIP codes are 55944 (2).
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 Kasson assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Kasson
View all 2 on the map Homes on the marketin Kasson.
VA
Active
39$449,900$113,381 equity gap
- Rate
- 3.76%
7.32%today- Payment
- $1,705/mo
$2,526today
- 3beds
- 3baths
- 2,840sqft
692 Shardlow Place, Byron
VA
Active
45$485,000$244,818 equity gap
- Rate
- 2.88%
7.32%today- Payment
- $1,145/mo
$1,895today
- 4beds
- 3baths
- 2,390sqft
1008 4th Avenue, Byron
FHA
Active
57$269,900$208,043 equity gap
- Rate
- 3.80%
7.32%today- Payment
- $377/mo
$556today
- 3beds
- 2baths
- 1,244sqft
102 5th Street, Kasson
VA
Active
28$349,000Potential short sale
- Rate
- 6.76%
7.32%today- Payment
- $2,370/mo
$2,507today
- 4beds
- 2baths
- 1,804sqft
600 4th Street, Byron
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 Kasson.
Live counts from the MLS feeds we index for Minnesota. Updated October 2026.
- Active listings
- 2
- UMe Certified / verified
- 0
- Lowest rate
- 2.97%
- Median rate
- 3.38%
- Median list price
- $322,450
- Median cash to assume
- $182,684
Kasson listings by locked rate
- Under 4%2 homes
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up0 homes
Kasson listings by loan type
- FHA1 homemedian 3.80%
- VA1 homemedian 2.97%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Kasson ZIP code.
Each ZIP opens the Kasson map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Kasson numbers
What an assumable ratedoes to a Kasson payment.
The sliders start at the median Kasson assumable listing: $322,450 list price and a 3.38% 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)$180,000
56% 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 Kasson
$676/mo
New loan at 7.20%$950
Assumed at 3.40%
$676
Every month$274
Over five years$16,429
Interest you never pay$131,04326-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 Kasson listing on UMe shows the actual balance, rate, and payment.
How it works in Kasson
How to assumea mortgage in Kasson.
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 Kasson home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Kasson 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 $182,684 in Kasson 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 Kasson payment written in a different decade.
Kasson questions
Assuming a mortgagein Kasson.
The numbers below come from current Kasson inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Kasson?
As of October 2026, UMe tracks 2 active assumable listings in Kasson. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Kasson?
Current Kasson inventory breaks down as FHA (1, median 3.80%) and VA (1, median 2.97%). 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 Kasson?
The lowest rate on an active Kasson assumable listing is 2.97%, and the median across all 2 listings is 3.38%. 2 listings are under 4% and 2 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 Kasson?
Across current Kasson listings, the median principal-and-interest payment on the assumable loan is $765 per month versus $1,222 for the same balance at today's rates, a difference of about $457 every month, or $5,483 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 Kasson?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Kasson that gap is currently a median of $182,684 on a median list price of $322,450. 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 Kasson ZIP codes have the most assumable homes?
The Kasson ZIP codes with the most active assumable listings are 55944 (2). 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 Kasson?
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 Kasson.The rate is already on the house.
Every listing on the Kasson map has a rate you can take over. Start with the ones in Kasson, get pre-qualified in minutes, and let UMe carry the assumption to closing.