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Assumable homes for sale in Erhard, MN

2 homesFHA & VA loansrates from 2.39% vs 7.32% today

Erhard assumption guide
408 2nd Street, Pelican Rapids, MN, 56572 — assumable FHA mortgage at 2.39%
FHA
Active
75
$262,500$144,689 equity gap
Rate
2.39%
7.32%today
Payment
$626/mo
$1,028today
  • 4beds
  • 3baths
  • 2,683sqft

408 2nd Street, Pelican Rapids

33232 260th Avenue, Erhard, MN, 56534 — assumable VA mortgage at 3.02%
VA
Active
38
$1Potential short sale
Rate
3.02%
7.32%today
Payment
$1,205/mo
$1,959today
  • 3beds
  • 3baths
  • 3,960sqft

33232 260th Avenue, Erhard

Assuming a mortgage in Erhard

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 7.32%), so you can see the saving before you tour.

Lowest existing rate
2.39%
Lowest existing payment
$626 /mo
Median cash to assume
$144,689
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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