Assumable homes for sale in Frazee, MN

9 homesFHA & VA loansrates from 2.96% vs 7.32% today

Frazee assumption guide
16297 360th Avenue, Frazee, MN, 56544 — assumable FHA mortgage at 2.96%
FHA
Active
43
$319,900$63,146 equity gap
Rate
2.96%
7.32%today
Payment
$1,215/mo
$1,990today
  • 4beds
  • 2baths
  • 2,908sqft

16297 360th Avenue, Frazee

1130 Phinney Avenue, Detroit Lakes, MN, 56501 — assumable FHA mortgage at 3.42%
FHA
Active
74
$479,000$269,736 equity gap
Rate
3.42%
7.32%today
Payment
$1,205/mo
$1,862today
  • 5beds
  • 3baths
  • 3,529sqft

1130 Phinney Avenue, Detroit Lakes

220 Hill Street, Vergas, MN, 56587 — assumable FHA mortgage at 4.17%
FHA
Active
27
$329,000$102,109 equity gap
Rate
4.17%
7.32%today
Payment
$1,201/mo
$1,693today
  • 4beds
  • 2baths
  • 1,892sqft

220 Hill Street, Vergas

105 Park View Drive, Vergas, MN, 56587 — assumable VA mortgage at 3.88%
VA
Active
40
$374,900$194,798 equity gap
Rate
3.88%
7.32%today
Payment
$1,041/mo
$1,519today
  • 5beds
  • 3baths
  • 3,208sqft

105 Park View Drive, Vergas

1815 Bridgeview Boulevard, Detroit Lakes, MN, 56501 — assumable VA mortgage at 6.18%
VA
Active
39
$419,900$42,674 equity gap
Rate
6.18%
7.32%today
Payment
$2,380/mo
$2,662today
  • 2beds
  • 2baths
  • 1,705sqft

1815 Bridgeview Boulevard, Detroit Lakes

508 Main Avenue, Frazee, MN, 56544 — assumable VA mortgage at 6.19%
VA
Active
27
$275,000$28,295 equity gap
Rate
6.19%
7.32%today
Payment
$1,523/mo
$1,710today
  • 3beds
  • 2baths
  • 1,283sqft

508 Main Avenue, Frazee

14868 Ridge Drive, Detroit Lakes, MN, 56501 — assumable FHA mortgage at 6.35%
FHA
Active
37
$369,000$43,203 equity gap
Rate
6.35%
7.32%today
Payment
$2,047/mo
$2,260today
  • 4beds
  • 2baths
  • 2,048sqft

14868 Ridge Drive, Detroit Lakes

331 Willow Street, Detroit Lakes, MN, 56501 — assumable VA mortgage at 6.92%
VA
Active
43
$359,900$55,056 equity gap
Rate
6.92%
7.32%today
Payment
$2,056/mo
$2,140today
  • 3beds
  • 3baths
  • 3,212sqft

331 Willow Street, Detroit Lakes

30909 Eagle Lake Road, Frazee, MN, 56544 — assumable FHA mortgage at 6.35%
FHA
Active
33
$335,000$89,383 equity gap
Rate
6.35%
7.32%today
Payment
$1,564/mo
$1,726today
  • 1beds
  • 2baths
  • 1,512sqft

30909 Eagle Lake Road, Frazee

Assuming a mortgage in Frazee

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
2.96%
Lowest existing payment
$1,041 /mo
Median cash to assume
$63,146
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.