Assumable homes for sale in Frontenac, MN

6 homesFHA loansrates from 3.45% vs 7.32% today

Frontenac assumption guide
2211 Bush Street, Red Wing, MN, 55066 — assumable FHA mortgage at 3.45%
FHA
Active
56
$303,000$53,022 equity gap
Rate
3.45%
7.32%today
Payment
$1,229/mo
$1,892today
  • 3beds
  • 2baths
  • 2,019sqft

2211 Bush Street, Red Wing

808 Garden Street, Lake City, MN, 55041 — assumable FHA mortgage at 5.30%
FHA
Active
36
$253,000$13,902 equity gap
Rate
5.30%
7.32%today
Payment
$1,418/mo
$1,754today
  • 3beds
  • 3baths
  • 1,214sqft

808 Garden Street, Lake City

809 Prairie Street, Lake City, MN, 55041 — assumable FHA mortgage at 6.95%
FHA
Active
42
$419,000$14,242 equity gap
Rate
6.95%
7.32%today
Payment
$2,719/mo
$2,822today
  • 4beds
  • 3baths
  • 2,128sqft

809 Prairie Street, Lake City

591 7th Street, Red Wing, MN, 55066 — assumable FHA mortgage at 6.34%
FHA
Active
35
$250,000$26,818 equity gap
Rate
6.34%
7.32%today
Payment
$1,440/mo
$1,592today
  • 4beds
  • 2baths
  • 2,062sqft

591 7th Street, Red Wing

702 6th Street, Lake City, MN, 55041 — assumable FHA mortgage at 6.13%
FHA
Active
44
$279,900$199,229 equity gap
Rate
6.13%
7.32%today
Payment
$808/mo
$913today
  • 3beds
  • 2baths
  • 1,648sqft

702 6th Street, Lake City

29038 Wildwood Lane, Red Wing, MN, 55066 — assumable FHA mortgage at 6.91%
FHA
Active
55
$275,000$267,254 equity gap
Rate
6.91%
7.32%today
Payment
$53/mo
$55today
  • 5beds
  • 2baths
  • 1,422sqft

29038 Wildwood Lane, Red Wing

Assuming a mortgage in Frontenac

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
3.45%
Lowest existing payment
$808 /mo
Median cash to assume
$39,920
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.