Assumable homes for sale in Kenneth, MN

1 homeFHA loansrates from 6.65% vs 7.32% today

Kenneth assumption guide
1018 Elm Street, Luverne, MN, 56156 — assumable FHA mortgage at 6.65%
FHA
Active
22
$210,000$34,045 equity gap
Rate
6.65%
7.32%today
Payment
$1,146/mo
$1,227today
  • 2beds
  • 1baths
  • 1,204sqft

1018 Elm Street, Luverne

Assuming a mortgage in Kenneth

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
6.65%
Lowest existing payment
$1,146 /mo
Median cash to assume
$34,045
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.