Assumable homes for sale in Lake Elmo, MN

4 homesVA & FHA loansrates from 2.86% vs 7.32% today

Lake Elmo assumption guide
4570 Neal Avenue, Stillwater, MN, 55082 — assumable VA mortgage at 2.86%
VA
Active
83
$1,875,000$1,365,443 equity gap
Rate
2.86%
7.32%today
Payment
$2,880/mo
$4,487today
  • 6beds
  • 5baths
  • 5,115sqft

4570 Neal Avenue, Stillwater

11779 32nd Street, Lake Elmo, MN, 55042 — assumable FHA mortgage at 2.98%
FHA
Active
35
$660,000$337,875 equity gap
Rate
2.98%
7.32%today
Payment
$1,531/mo
$2,501today
  • 5beds
  • 4baths
  • 3,496sqft

11779 32nd Street, Lake Elmo

2415 Lisbon Avenue, Lake Elmo, MN, 55042 — assumable VA mortgage at 3.26%
VA
Active
63
$659,900$355,722 equity gap
Rate
3.26%
7.32%today
Payment
$1,538/mo
$2,425today
  • 5beds
  • 4baths
  • 3,422sqft

2415 Lisbon Avenue, Lake Elmo

11756 Upper 31st Street, Lake Elmo, MN, 55042 — assumable VA mortgage at 4.98%
VA
Active
45
$565,000$53,018 equity gap
Rate
4.98%
7.32%today
Payment
$2,939/mo
$3,769today
  • 5beds
  • 3baths
  • 3,004sqft

11756 Upper 31st Street, Lake Elmo

Assuming a mortgage in Lake Elmo

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
2.86%
Lowest existing payment
$1,531 /mo
Median cash to assume
$346,799
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.