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Assumable homes for sale in Morristown, MN

5 homesFHA & VA loansrates from 2.79% vs 7.32% today

Morristown assumption guide
1518 6th Street, Faribault, MN, 55021 — assumable FHA mortgage at 2.81%
FHA
Active
28
$252,000$33,086 equity gap
Rate
2.81%
7.32%today
Payment
$1,026/mo
$1,713today
  • 4beds
  • 3baths
  • 2,622sqft

1518 6th Street, Faribault

10523 230th Street, Morristown, MN, 55052 — assumable VA mortgage at 2.79%
VA
Active
81
$650,000$287,531 equity gap
Rate
2.79%
7.32%today
Payment
$1,703/mo
$2,851today
  • 4beds
  • 3baths
  • 3,009sqft

10523 230th Street, Morristown

328 Main Street, Waterville, MN, 56096 — assumable FHA mortgage at 3.75%
FHA
Active
28
$319,000$212,035 equity gap
Rate
3.75%
7.32%today
Payment
$750/mo
$1,113today
  • 5beds
  • 4baths
  • 3,249sqft

328 Main Street, Waterville

404 Main Street, Morristown, MN, 55052 — assumable FHA mortgage at 6.47%
FHA
Active
55
$339,900$56,771 equity gap
Rate
6.47%
7.32%today
Payment
$1,824/mo
$1,989today
  • 4beds
  • 2baths
  • 2,053sqft

404 Main Street, Morristown

8 Aspen Court, Faribault, MN, 55021 — assumable FHA mortgage at 7.31%
FHA
Active
29
$240,000Potential short sale
Rate
7.31%
7.32%today
Payment
$1,786/mo
$1,787today
  • 3beds
  • 2baths
  • 1,603sqft

8 Aspen Court, Faribault

Assuming a mortgage in Morristown

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
2.79%
Lowest existing payment
$750 /mo
Median cash to assume
$134,403
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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