Assumable homes for sale in Rockford, MN

1 homeFHA loansrates from 3.75% vs 7.32% today

Rockford assumption guide

2010 Balsam Lane, Rockford, MN, 55373 — assumable FHA mortgage at 3.75%

FHA

Active

$470,000$356,823 equity gap

Rate: 3.75%; ~~7.32%~~today
Payment: $803/mo; ~~$1,191~~today

3beds
3baths
3,108sqft

2010 Balsam Lane, Rockford

Assuming a mortgage in Rockford

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: 3.75%
Lowest existing payment: $803 /mo
Median cash to assume: $356,823