VA
Active
88$900,000$670,263 down
- Rate
- 4.15%
7.28%today- Payment
- $1,507/mo
$2,121today
- 4beds
- 3baths
- 2,712sqft
Rush City, Minnesota
Assumable homes for salein Rush City, Minnesota.
1 home in Rush City carries an existing FHA, VA, or USDA loan you can take over, with locked rates from 4.62%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Rush City assumable market
by the numbers.
1active assumable listing
4.62%lowest locked rate
$400kmedian list price
$285saved per month vs. 7.2%
About the market
Assumable mortgagesin Rush City, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Minnesota, filtered to Rush City. Updated October 2026.
How assumptions work for buyersRush City, Minnesota has 1 home for sale with an assumable mortgage as of October 2026: 1 FHA loan that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Rush City assumable listings start at 4.62% with a median of 4.62%; 0 listings are under 4% and 1 is under 5%.
The median assumable home in Rush City lists for $399,900, with a median of $289,399 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $783 a month versus $1,067 for the same balance at today's rate, roughly $285 kept every month and $3,414 a year. The most active Rush City ZIP codes are 55069 (1).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Rush City assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Rush City
View all 1 on the map Homes on the marketin Rush City.
FHA
Active
62$365,000Potential short sale
- Rate
- 6.77%
7.28%today- Payment
- $2,616/mo
$2,754today
- 5beds
- 3baths
- 2,329sqft
5323 397th Street, North Branch
VA
Active
43$316,000$21,853 down
- Rate
- 6.46%
7.28%today- Payment
- $1,888/mo
$2,052today
- 4beds
- 2baths
- 1,894sqft
510 Maplewood Lane, Pine City
FHA
Active
64$399,900$289,399 down
- Rate
- 4.62%
7.28%today- Payment
- $783/mo
$1,043today
- 5beds
- 3baths
- 3,053sqft
50505 River Road, Rush City
FHA
Active
60$335,000$270,075 down
- Rate
- 6.30%
7.28%today- Payment
- $371/mo
$417today
- 4beds
- 2baths
- 1,992sqft
435 8th Avenue, Pine City
FHA
Active
29$295,000$284,572 down
- Rate
- 6.65%
7.28%today- Payment
- $70/mo
$74today
- 3beds
- 2baths
- 1,300sqft
825 Highview Loop, Pine City
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin Rush City.
Live counts from the MLS feeds we index for Minnesota. Updated October 2026.
- Active listings
- 1
- UMe Certified / verified
- 0
- Lowest rate
- 4.62%
- Median rate
- 4.62%
- Median list price
- $399,900
- Median cash to assume
- $289,399
Rush City listings by locked rate
- Under 4%0 homes
- 4% – 5%1 home
- 5% – 6%0 homes
- 6% and up0 homes
Rush City listings by loan type
- FHA1 homemedian 4.62%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Rush City ZIP code.
Each ZIP opens the Rush City map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Rush City numbers
What an assumable ratedoes to a Rush City payment.
The sliders start at the median Rush City assumable listing: $399,900 list price and a 4.62% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$290,000
73% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Rush City
$605/mo
New loan at 7.20%$747
Assumed at 4.60%
$605
Every month$142
Over five years$8,497
Interest you never pay$80,02326-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Rush City listing on UMe shows the actual balance, rate, and payment.
How it works in Rush City
How to assumea mortgage in Rush City.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find a Rush City home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Rush City map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $289,399 in Rush City today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a Rush City payment written in a different decade.
Rush City questions
Assuming a mortgagein Rush City.
The numbers below come from current Rush City inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Rush City?
As of October 2026, UMe tracks 1 active assumable listing in Rush City. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Rush City?
Current Rush City inventory breaks down as FHA (1, median 4.62%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Rush City?
The lowest rate on an active Rush City assumable listing is 4.62%, and the median across all 1 listing is 4.62%. 0 listings are under 4% and 1 is under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Rush City?
Across current Rush City listings, the median principal-and-interest payment on the assumable loan is $783 per month versus $1,067 for the same balance at today's rates, a difference of about $285 every month, or $3,414 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Rush City?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Rush City that gap is currently a median of $289,399 on a median list price of $399,900. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Rush City ZIP codes have the most assumable homes?
The Rush City ZIP codes with the most active assumable listings are 55069 (1). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Rush City?
Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Nearby markets
All of Minnesota More assumable homesin Minnesota.
Ready when you are
Stop overpaying for Rush City.The rate is already on the house.
Every listing on the Rush City map has a rate you can take over. Start with the ones in Rush City, get pre-qualified in minutes, and let UMe carry the assumption to closing.
