FHA
Active
39$300,000$80,441 down
- Rate
- 3.28%
7.28%today- Payment
- $1,102/mo
$1,727today
- 3beds
- 2baths
- 1,788sqft
Stillwater, Minnesota
Assumable homes for salein Stillwater, Minnesota.
6 homes in Stillwater carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.65%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Stillwater assumable market
by the numbers.
6active assumable listings
2.65%lowest locked rate
$372kmedian list price
$679saved per month vs. 7.2%
About the market
Assumable mortgagesin Stillwater, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Minnesota, filtered to Stillwater. Updated October 2026.
How assumptions work for buyersStillwater, Minnesota has 6 homes for sale with an assumable mortgage as of October 2026: 5 FHA loans and 1 VA 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 Stillwater assumable listings start at 2.65% with a median of 3.55%; 5 listings are under 4% and 5 are under 5%.
The median assumable home in Stillwater lists for $372,450, with a median of $230,061 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 $1,302 a month versus $1,981 for the same balance at today's rate, roughly $679 kept every month and $8,149 a year. The most active Stillwater ZIP codes are 55082 (6).
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 Stillwater assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Stillwater
View all 6 on the map Homes on the marketin Stillwater.
VA
Active
78$650,000$206,035 down
- Rate
- 2.94%
7.28%today- Payment
- $2,135/mo
$3,492today
- 4beds
- 3baths
- 3,502sqft
3563 Rae Lane, Woodbury
FHA
Active
33$360,000$108,632 down
- Rate
- 3.02%
7.28%today- Payment
- $1,192/mo
$1,929today
- 3beds
- 3baths
- 1,763sqft
9933 5th St Lane, Lake Elmo
VA
Active
30$265,000$62,108 down
- Rate
- 3.60%
7.28%today- Payment
- $1,082/mo
$1,628today
- 3beds
- 2baths
- 1,847sqft
3580 Hazel Trail #D, Woodbury
VA
Active
32$589,000$347,388 down
- Rate
- 2.65%
7.28%today- Payment
- $1,373/mo
$2,151today
- 5beds
- 4baths
- 3,985sqft
9224 Cornell Road, Woodbury
FHA
Active
38$409,900$389,775 down
- Rate
- 2.65%
7.28%today- Payment
- $96/mo
$161today
- 4beds
- 3baths
- 2,636sqft
14789 57th Street, Stillwater
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 Stillwater.
Live counts from the MLS feeds we index for Minnesota. Updated October 2026.
- Active listings
- 6
- UMe Certified / verified
- 0
- Lowest rate
- 2.65%
- Median rate
- 3.55%
- Median list price
- $372,450
- Median cash to assume
- $230,061
Stillwater listings by locked rate
- Under 4%5 homes
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up1 home
Stillwater listings by loan type
- FHA5 homesmedian 3.68%
- VA1 homemedian 2.86%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Stillwater ZIP code.
Each ZIP opens the Stillwater map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Stillwater numbers
What an assumable ratedoes to a Stillwater payment.
The sliders start at the median Stillwater assumable listing: $372,450 list price and a 3.55% 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)$230,000
62% 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 Stillwater
$688/mo
New loan at 7.20%$950
Assumed at 3.55%
$688
Every month$262
Over five years$15,748
Interest you never pay$127,50526-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 Stillwater listing on UMe shows the actual balance, rate, and payment.
How it works in Stillwater
How to assumea mortgage in Stillwater.
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 Stillwater home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Stillwater 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 $230,061 in Stillwater 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 Stillwater payment written in a different decade.
Stillwater questions
Assuming a mortgagein Stillwater.
The numbers below come from current Stillwater inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Stillwater?
As of October 2026, UMe tracks 6 active assumable listings in Stillwater. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Stillwater?
Current Stillwater inventory breaks down as FHA (5, median 3.68%) and VA (1, median 2.86%). 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 Stillwater?
The lowest rate on an active Stillwater assumable listing is 2.65%, and the median across all 6 listings is 3.55%. 5 listings are under 4% and 5 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Stillwater?
Across current Stillwater listings, the median principal-and-interest payment on the assumable loan is $1,302 per month versus $1,981 for the same balance at today's rates, a difference of about $679 every month, or $8,149 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 Stillwater?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Stillwater that gap is currently a median of $230,061 on a median list price of $372,450. 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 Stillwater ZIP codes have the most assumable homes?
The Stillwater ZIP codes with the most active assumable listings are 55082 (6). 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 Stillwater?
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 Stillwater.The rate is already on the house.
Every listing on the Stillwater map has a rate you can take over. Start with the ones in Stillwater, get pre-qualified in minutes, and let UMe carry the assumption to closing.
