Assumable homes for sale in Bloomington, MN

3 homesFHA loansrates from 2.88% vs 7.28% today

Bloomington assumption guide

7520 Blaisdell Avenue, Richfield, MN, 55423 — assumable FHA mortgage at 2.88%

FHA

Active

$370,000$59,377 down

Rate: 2.88%; ~~7.28%~~today
Payment: $1,447/mo; ~~$2,385~~today

4beds
3baths
2,313sqft

7520 Blaisdell Avenue, Richfield

6938 Stevens Avenue, Richfield, MN, 55423 — assumable FHA mortgage at 3.52%

FHA

Active

$400,000$258,326 down

Rate: 3.52%; ~~7.28%~~today
Payment: $934/mo; ~~$1,420~~today

5beds
2baths
2,142sqft

6938 Stevens Avenue, Richfield

8501 Nicollet Avenue, Bloomington, MN, 55420 — assumable FHA mortgage at 3.87%

FHA

Active

$289,900$143,482 down

Rate: 3.87%; ~~7.28%~~today
Payment: $890/mo; ~~$1,295~~today

3beds
2baths
1,275sqft

8501 Nicollet Avenue, Bloomington

Assuming a mortgage in Bloomington

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 7.28%), so you can see the saving before you tour.

Lowest existing rate: 2.88%
Lowest existing payment: $890 /mo
Median cash to assume: $143,482