Assumable homes for sale in Minnetonka, MN

3 homesFHA loansrates from 3.03% vs 7.28% today

Minnetonka assumption guide

10211 Cedar Lake Road #204, Minnetonka, MN, 55305 — assumable FHA mortgage at 3.31%

FHA

Active

$169,900$50,766 down

Rate: 3.31%; ~~7.28%~~today
Payment: $603/mo; ~~$941~~today

2beds
2baths
1,180sqft

10211 Cedar Lake Road #204, Minnetonka

13240 Dahlgren Road, Minnetonka, MN, 55305 — assumable FHA mortgage at 3.03%

FHA

Active

$549,900$245,979 down

Rate: 3.03%; ~~7.28%~~today
Payment: $1,479/mo; ~~$2,392~~today

4beds
3baths
2,001sqft

13240 Dahlgren Road, Minnetonka

301 8th Avenue, Hopkins, MN, 55343 — assumable FHA mortgage at 3.37%

FHA

Active

$399,900$245,893 down

Rate: 3.37%; ~~7.28%~~today
Payment: $1,023/mo; ~~$1,584~~today

2beds
2baths
1,632sqft

301 8th Avenue, Hopkins

Assuming a mortgage in Minnetonka

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: 3.03%
Lowest existing payment: $603 /mo
Median cash to assume: $245,893