Assumable homes for sale in Rice, MN

3 homesVA & FHA loansrates from 2.39% vs 7.28% today

Rice assumption guide

8555 1st Avenue, Rice, MN, 56367 — assumable VA mortgage at 2.39%

Active

$599,900$523,942 down

Rate: 2.39%; ~~7.28%~~today
Payment: $525/mo; ~~$792~~today

4beds
4baths
4,144sqft

8555 1st Avenue, Rice

113 Hawthorn Street, Royalton, MN, 56373 — assumable FHA mortgage at 4.35%

FHA

Active

$269,900$138,165 down

Rate: 4.35%; ~~7.28%~~today
Payment: $763/mo; ~~$1,048~~today

3beds
2baths
1,730sqft

113 Hawthorn Street, Royalton

9805 Sharon Place, Rice, MN, 56367 — assumable VA mortgage at 6.50%

Active

$1,599,000$790,540 down

Rate: 6.50%; ~~7.28%~~today
Payment: $5,215/mo; ~~$5,645~~today

5beds
5baths
8,827sqft

9805 Sharon Place, Rice

Assuming a mortgage in Rice

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: 2.39%
Lowest existing payment: $525 /mo
Median cash to assume: $523,942