Assumable homes for sale in Mankato, MN

10 homesFHA & VA loansrates from 2.88% vs 7.18% today

Mankato assumption guide
531 Range Street, Mankato, MN, 56003 — assumable FHA mortgage at 2.88%
FHA
Active
42
$215,000$62,916 equity gap
Rate
2.88%
7.18%today
Payment
$713/mo
$1,164today
  • 4beds
  • 2baths
  • 1,619sqft

531 Range Street, Mankato

1617 4th Street, Mankato, MN, 56001 — assumable FHA mortgage at 3.07%
FHA
Active
40
$214,900$48,166 equity gap
Rate
3.07%
7.18%today
Payment
$792/mo
$1,260today
  • 3beds
  • 2baths
  • 1,398sqft

1617 4th Street, Mankato

611 James Ave, Mankato, MN, 56001 — assumable FHA mortgage at 3.26%
FHA
Active
41
$250,000$82,426 equity gap
Rate
3.26%
7.18%today
Payment
$834/mo
$1,296today
  • 5beds
  • 2baths
  • 1,912sqft

611 James Ave, Mankato

802 Center Street, North Mankato, MN, 56003 — assumable FHA mortgage at 3.25%
FHA
Active
66
$229,900$168,464 equity gap
Rate
3.25%
7.18%today
Payment
$406/mo
$632today
  • 4beds
  • 2baths
  • 1,460sqft

802 Center Street, North Mankato

816 5th Street, Mankato, MN, 56001 — assumable FHA mortgage at 3.75%
FHA
Active
38
$284,500$209,660 equity gap
Rate
3.75%
7.18%today
Payment
$523/mo
$765today
  • 4beds
  • 2baths
  • 2,212sqft

816 5th Street, Mankato

1604 2nd Street, Mankato, MN, 56001 — assumable FHA mortgage at 5.22%
FHA
Active
30
$239,800$46,362 equity gap
Rate
5.22%
7.18%today
Payment
$1,134/mo
$1,396today
  • 2beds
  • 2baths
  • 1,222sqft

1604 2nd Street, Mankato

128 Rose Street, Mankato, MN, 56001 — assumable VA mortgage at 4.33%
VA
Active
31
$214,900$73,724 equity gap
Rate
4.33%
7.18%today
Payment
$840/mo
$1,146today
  • 3beds
  • 2baths
  • 1,901sqft

128 Rose Street, Mankato

805 Baker Avenue, Mankato, MN, 56001 — assumable VA mortgage at 6.50%
VA
Active
42
$304,900$43,176 equity gap
Rate
6.50%
7.18%today
Payment
$1,692/mo
$1,813today
  • 3beds
  • 2baths
  • 1,652sqft

805 Baker Avenue, Mankato

229 Pleasant Street, Mankato, MN, 56001 — assumable FHA mortgage at 6.67%
FHA
Active
61
$244,900$27,958 equity gap
Rate
6.67%
7.18%today
Payment
$1,415/mo
$1,490today
  • 3beds
  • 2baths
  • 1,702sqft

229 Pleasant Street, Mankato

116 Ridgely Road, Mankato, MN, 56001 — assumable FHA mortgage at 6.89%
FHA
Active
52
$349,900$332,847 equity gap
Rate
6.89%
7.18%today
Payment
$123/mo
$127today
  • 4beds
  • 3baths
  • 2,762sqft

116 Ridgely Road, Mankato

Assuming a mortgage in Mankato

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 7.18%), so you can see the saving before you tour.

Lowest existing rate
2.88%
Lowest existing payment
$406/mo
Median cash to assume
$68,320
Equal Housing Opportunity

UMe is committed to and abides by the Fair Housing Act and Equal Opportunity. Listing data is refreshed daily from participating MLS feeds; existing loan terms are estimates until verified with the servicer.