2.94% VA
$305,000
$932/mo
2415 12th Avenue
Devils Lake, ND
3 bd2 ba1,322 sqft
Devils Lake, North Dakota
Keep the rate.
Buy the home in Devils Lake.
1 assumable home for sale in Devils Lake, with locked rates from 2.94%. Take over the seller’s existing FHA, VA, or USDA loan instead of financing at today’s 7.2%.
Median assumable rate
2.94%
vs 7.2% market
$629/mo saved
Median locked rate
2.94%
Across 1 assumable listing
Typical monthly savings
$629
On a $305,000 home vs 7.2%
Certified listings
0
Loan terms confirmed with the listing agent
Loan types
VA
Government-backed loans are assumable by law
Verified in Devils Lake
Homes with a rate worth keeping
Inventory snapshot
What’s assumable in Devils Lake right now
Live counts from the MLS feeds we index for North Dakota. Updated September 2026.
- Active listings
- 1
- Certified / verified
- 0
- Lowest rate
- 2.94%
- Median rate
- 2.94%
- Median list price
- $305,000
- Median cash to assume
- $115,796
Listings by locked rate
- Under 4%1 home
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up0 homes
Listings by loan type
- VA1 homemedian 2.94%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homes by Devils Lake ZIP code
Nearby markets
More assumable homes in North Dakota
- Fargo37
- West Fargo16
- Horace11
- Casselton3
- Wahpeton3
- Arthur2
- Lisbon2
- Valley City2
- Fingal1
- Gwinner1
- Hankinson1
- Harvey1
- Hope1
- Jamestown1
- McHenry1
- Abercrombie
- Absaraka
- Adams
- Alice
- Amenia
- Aneta
- Argusville
- Ashley
- Ayr
Run your numbers
The cost of waiting in Devils Lake.
A 7.2% new loan against an assumable one at 2.94%, same balance, 30 years.
You keep every month
$635/mo
Over a year$7,625
Monthly payment, side by side
7.2% vs 2.94%
How an assumption works
Three steps. One lower payment.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written.
- 01
Find a locked rate
Every listing here carries an existing FHA, VA, or USDA loan you can take over. Filter by rate, payment, or down payment.
- 02
Qualify with the servicer
You apply with the current lender, not a new one. Our team handles the paperwork and the timeline.
- 03
Close and keep the rate
The seller’s balance, rate, and remaining term become yours. No points, no rate shopping, no reset to 30 years.
Questions
Assuming a mortgage in Devils Lake
Numbers below come from current Devils Lake inventory and update as listings change.
- How many assumable homes are for sale in Devils Lake?
- As of September 2026, UMe tracks 1 active assumable listing in Devils Lake. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
- What types of assumable loans are available in Devils Lake?
- Current Devils Lake inventory breaks down as VA (1, median 2.94%). 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 Devils Lake right now?
- The lowest rate on an active Devils Lake assumable listing is 2.94%, and the median across all 1 listing is 2.94%. 1 listing is under 4% and 1 is under 5%, compared with roughly 7.2% for a new 30-year loan today.
- How much can I save with a mortgage assumption in Devils Lake?
- Across current Devils Lake listings, the median principal-and-interest payment on the assumable loan is $932 per month versus $1,560 for the same balance at today's rates, a difference of about $629 every month, or $7,543 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 Devils Lake?
- When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Devils Lake that gap is currently a median of $115,796 on a median list price of $305,000. 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 Devils Lake ZIP codes have the most assumable homes?
- The Devils Lake ZIP codes with the most active assumable listings are 58301 (1). 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 Devils Lake?
- 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.
Ready when you are
Stop overpaying for Devils Lake.
Every listing on the map has a rate you can take over. Start with the ones in North Dakota, or list your own low-rate loan and let buyers come to you.
