2.50% FHA
$209,900
$799/mo
1188 Edgerton Street
Saint Paul, MN
3 bd2 ba1,371 sqft
Saint Paul, Minnesota
Keep the rate.
Buy the home in Saint Paul.
93 assumable homes for sale in Saint Paul, with locked rates from 2.50%. Take over the seller’s existing FHA, VA, or USDA loan instead of financing at today’s 7.2%.
Median assumable rate
4.53%
vs 7.2% market
$425/mo saved
Median locked rate
4.53%
Across 93 assumable listings
Typical monthly savings
$425
On a $269,900 home vs 7.2%
Certified listings
0
Loan terms confirmed with the listing agent
Loan types
FHA · VA
Government-backed loans are assumable by law
Verified in Saint Paul
Homes with a rate worth keeping
2.84% VA
$235,000
$898/mo
3654 Gershwin Lane
Oakdale, MN
2 bd2 ba1,054 sqft
2.84% VA
$459,000
$1,859/mo
633 Burlington Road
Saint Paul, MN
3 bd3 ba2,811 sqft
2.86% VA
$405,000
$1,603/mo
1233 Maywood Street
Saint Paul, MN
4 bd2 ba2,878 sqft
2.94% FHA
$302,000
$1,356/mo
1472 Concordia Avenue
Saint Paul, MN
3 bd3 ba1,776 sqft
3.07% FHA
$400,000
$1,650/mo
3914 67th Street
Inver Grove Heights, MN
4 bd2 ba2,000 sqft
Inventory snapshot
What’s assumable in Saint Paul right now
Live counts from the MLS feeds we index for Minnesota. Updated September 2026.
- Active listings
- 93
- Certified / verified
- 0
- Lowest rate
- 2.50%
- Median rate
- 4.53%
- Median list price
- $269,900
- Median cash to assume
- $84,080
Listings by locked rate
- Under 4%36 homes
- 4% – 5%16 homes
- 5% – 6%8 homes
- 6% and up32 homes
Listings by loan type
- FHA79 homesmedian 4.56%
- VA14 homesmedian 3.75%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homes by Saint Paul ZIP code
- 55106
28 assumable homes · median 3.73%
median $257,500
- 55119
13 assumable homes · median 4.34%
median $315,000
- 55130
11 assumable homes · median 5.23%
median $220,000
- 55104
10 assumable homes · median 5.53%
median $313,450
- 55117
10 assumable homes · median 3.95%
median $249,850
- 55107
6 assumable homes · median 3.42%
median $312,400
- 55102
4 assumable homes · median 6.73%
median $334,950
- 55103
3 assumable homes · median 4.58%
median $239,900
Nearby markets
More assumable homes in Minnesota
- Minneapolis94
- Rosemount38
- Moorhead29
- Farmington28
- Woodbury26
- Owatonna25
- Rochester23
- Lakeville22
- Shakopee22
- Cottage Grove19
- Oakdale18
- Ramsey16
- Elk River15
- Faribault15
- Mankato15
- Brooklyn Park14
- Big Lake13
- Andover12
- Apple Valley12
- Brainerd12
- Burnsville12
- Ada
- Adams
- Adrian
Run your numbers
The cost of waiting in Saint Paul.
A 7.2% new loan against an assumable one at 4.53%, same balance, 30 years.
You keep every month
$368/mo
Over a year$4,415
Monthly payment, side by side
7.2% vs 4.53%
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 Saint Paul
Numbers below come from current Saint Paul inventory and update as listings change.
- How many assumable homes are for sale in Saint Paul?
- As of September 2026, UMe tracks 93 active assumable listings in Saint Paul. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
- What types of assumable loans are available in Saint Paul?
- Current Saint Paul inventory breaks down as FHA (79, median 4.56%) and VA (14, median 3.75%). 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 Saint Paul right now?
- The lowest rate on an active Saint Paul assumable listing is 2.50%, and the median across all 93 listings is 4.53%. 36 listings are under 4% and 52 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
- How much can I save with a mortgage assumption in Saint Paul?
- Across current Saint Paul listings, the median principal-and-interest payment on the assumable loan is $1,082 per month versus $1,506 for the same balance at today's rates, a difference of about $425 every month, or $5,094 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 Saint Paul?
- When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Saint Paul that gap is currently a median of $84,080 on a median list price of $269,900. 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 Saint Paul ZIP codes have the most assumable homes?
- The Saint Paul ZIP codes with the most active assumable listings are 55106 (28), 55119 (13), 55130 (11), 55104 (10), and 55117 (10). 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 Saint Paul?
- 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 Saint Paul.
Every listing on the map has a rate you can take over. Start with the ones in Minnesota, or list your own low-rate loan and let buyers come to you.
