Jeff Klemmer

Jeff Klemmer

Assumable homes for sale in Herman, MN

1 homeFHA loansrates from 6.43% vs 7.32% today

Herman assumption guide
308 Lois Avenue, Herman, MN, 56248 — assumable FHA mortgage at 6.43%
FHA
Active
16
$155,000$42,052 equity gap
Rate
6.43%
7.32%today
Payment
$736/mo
$806today
  • 3beds
  • 1baths
  • 1,272sqft

308 Lois Avenue, Herman

Assuming a mortgage in Herman

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 7.32%), so you can see the saving before you tour.

Lowest existing rate
6.43%
Lowest existing payment
$736 /mo
Median cash to assume
$42,052
Jeff Klemmer

Jeff Klemmer

Realtor License: #40195899

Exit Realty

assumptions@exitspringside.com+16516007997Exit Realty logo
Equal Housing Opportunity

Exit Realty 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.