VA
Active
39$560,000$340,868 equity gap
- Rate
- 2.70%
7.40%today- Payment
- $1,025/mo
$1,749today
- 5beds
- 2baths
- 2,300sqft
Cumberland City, Tennessee
Assumable homes for salein Cumberland City, Tennessee.
5 homes in Cumberland City carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 5.81%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Cumberland City assumable market
by the numbers.
5active assumable listings
5.81%lowest locked rate
$402kmedian list price
$364saved per month vs. 7.2%
About the market
Assumable mortgagesin Cumberland City, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Tennessee, filtered to Cumberland City. Updated October 2026.
How assumptions work for buyersCumberland City, Tennessee has 5 homes for sale with an assumable mortgage as of October 2026: 4 VA loans and 1 FHA loan that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Cumberland City assumable listings start at 5.81% with a median of 6.35%; 0 listings are under 4% and 0 are under 5%.
The median assumable home in Cumberland City lists for $402,450, with a median of $60,076 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $2,050 a month versus $2,414 for the same balance at today's rate, roughly $364 kept every month and $4,362 a year. The most active Cumberland City ZIP codes are 37050 (5).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Cumberland City assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Cumberland City
View all 5 on the map Homes on the marketin Cumberland City.
VA
Active
38$330,000$162,242 equity gap
- Rate
- 2.84%
7.40%today- Payment
- $778/mo
$1,304today
- 3beds
- 2baths
- 1,500sqft
171 High Point Rd, Erin
VA
Active
66$399,900$213,761 equity gap
- Rate
- 3.01%
7.40%today- Payment
- $878/mo
$1,440today
- 4beds
- 3baths
- 1,793sqft
2665 Mockingbird Hill Rd, Palmyra
VA
Active
17$420,000$17,610 equity gap
- Rate
- 5.09%
7.40%today- Payment
- $2,332/mo
$2,977today
- 3beds
- 3baths
- 2,165sqft
110 Jerry Smith Rd, Indian Mound
VA
Active
20$335,000$120,908 equity gap
- Rate
- 3.68%
7.40%today- Payment
- $1,111/mo
$1,675today
- 3beds
- 3baths
- 1,985sqft
2923 Heatherfield Dr, Woodlawn
FHA
Active
40$410,000$317,731 equity gap
- Rate
- 3.98%
7.40%today- Payment
- $671/mo
$975today
- 5beds
- 3baths
- 3,258sqft
1649 N Main St, Tennessee Ridge
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin Cumberland City.
Live counts from the MLS feeds we index for Tennessee. Updated October 2026.
- Active listings
- 5
- UMe Certified / verified
- 0
- Lowest rate
- 5.81%
- Median rate
- 6.35%
- Median list price
- $402,450
- Median cash to assume
- $60,076
Cumberland City listings by locked rate
- Under 4%0 homes
- 4% – 5%0 homes
- 5% – 6%2 homes
- 6% and up3 homes
Cumberland City listings by loan type
- VA4 homesmedian 6.49%
- FHA1 homemedian 5.89%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Cumberland City ZIP code.
Each ZIP opens the Cumberland City map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Cumberland City numbers
What an assumable ratedoes to a Cumberland City payment.
The sliders start at the median Cumberland City assumable listing: $402,450 list price and a 6.35% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$60,000
15% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Cumberland City
$2,229/mo
New loan at 7.20%$2,308
Assumed at 6.35%
$2,229
Every month$79
Over five years$4,756
Interest you never pay$135,51126-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Cumberland City listing on UMe shows the actual balance, rate, and payment.
How it works in Cumberland City
How to assumea mortgage in Cumberland City.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find a Cumberland City home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Cumberland City map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $60,076 in Cumberland City today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a Cumberland City payment written in a different decade.
Cumberland City questions
Assuming a mortgagein Cumberland City.
The numbers below come from current Cumberland City inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Cumberland City?
As of October 2026, UMe tracks 5 active assumable listings in Cumberland City. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Cumberland City?
Current Cumberland City inventory breaks down as VA (4, median 6.49%) and FHA (1, median 5.89%). 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 Cumberland City?
The lowest rate on an active Cumberland City assumable listing is 5.81%, and the median across all 5 listings is 6.35%. 0 listings are under 4% and 0 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 Cumberland City?
Across current Cumberland City listings, the median principal-and-interest payment on the assumable loan is $2,050 per month versus $2,414 for the same balance at today's rates, a difference of about $364 every month, or $4,362 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 Cumberland City?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Cumberland City that gap is currently a median of $60,076 on a median list price of $402,450. 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 Cumberland City ZIP codes have the most assumable homes?
The Cumberland City ZIP codes with the most active assumable listings are 37050 (5). 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 Cumberland City?
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.
Nearby markets
All of Tennessee More assumable homesin Tennessee.
Ready when you are
Stop overpaying for Cumberland City.The rate is already on the house.
Every listing on the Cumberland City map has a rate you can take over. Start with the ones in Cumberland City, get pre-qualified in minutes, and let UMe carry the assumption to closing.