FHA
Active
13$588,000$380,957 equity gap
- Rate
- 2.98%
7.40%today- Payment
- $971/mo
$1,599today
- 6beds
- 4baths
- 3,410sqft
Assumable homes for sale in Memphis, TN
8 homesFHA & VA loansrates from 2.98% vs 7.40% today
Memphis assumption guide
FHA
Active
40$400,000$375,761 equity gap
- Rate
- 3.07%
7.40%today- Payment
- $113/mo
$184today
- 4beds
- 3baths
- 2,813sqft
1378 GOODBAR AVE, Memphis
FHA
Active
27$235,000$134,982 equity gap
- Rate
- 3.59%
7.40%today- Payment
- $615/mo
$938today
- 3beds
- 2baths
- 1,796sqft
491 ALEXANDER ST, Memphis
FHA
Active
28$375,000$15,618 equity gap
- Rate
- 6.16%
7.40%today- Payment
- $2,209/mo
$2,508today
- 3beds
- 2baths
- 1,949sqft
311 AVON RD, Memphis
FHA
Active
40$309,900$14,197 equity gap
- Rate
- 6.25%
7.40%today- Payment
- $1,874/mo
$2,108today
- 4beds
- 2baths
- 2,055sqft
4506 VERNE RD, Memphis
FHA
Active
26$223,500$56,151 equity gap
- Rate
- 6.92%
7.40%today- Payment
- $1,155/mo
$1,212today
- 3beds
- 1baths
- 1,337sqft
193 N HOLLYWOOD ST, Memphis
FHA
Active
17$59,900$32,084 equity gap
- Rate
- 5.99%
7.40%today- Payment
- $362/mo
$419today
- 3beds
- 2baths
- 1,685sqft
4797 MYRLEN DR, Memphis
VA
Active
18$100,000$71,517 equity gap
- Rate
- 6.79%
7.40%today- Payment
- $494/mo
$525today
- 3beds
- 2baths
- 1,639sqft
3044 Egypt Central Rd, Memphis
Assuming a mortgage in Memphis
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 7.40%), so you can see the saving before you tour.
- Lowest existing rate
- 2.98%
- Lowest existing payment
- $362 /mo
- Median cash to assume
- $63,834