FHA
Active
17$59,900$32,084 equity gap
- Rate
- 5.99%
7.40%today- Payment
- $362/mo
$419today
- 3beds
- 2baths
- 1,685sqft
Assumable homes for sale in Memphis, TN
1 homeFHA loansrates from 5.99% vs 7.40% today
Memphis assumption guideAssuming 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
- 5.99%
- Lowest existing payment
- $362 /mo
- Median cash to assume
- $32,084