Assumable homes for sale in Newport Beach, CA

2 homesFHA & VA loansrates from 3.85% vs 7.40% today

Newport Beach assumption guide

17 Colonial Drive, Newport Beach, CA, 92660 — assumable FHA mortgage at 3.85%

FHA

Active

$5,495,000$3,199,625 equity gap

Rate: 3.85%; ~~7.40%~~today
Payment: $11,720/mo; ~~$17,310~~today

5beds
4baths
3,510sqft

17 Colonial Drive, Newport Beach

503 Harbor Woods Place, Newport Beach, CA, 92660 — assumable VA mortgage at 4.06%

Active

$919,800$413,490 equity gap

Rate: 4.06%; ~~7.40%~~today
Payment: $2,831/mo; ~~$4,077~~today

2beds
1baths
900sqft

503 Harbor Woods Place, Newport Beach

Assuming a mortgage in Newport Beach

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: 3.85%
Lowest existing payment: $2,831 /mo
Median cash to assume: $1,806,558