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Assumable homes for sale in Summertown, TN

10 homesFHA & VA loansrates from 2.84% vs 7.40% today

Summertown assumption guide
450 N Point Dr, Summertown, TN, 38483 — assumable FHA mortgage at 2.84%
FHA
Active
40
$299,900$48,519 equity gap
Rate
2.84%
7.40%today
Payment
$1,166/mo
$1,955today
  • 3beds
  • 2baths
  • 1,572sqft

450 N Point Dr, Summertown

9372 Elk Ridge Rd, Mount Pleasant, TN, 38474 — assumable FHA mortgage at 2.87%
FHA
Active
23
$330,000$90,509 equity gap
Rate
2.87%
7.40%today
Payment
$1,120/mo
$1,870today
  • 3beds
  • 2baths
  • 1,512sqft

9372 Elk Ridge Rd, Mount Pleasant

174 Mavis Dr, Ethridge, TN, 38456 — assumable FHA mortgage at 3.59%
FHA
Active
58
$250,000$175,083 equity gap
Rate
3.59%
7.40%today
Payment
$512/mo
$780today
  • 3beds
  • 2baths
  • 1,700sqft

174 Mavis Dr, Ethridge

1650 Ricketts Mill Rd, Mount Pleasant, TN, 38474 — assumable VA mortgage at 3.80%
VA
Active
45
$1,299,000$1,018,758 equity gap
Rate
3.80%
7.40%today
Payment
$1,765/mo
$2,623today
  • 4beds
  • 4baths
  • 4,269sqft

1650 Ricketts Mill Rd, Mount Pleasant

187 N Old Military Rd, Summertown, TN, 38483 — assumable FHA mortgage at 3.82%
FHA
Active
36
$729,900$522,934 equity gap
Rate
3.82%
7.40%today
Payment
$1,192/mo
$1,768today
  • 3beds
  • 3baths
  • 4,474sqft

187 N Old Military Rd, Summertown

708 Gray St, Mount Pleasant, TN, 38474 — assumable FHA mortgage at 6.50%
FHA
Active
36
$175,000Potential short sale
Rate
6.50%
7.40%today
Payment
$1,133/mo
$1,241today
  • 2beds
  • 1baths
  • 995sqft

708 Gray St, Mount Pleasant

2310 Rhea Branch Rd, Ethridge, TN, 38456 — assumable VA mortgage at 6.30%
VA
Active
32
$275,000$27,141 equity gap
Rate
6.30%
7.40%today
Payment
$1,549/mo
$1,733today
  • 3beds
  • 1baths
  • 2,000sqft

2310 Rhea Branch Rd, Ethridge

242 Highway 20, Summertown, TN, 38483 — assumable FHA mortgage at 6.88%
FHA
Active
70
$299,000$34,982 equity gap
Rate
6.88%
7.40%today
Payment
$1,781/mo
$1,876today
  • 3beds
  • 2baths
  • 1,545sqft

242 Highway 20, Summertown

2071 Preacher Holt Rd, Mount Pleasant, TN, 38474 — assumable VA mortgage at 7.18%
VA
Active
31
$525,000$102,384 equity gap
Rate
7.18%
7.40%today
Payment
$2,954/mo
$3,019today
  • 3beds
  • 2baths
  • 1,927sqft

2071 Preacher Holt Rd, Mount Pleasant

1508 Turnpike Rd, Summertown, TN, 38483 — assumable FHA mortgage at 6.77%
FHA
Active
43
$439,999$184,535 equity gap
Rate
6.77%
7.40%today
Payment
$1,680/mo
$1,789today
  • 3beds
  • 2baths
  • 1,692sqft

1508 Turnpike Rd, Summertown

Assuming a mortgage in Summertown

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
2.84%
Lowest existing payment
$512 /mo
Median cash to assume
$102,384
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Beaston Group 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.

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