Assumable homes for sale in West Memphis, AR

1 homeFHA loansrates from 3.07% vs 7.40% today

West Memphis assumption guide

1378 GOODBAR AVE, Memphis, TN, 38104 — assumable FHA mortgage at 3.07%

FHA

Active

$400,000$375,761 equity gap

Rate: 3.07%; ~~7.40%~~today
Payment: $113/mo; ~~$184~~today

4beds
3baths
2,813sqft

1378 GOODBAR AVE, Memphis

Assuming a mortgage in West 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: 3.07%
Median cash to assume: $375,761