Assumable homes for sale in Franklin, TN

3 homesFHA & VA loansrates from 2.71% vs 7.18% today

Franklin assumption guide

2066 Orangery Dr, Franklin, TN, 37064 — assumable FHA mortgage at 2.71%

FHA

Active

$599,900$239,960 equity gap

Rate: 2.71%; ~~7.18%~~today
Payment: $1,685/mo; ~~$2,810~~today

3beds
3baths
2,091sqft

2066 Orangery Dr, Franklin

632 Patriot Ln, Franklin, TN, 37067 — assumable FHA mortgage at 3.65%

FHA

Active

$899,000$439,268 equity gap

Rate: 3.65%; ~~7.18%~~today
Payment: $2,425/mo; ~~$3,591~~today

4beds
3baths
2,815sqft

632 Patriot Ln, Franklin

4250 Pate Rd, Franklin, TN, 37064 — assumable VA mortgage at 5.98%

Active

$899,000$494,635 equity gap

Rate: 5.98%; ~~7.18%~~today
Payment: $2,429/mo; ~~$2,750~~today

2beds
3baths
2,596sqft

4250 Pate Rd, Franklin

Assuming a mortgage in Franklin

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 7.18%), so you can see the saving before you tour.

Lowest existing rate: 2.71%
Lowest existing payment: $1,685/mo
Median cash to assume: $439,268