Assumable homes for sale in Germantown, TN

10 homesFHA & VA loansrates from 2.97% vs 7.18% today

Germantown assumption guide

4465 TIPTON CV, Memphis, TN, 38125 — assumable VA mortgage at 3.14%

Active

$339,900$61,061 equity gap

Rate: 3.14%; ~~7.18%~~today
Payment: $1,334/mo; ~~$2,105~~today

4beds
3baths
2,650sqft

4465 TIPTON CV, Memphis

8449 LANSINGWOOD CV, Germantown, TN, 38139 — assumable VA mortgage at 2.97%

Active

$699,999$442,115 equity gap

Rate: 2.97%; ~~7.18%~~today
Payment: $1,227/mo; ~~$1,979~~today

4beds
6baths
5,011sqft

8449 LANSINGWOOD CV, Germantown

491 ALEXANDER ST, Memphis, TN, 38111 — assumable FHA mortgage at 3.59%

FHA

Active

$225,000$125,298 equity gap

Rate: 3.59%; ~~7.18%~~today
Payment: $615/mo; ~~$918~~today

3beds
2baths
1,796sqft

491 ALEXANDER ST, Memphis

878 CONCORDIA CV, Collierville, TN, 38017 — assumable VA mortgage at 3.68%

Active

$448,000$448,000 equity gap

Rate: 3.68%; ~~7.18%~~today
Payment: $1,223/mo; ~~$1,536~~today

4beds
3baths
2,446sqft

878 CONCORDIA CV, Collierville

311 AVON RD, Memphis, TN, 38117 — assumable FHA mortgage at 6.16%

FHA

Active

$375,000$15,983 equity gap

Rate: 6.16%; ~~7.18%~~today
Payment: $2,209/mo; ~~$2,454~~today

3beds
2baths
1,949sqft

311 AVON RD, Memphis

4506 VERNE RD, Memphis, TN, 38117 — assumable FHA mortgage at 6.25%

FHA

Active

$309,900$14,197 equity gap

Rate: 6.25%; ~~7.18%~~today
Payment: $1,874/mo; ~~$2,062~~today

4beds
2baths
2,055sqft

4506 VERNE RD, Memphis

2096 ALLENBY RD, Memphis, TN, 38139 — assumable VA mortgage at 6.51%

Active

$449,000Potential short sale

Rate: 6.51%; ~~7.18%~~today
Payment: $2,902/mo; ~~$3,107~~today

4beds
3baths
2,596sqft

2096 ALLENBY RD, Memphis

2339 MEVERETT LN, Cordova, TN, 38016 — assumable FHA mortgage at 6.84%

FHA

Active

$475,000$38,582 equity gap

Rate: 6.84%; ~~7.18%~~today
Payment: $2,892/mo; ~~$2,993~~today

5beds
4baths
3,945sqft

2339 MEVERETT LN, Cordova

5680 N ANGELA RD, Memphis, TN, 38120 — assumable FHA mortgage at 5.25%

FHA

Active

$440,000$85,746 equity gap

Rate: 5.25%; ~~7.18%~~today
Payment: $2,093/mo; ~~$2,568~~today

4beds
4baths
3,634sqft

5680 N ANGELA RD, Memphis

823 NOVARASE ST, Memphis, TN, 38122 — assumable FHA mortgage at 6.94%

FHA

Active

$249,500$77,851 equity gap

Rate: 6.94%; ~~7.18%~~today
Payment: $1,166/mo; ~~$1,194~~today

3beds
2baths
2,094sqft

823 NOVARASE ST, Memphis

Assuming a mortgage in Germantown

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: 2.97%
Lowest existing payment: $615/mo
Median cash to assume: $77,851