FHA
Active
45$396,000$29,116 equity gap
- Rate
- 6.91%
7.18%today- Payment
- $2,460/mo
$2,528today
- 3beds
- 2baths
- 1,802sqft
Assumable homes for sale in Summertown, TN
3 homesFHA loansrates from 6.77% vs 7.18% today
Summertown assumption guide
FHA
Active
70$294,900$31,149 equity gap
- Rate
- 6.88%
7.18%today- Payment
- $1,781/mo
$1,835today
- 3beds
- 2baths
- 1,545sqft
242 Highway 20, Summertown
FHA
Active
43$439,999$184,535 equity gap
- Rate
- 6.77%
7.18%today- Payment
- $1,680/mo
$1,751today
- 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 7.18%), so you can see the saving before you tour.
- Lowest existing rate
- 6.77%
- Lowest existing payment
- $1,680/mo
- Median cash to assume
- $31,149