VA
Active
73$699,900$268,056 equity gap
- Rate
- 3.13%
7.40%today- Payment
- $2,091/mo
$3,378today
- 4beds
- 3baths
- 2,875sqft
Alexandria, Tennessee
Assumable homes for salein Alexandria, Tennessee.
3 homes in Alexandria carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 6.36%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Alexandria assumable market
by the numbers.
3active assumable listings
6.36%lowest locked rate
$310kmedian list price
$225saved per month vs. 7.2%
About the market
Assumable mortgagesin Alexandria, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Tennessee, filtered to Alexandria. Updated October 2026.
How assumptions work for buyersAlexandria, Tennessee has 3 homes for sale with an assumable mortgage as of October 2026: 2 FHA loans and 1 VA loan that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Alexandria assumable listings start at 6.36% with a median of 6.74%; 0 listings are under 4% and 0 are under 5%.
The median assumable home in Alexandria lists for $310,000, with a median of $43,388 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $1,804 a month versus $2,029 for the same balance at today's rate, roughly $225 kept every month and $2,701 a year. The most active Alexandria ZIP codes are 37012 (3).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Alexandria assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Alexandria
View all 3 on the map Homes on the marketin Alexandria.
FHA
Active
21$399,000$309,311 equity gap
- Rate
- 2.70%
7.40%today- Payment
- $411/mo
$702today
- 3beds
- 2baths
- 1,188sqft
3249 Pea Ridge Rd, Liberty
VA
Active
92$1,299,000$603,474 equity gap
- Rate
- 2.76%
7.40%today- Payment
- $3,197/mo
$5,416today
- 3beds
- 4baths
- 4,550sqft
2063 Kennedy Creek Rd, Auburntown
VA
Active
98$1,999,000$1,303,474 equity gap
- Rate
- 2.76%
7.40%today- Payment
- $3,197/mo
$5,416today
- 3beds
- 4baths
- 4,550sqft
2063 Kennedy Creek Rd, Auburntown
FHA
Active
53$315,000$145,489 equity gap
- Rate
- 3.05%
7.40%today- Payment
- $833/mo
$1,343today
- 3beds
- 2baths
- 1,200sqft
225 Woodbury Hwy, Liberty
VA
Active
48$449,000$136,006 equity gap
- Rate
- 3.89%
7.40%today- Payment
- $1,611/mo
$2,368today
- 1beds
- 1baths
- 1,430sqft
2351 Linwood Rd, Watertown
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin Alexandria.
Live counts from the MLS feeds we index for Tennessee. Updated October 2026.
- Active listings
- 3
- UMe Certified / verified
- 0
- Lowest rate
- 6.36%
- Median rate
- 6.74%
- Median list price
- $310,000
- Median cash to assume
- $43,388
Alexandria listings by locked rate
- Under 4%0 homes
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up3 homes
Alexandria listings by loan type
- FHA2 homesmedian 6.55%
- VA1 homemedian 7.23%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Alexandria ZIP code.
Each ZIP opens the Alexandria map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Alexandria numbers
What an assumable ratedoes to an Alexandria payment.
The sliders start at the median Alexandria assumable listing: $310,000 list price and a 6.74% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$45,000
15% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Alexandria
$1,804/mo
New loan at 7.20%$1,799
Assumed at 6.75%
$1,804
Every month$0
Over five years$0
Interest you never pay$84,68326-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Alexandria listing on UMe shows the actual balance, rate, and payment.
How it works in Alexandria
How to assumea mortgage in Alexandria.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find an Alexandria home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Alexandria map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $43,388 in Alexandria today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and an Alexandria payment written in a different decade.
Alexandria questions
Assuming a mortgagein Alexandria.
The numbers below come from current Alexandria inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Alexandria?
As of October 2026, UMe tracks 3 active assumable listings in Alexandria. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Alexandria?
Current Alexandria inventory breaks down as FHA (2, median 6.55%) and VA (1, median 7.23%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Alexandria?
The lowest rate on an active Alexandria assumable listing is 6.36%, and the median across all 3 listings is 6.74%. 0 listings are under 4% and 0 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Alexandria?
Across current Alexandria listings, the median principal-and-interest payment on the assumable loan is $1,804 per month versus $2,029 for the same balance at today's rates, a difference of about $225 every month, or $2,701 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Alexandria?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Alexandria that gap is currently a median of $43,388 on a median list price of $310,000. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Alexandria ZIP codes have the most assumable homes?
The Alexandria ZIP codes with the most active assumable listings are 37012 (3). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Alexandria?
Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Nearby markets
All of Tennessee More assumable homesin Tennessee.
Ready when you are
Stop overpaying for Alexandria.The rate is already on the house.
Every listing on the Alexandria map has a rate you can take over. Start with the ones in Alexandria, get pre-qualified in minutes, and let UMe carry the assumption to closing.
