VA
Active
59$315,000$40,925 equity gap
- Rate
- 3.11%
7.40%today- Payment
- $1,298/mo
$2,103today
- 2beds
- 2baths
- 1,540sqft
Big Rock, Tennessee
Assumable homes for salein Big Rock, Tennessee.
2 homes in Big Rock carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.81%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Big Rock assumable market
by the numbers.
2active assumable listings
2.81%lowest locked rate
$700kmedian list price
$632saved per month vs. 7.2%
About the market
Assumable mortgagesin Big Rock, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Tennessee, filtered to Big Rock. Updated October 2026.
How assumptions work for buyersBig Rock, Tennessee has 2 homes for sale with an assumable mortgage as of October 2026: 2 VA loans 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 Big Rock assumable listings start at 2.81% with a median of 2.86%; 2 listings are under 4% and 2 are under 5%.
The median assumable home in Big Rock lists for $699,950, with a median of $507,749 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 $966 a month versus $1,599 for the same balance at today's rate, roughly $632 kept every month and $7,587 a year. The most active Big Rock ZIP codes are 37023 (2).
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 Big Rock assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Big Rock
View all 2 on the map Homes on the marketin Big Rock.
VA
Active
58$585,000$241,538 equity gap
- Rate
- 2.78%
7.40%today- Payment
- $1,586/mo
$2,680today
- 3beds
- 3baths
- 2,512sqft
457 Lakeland Dr, Dover
VA
Active
29$425,000$276,505 equity gap
- Rate
- 2.81%
7.40%today- Payment
- $800/mo
$1,279today
- 3beds
- 2baths
- 2,640sqft
2448 Highway 120, Big Rock
VA
Active
88$974,900$738,542 equity gap
- Rate
- 2.91%
7.40%today- Payment
- $1,133/mo
$1,883today
- 4beds
- 4baths
- 3,152sqft
160 Turkey Ridge Rd, Big Rock
FHA
Active
26$185,000$92,742 equity gap
- Rate
- 2.96%
7.40%today- Payment
- $437/mo
$721today
- 2beds
- 2baths
- 1,073sqft
123 Morgan Loop, Bumpus Mills
VA
Active
38$399,900$161,920 equity gap
- Rate
- 3.03%
7.40%today- Payment
- $1,164/mo
$1,904today
- 3beds
- 4baths
- 3,060sqft
127 Lena Sykes Rd, Dover
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 Big Rock.
Live counts from the MLS feeds we index for Tennessee. Updated October 2026.
- Active listings
- 2
- UMe Certified / verified
- 0
- Lowest rate
- 2.81%
- Median rate
- 2.86%
- Median list price
- $699,950
- Median cash to assume
- $507,749
Big Rock listings by locked rate
- Under 4%2 homes
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up0 homes
Big Rock listings by loan type
- VA2 homesmedian 2.86%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Big Rock ZIP code.
Each ZIP opens the Big Rock map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Big Rock numbers
What an assumable ratedoes to a Big Rock payment.
The sliders start at the median Big Rock assumable listing: $699,950 list price and a 2.86% 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)$510,000
73% 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 Big Rock
$863/mo
New loan at 7.20%$1,290
Assumed at 2.85%
$863
Every month$427
Over five years$25,608
Interest you never pay$195,06526-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 Big Rock listing on UMe shows the actual balance, rate, and payment.
How it works in Big Rock
How to assumea mortgage in Big Rock.
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 a Big Rock home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Big Rock 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 $507,749 in Big Rock 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 a Big Rock payment written in a different decade.
Big Rock questions
Assuming a mortgagein Big Rock.
The numbers below come from current Big Rock inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Big Rock?
As of October 2026, UMe tracks 2 active assumable listings in Big Rock. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Big Rock?
Current Big Rock inventory breaks down as VA (2, median 2.86%). 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 Big Rock?
The lowest rate on an active Big Rock assumable listing is 2.81%, and the median across all 2 listings is 2.86%. 2 listings are under 4% and 2 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 Big Rock?
Across current Big Rock listings, the median principal-and-interest payment on the assumable loan is $966 per month versus $1,599 for the same balance at today's rates, a difference of about $632 every month, or $7,587 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 Big Rock?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Big Rock that gap is currently a median of $507,749 on a median list price of $699,950. 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 Big Rock ZIP codes have the most assumable homes?
The Big Rock ZIP codes with the most active assumable listings are 37023 (2). 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 Big Rock?
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 Big Rock.The rate is already on the house.
Every listing on the Big Rock map has a rate you can take over. Start with the ones in Big Rock, get pre-qualified in minutes, and let UMe carry the assumption to closing.
