FHA
Active
30$274,900$272,107 equity gap
- Rate
- 2.99%
7.40%today- Payment
- $13/mo
$22today
- 2beds
- 2baths
- 1,560sqft
Cosby, Tennessee
Assumable homes for salein Cosby, Tennessee.
5 homes in Cosby carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 3.50%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Cosby assumable market
by the numbers.
5active assumable listings
3.50%lowest locked rate
$325kmedian list price
$166saved per month vs. 7.2%
About the market
Assumable mortgagesin Cosby, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Tennessee, filtered to Cosby. Updated October 2026.
How assumptions work for buyersCosby, Tennessee has 5 homes for sale with an assumable mortgage as of October 2026: 3 FHA loans and 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 Cosby assumable listings start at 3.50% with a median of 5.66%; 1 listing is under 4% and 2 are under 5%.
The median assumable home in Cosby lists for $325,000, with a median of $138,111 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 $782 a month versus $948 for the same balance at today's rate, roughly $166 kept every month and $1,993 a year. The most active Cosby ZIP codes are 37722 (5).
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 Cosby assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Cosby
View all 5 on the map Homes on the marketin Cosby.
FHA
Active
46$325,000$211,466 equity gap
- Rate
- 3.50%
7.40%today- Payment
- $588/mo
$907today
- 2beds
- 2baths
- 1,334sqft
1149 Tranquility Hills Way, Cosby
FHA
Active
27$249,900$89,397 equity gap
- Rate
- 4.00%
7.40%today- Payment
- $834/mo
$1,210today
- 4beds
- 2baths
- 1,200sqft
1614 Dogwood St, Sevierville
FHA
Active
31$259,000$174,291 equity gap
- Rate
- 3.89%
7.40%today- Payment
- $494/mo
$726today
- 3beds
- 2baths
- 1,766sqft
752 Warford, Newport
FHA
Active
25$234,900$137,900 equity gap
- Rate
- 4.30%
7.40%today- Payment
- $559/mo
$782today
- 2beds
- 2baths
- 1,040sqft
1150 Tranquility Hills Way, Cosby
VA
Active
54$384,000$77,061 equity gap
- Rate
- 6.63%
7.40%today- Payment
- $2,024/mo
$2,188today
- 3beds
- 2baths
- 1,640sqft
4748 Bogard Road, Cosby
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 Cosby.
Live counts from the MLS feeds we index for Tennessee. Updated October 2026.
- Active listings
- 5
- UMe Certified / verified
- 0
- Lowest rate
- 3.50%
- Median rate
- 5.66%
- Median list price
- $325,000
- Median cash to assume
- $138,111
Cosby listings by locked rate
- Under 4%1 home
- 4% – 5%1 home
- 5% – 6%1 home
- 6% and up2 homes
Cosby listings by loan type
- FHA3 homesmedian 4.30%
- VA2 homesmedian 6.67%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Cosby ZIP code.
Each ZIP opens the Cosby map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Cosby numbers
What an assumable ratedoes to a Cosby payment.
The sliders start at the median Cosby assumable listing: $325,000 list price and a 5.66% 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)$140,000
43% 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 Cosby
$1,133/mo
New loan at 7.20%$1,256
Assumed at 5.65%
$1,133
Every month$123
Over five years$7,388
Interest you never pay$98,69526-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 Cosby listing on UMe shows the actual balance, rate, and payment.
How it works in Cosby
How to assumea mortgage in Cosby.
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 Cosby home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Cosby 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 $138,111 in Cosby 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 Cosby payment written in a different decade.
Cosby questions
Assuming a mortgagein Cosby.
The numbers below come from current Cosby inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Cosby?
As of October 2026, UMe tracks 5 active assumable listings in Cosby. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Cosby?
Current Cosby inventory breaks down as FHA (3, median 4.30%) and VA (2, median 6.67%). 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 Cosby?
The lowest rate on an active Cosby assumable listing is 3.50%, and the median across all 5 listings is 5.66%. 1 listing is 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 Cosby?
Across current Cosby listings, the median principal-and-interest payment on the assumable loan is $782 per month versus $948 for the same balance at today's rates, a difference of about $166 every month, or $1,993 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 Cosby?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Cosby that gap is currently a median of $138,111 on a median list price of $325,000. 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 Cosby ZIP codes have the most assumable homes?
The Cosby ZIP codes with the most active assumable listings are 37722 (5). 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 Cosby?
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 Cosby.The rate is already on the house.
Every listing on the Cosby map has a rate you can take over. Start with the ones in Cosby, get pre-qualified in minutes, and let UMe carry the assumption to closing.
