VA
Active
32$389,900$33,674 equity gap
- Rate
- 3.89%
7.40%today- Payment
- $1,830/mo
$2,690today
- 3beds
- 2baths
- 1,443sqft
Cross Plains, Tennessee
Assumable homes for salein Cross Plains, Tennessee.
4 homes in Cross Plains carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 3.94%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Cross Plains assumable market
by the numbers.
4active assumable listings
3.94%lowest locked rate
$600kmedian list price
$499saved per month vs. 7.2%
About the market
Assumable mortgagesin Cross Plains, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Tennessee, filtered to Cross Plains. Updated October 2026.
How assumptions work for buyersCross Plains, Tennessee has 4 homes for sale with an assumable mortgage as of October 2026: 4 FHA 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 Cross Plains assumable listings start at 3.94% with a median of 6.17%; 1 listing is under 4% and 1 is under 5%.
The median assumable home in Cross Plains lists for $599,900, with a median of $171,822 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 $2,612 a month versus $3,111 for the same balance at today's rate, roughly $499 kept every month and $5,992 a year. The most active Cross Plains ZIP codes are 37049 (4).
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 Cross Plains assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Cross Plains
View all 4 on the map Homes on the marketin Cross Plains.
FHA
Active
43$172,500$65,729 equity gap
- Rate
- 2.72%
7.40%today- Payment
- $499/mo
$850today
- 3beds
- 1baths
- 1,504sqft
203 Montague St, Franklin
VA
Active
21$318,000$138,614 equity gap
- Rate
- 2.87%
7.40%today- Payment
- $858/mo
$1,433today
- 3beds
- 2baths
- 1,527sqft
141 Thacker Dr, Portland
FHA
Active
34$464,900$315,375 equity gap
- Rate
- 2.98%
7.40%today- Payment
- $727/mo
$1,198today
- 3beds
- 3baths
- 2,097sqft
4046 Summit Dr, Greenbrier
FHA
Active
88$635,000$299,641 equity gap
- Rate
- 2.98%
7.40%today- Payment
- $1,573/mo
$2,590today
- 4beds
- 4baths
- 2,553sqft
132 Newbury Dr, White House
FHA
Active
29$449,900$383,340 equity gap
- Rate
- 3.44%
7.40%today- Payment
- $1,108/mo
$1,434today
- 3beds
- 2baths
- 2,197sqft
4092 Summit Dr, Greenbrier
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 Cross Plains.
Live counts from the MLS feeds we index for Tennessee. Updated October 2026.
- Active listings
- 4
- UMe Certified / verified
- 0
- Lowest rate
- 3.94%
- Median rate
- 6.17%
- Median list price
- $599,900
- Median cash to assume
- $171,822
Cross Plains listings by locked rate
- Under 4%1 home
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up3 homes
Cross Plains listings by loan type
- FHA4 homesmedian 6.17%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Cross Plains ZIP code.
Each ZIP opens the Cross Plains map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Cross Plains numbers
What an assumable ratedoes to a Cross Plains payment.
The sliders start at the median Cross Plains assumable listing: $599,900 list price and a 6.17% 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)$170,000
28% 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 Cross Plains
$2,765/mo
New loan at 7.20%$2,919
Assumed at 6.15%
$2,765
Every month$154
Over five years$9,239
Interest you never pay$188,14726-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 Cross Plains listing on UMe shows the actual balance, rate, and payment.
How it works in Cross Plains
How to assumea mortgage in Cross Plains.
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 Cross Plains home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Cross Plains 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 $171,822 in Cross Plains 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 Cross Plains payment written in a different decade.
Cross Plains questions
Assuming a mortgagein Cross Plains.
The numbers below come from current Cross Plains inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Cross Plains?
As of October 2026, UMe tracks 4 active assumable listings in Cross Plains. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Cross Plains?
Current Cross Plains inventory breaks down as FHA (4, median 6.17%). 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 Cross Plains?
The lowest rate on an active Cross Plains assumable listing is 3.94%, and the median across all 4 listings is 6.17%. 1 listing is under 4% and 1 is under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Cross Plains?
Across current Cross Plains listings, the median principal-and-interest payment on the assumable loan is $2,612 per month versus $3,111 for the same balance at today's rates, a difference of about $499 every month, or $5,992 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 Cross Plains?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Cross Plains that gap is currently a median of $171,822 on a median list price of $599,900. 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 Cross Plains ZIP codes have the most assumable homes?
The Cross Plains ZIP codes with the most active assumable listings are 37049 (4). 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 Cross Plains?
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 Cross Plains.The rate is already on the house.
Every listing on the Cross Plains map has a rate you can take over. Start with the ones in Cross Plains, get pre-qualified in minutes, and let UMe carry the assumption to closing.
