VA
Active
29$269,900$48,743 equity gap
- Rate
- 3.125%
7.40%today- Payment
- $1,073/mo
$1,734today
- 3beds
- 3baths
- 1,405sqft
Gallatin, Tennessee
Assumable homes for salein Gallatin, Tennessee.
56 homes in Gallatin carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.67%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Gallatin assumable market
by the numbers.
56active assumable listings
2.67%lowest locked rate
$412kmedian list price
$389saved per month vs. 7.2%
About the market
Assumable mortgagesin Gallatin, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Tennessee, filtered to Gallatin. Updated October 2026.
How assumptions work for buyersGallatin, Tennessee has 56 homes for sale with an assumable mortgage as of October 2026: 42 FHA loans and 14 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 Gallatin assumable listings start at 2.67% with a median of 6.21%; 18 listings are under 4% and 19 are under 5%.
The median assumable home in Gallatin lists for $412,400, with a median of $69,276 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 $2,000 a month versus $2,390 for the same balance at today's rate, roughly $389 kept every month and $4,670 a year. The most active Gallatin ZIP codes are 37066 (56).
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 Gallatin assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Gallatin
View all 56 on the map Homes on the marketin Gallatin.
FHA
Active
32$289,900$77,011 equity gap
- Rate
- 2.87%
7.40%today- Payment
- $993/mo
$1,658today
- 3beds
- 2baths
- 1,441sqft
128 W Jackson St, Gallatin
FHA
Active
30$419,000$109,223 equity gap
- Rate
- 2.87%
7.40%today- Payment
- $1,445/mo
$2,413today
- 4beds
- 3baths
- 1,991sqft
622 Oakwood Ter, Mount Juliet
FHA
Active
33$299,900$82,569 equity gap
- Rate
- 3.06%
7.40%today- Payment
- $1,042/mo
$1,698today
- 3beds
- 3baths
- 1,438sqft
214 Mansfield Dr, Gallatin
FHA
Active
38$374,900$64,176 equity gap
- Rate
- 3.69%
7.40%today- Payment
- $1,568/mo
$2,362today
- 2beds
- 2baths
- 1,712sqft
825 Browns Ln #1602, Gallatin
FHA
Active
$430,000$139,188 equity gap
- Rate
- 2.67%
7.40%today- Payment
- $1,349/mo
$2,311today
- 4beds
- 4baths
- 2,688sqft
552 Hollerman Ln, Gallatin
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 Gallatin.
Live counts from the MLS feeds we index for Tennessee. Updated October 2026.
- Active listings
- 56
- UMe Certified / verified
- 0
- Lowest rate
- 2.67%
- Median rate
- 6.21%
- Median list price
- $412,400
- Median cash to assume
- $69,276
Gallatin listings by locked rate
- Under 4%18 homes
- 4% – 5%1 home
- 5% – 6%5 homes
- 6% and up32 homes
Gallatin listings by loan type
- FHA42 homesmedian 6.24%
- VA14 homesmedian 6.20%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Gallatin ZIP code.
Each ZIP opens the Gallatin map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Gallatin numbers
What an assumable ratedoes to a Gallatin payment.
The sliders start at the median Gallatin assumable listing: $412,400 list price and a 6.21% 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)$65,000
16% 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 Gallatin
$2,229/mo
New loan at 7.20%$2,342
Assumed at 6.20%
$2,229
Every month$113
Over five years$6,769
Interest you never pay$147,60426-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 Gallatin listing on UMe shows the actual balance, rate, and payment.
How it works in Gallatin
How to assumea mortgage in Gallatin.
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 Gallatin home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Gallatin 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 $69,276 in Gallatin 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 Gallatin payment written in a different decade.
Gallatin questions
Assuming a mortgagein Gallatin.
The numbers below come from current Gallatin inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Gallatin?
As of October 2026, UMe tracks 56 active assumable listings in Gallatin. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Gallatin?
Current Gallatin inventory breaks down as FHA (42, median 6.24%) and VA (14, median 6.20%). 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 Gallatin?
The lowest rate on an active Gallatin assumable listing is 2.67%, and the median across all 56 listings is 6.21%. 18 listings are under 4% and 19 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 Gallatin?
Across current Gallatin listings, the median principal-and-interest payment on the assumable loan is $2,000 per month versus $2,390 for the same balance at today's rates, a difference of about $389 every month, or $4,670 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 Gallatin?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Gallatin that gap is currently a median of $69,276 on a median list price of $412,400. 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 Gallatin ZIP codes have the most assumable homes?
The Gallatin ZIP codes with the most active assumable listings are 37066 (56). 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 Gallatin?
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 Gallatin.The rate is already on the house.
Every listing on the Gallatin map has a rate you can take over. Start with the ones in Gallatin, get pre-qualified in minutes, and let UMe carry the assumption to closing.
