VA
Active
28$223,999$111,836 equity gap
- Rate
- 2.80%
7.40%today- Payment
- $1,022/mo
$1,382today
- 3beds
- 1baths
- 2,044sqft
Graysville, Tennessee
Assumable homes for salein Graysville, Tennessee.
1 home in Graysville carries an existing FHA, VA, or USDA loan you can take over, with locked rates from 6.58%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Graysville assumable market
by the numbers.
1active assumable listing
6.58%lowest locked rate
$389kmedian list price
$218saved per month vs. 7.2%
About the market
Assumable mortgagesin Graysville, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Tennessee, filtered to Graysville. Updated September 2026.
How assumptions work for buyersGraysville, Tennessee has 1 home for sale with an assumable mortgage as of September 2026: 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 Graysville assumable listings start at 6.58% with a median of 6.58%; 0 listings are under 4% and 0 are under 5%.
The median assumable home in Graysville lists for $389,000, with a median of $48,363 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 $2,193 a month versus $2,411 for the same balance at today's rate, roughly $218 kept every month and $2,612 a year. The most active Graysville ZIP codes are 37338 (1).
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 Graysville assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Graysville
View all 1 on the map Homes on the marketin Graysville.
VA
Active
8$44,999Potential short sale
- Rate
- 3.05%
7.40%today- Payment
- $1,174/mo
$1,915today
- —beds
- —baths
- —sqft
193 E Highwater Road, Soddy Daisy
VA
Active
49$369,000$200,550 equity gap
- Rate
- 3.56%
7.40%today- Payment
- $891/mo
$1,363today
- 4beds
- 3baths
- 2,441sqft
171 Matthew Ln, Dayton
FHA
Active
9$85,000$35,022 equity gap
- Rate
- 3.56%
7.40%today- Payment
- $249/mo
$381today
- 3beds
- 1baths
- 1,326sqft
44 Poplar St, Pikeville
VA
Active
42$320,000$205,219 equity gap
- Rate
- 3.59%
7.40%today- Payment
- $706/mo
$1,077today
- 3beds
- 3baths
- 2,598sqft
374 Countryside Drive, Evensville
VA
Active
9$59,900Potential short sale
- Rate
- 3.73%
7.40%today- Payment
- $656/mo
$983today
- —beds
- —baths
- —sqft
405 Overlook Drive, Dayton
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 Graysville.
Live counts from the MLS feeds we index for Tennessee. Updated September 2026.
- Active listings
- 1
- UMe Certified / verified
- 0
- Lowest rate
- 6.58%
- Median rate
- 6.58%
- Median list price
- $389,000
- Median cash to assume
- $48,363
Graysville listings by locked rate
- Under 4%0 homes
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up1 home
Graysville listings by loan type
- VA1 homemedian 6.58%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Graysville ZIP code.
Each ZIP opens the Graysville map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Graysville numbers
What an assumable ratedoes to a Graysville payment.
The sliders start at the median Graysville assumable listing: $389,000 list price and a 6.58% 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)$50,000
13% 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 Graysville
$2,282/mo
New loan at 7.20%$2,308
Assumed at 6.60%
$2,282
Every month$26
Over five years$1,538
Interest you never pay$118,77726-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 Graysville listing on UMe shows the actual balance, rate, and payment.
How it works in Graysville
How to assumea mortgage in Graysville.
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 Graysville home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Graysville 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 $48,363 in Graysville 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 Graysville payment written in a different decade.
Graysville questions
Assuming a mortgagein Graysville.
The numbers below come from current Graysville inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Graysville?
As of September 2026, UMe tracks 1 active assumable listing in Graysville. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Graysville?
Current Graysville inventory breaks down as VA (1, median 6.58%). 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 Graysville?
The lowest rate on an active Graysville assumable listing is 6.58%, and the median across all 1 listing is 6.58%. 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 Graysville?
Across current Graysville listings, the median principal-and-interest payment on the assumable loan is $2,193 per month versus $2,411 for the same balance at today's rates, a difference of about $218 every month, or $2,612 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 Graysville?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Graysville that gap is currently a median of $48,363 on a median list price of $389,000. 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 Graysville ZIP codes have the most assumable homes?
The Graysville ZIP codes with the most active assumable listings are 37338 (1). 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 Graysville?
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 Graysville.The rate is already on the house.
Every listing on the Graysville map has a rate you can take over. Start with the ones in Graysville, get pre-qualified in minutes, and let UMe carry the assumption to closing.
