VA
Active
45$529,900$218,128 equity gap
- Rate
- 2.87%
7.40%today- Payment
- $1,454/mo
$2,428today
- 5beds
- 3baths
- 2,980sqft
Oak Ridge, Tennessee
Assumable homes for salein Oak Ridge, Tennessee.
1 home in Oak Ridge carries an existing FHA, VA, or USDA loan you can take over, with locked rates from 5.98%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Oak Ridge assumable market
by the numbers.
1active assumable listing
5.98%lowest locked rate
$385kmedian list price
$310saved per month vs. 7.2%
About the market
Assumable mortgagesin Oak Ridge, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Tennessee, filtered to Oak Ridge. Updated August 2026.
How assumptions work for buyersOak Ridge, Tennessee has 1 home for sale with an assumable mortgage as of August 2026: 1 FHA 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 Oak Ridge assumable listings start at 5.98% with a median of 5.98%; 0 listings are under 4% and 0 are under 5%.
The median assumable home in Oak Ridge lists for $385,000, with a median of $83,371 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 $1,814 a month versus $2,124 for the same balance at today's rate, roughly $310 kept every month and $3,722 a year. The most active Oak Ridge ZIP codes are 37830 (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 Oak Ridge assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Oak Ridge
View all 1 on the map Homes on the marketin Oak Ridge.
VA
Active
39$565,000$358,359 equity gap
- Rate
- 3.35%
7.40%today- Payment
- $1,340/mo
$2,105today
- 4beds
- 3baths
- 2,389sqft
2626 Nicholas View Lane, Knoxville
VA
Active
52$399,900$291,027 equity gap
- Rate
- 3.43%
7.40%today- Payment
- $628/mo
$976today
- 3beds
- 2baths
- 2,106sqft
140 Westwood Drive, Clinton
VA
Active
60$939,500$630,947 equity gap
- Rate
- 3.73%
7.40%today- Payment
- $1,926/mo
$2,887today
- 3beds
- 3baths
- 3,142sqft
2382 Misty Mountain Circle, Knoxville
VA
Active
59$595,000$7,948 equity gap
- Rate
- 6.10%
7.40%today- Payment
- $3,575/mo
$4,085today
- 3beds
- 3baths
- 2,754sqft
3205 Great Plains Lane, Knoxville
FHA
Active
51$309,900$19,028 equity gap
- Rate
- 6.62%
7.40%today- Payment
- $1,917/mo
$2,074today
- 3beds
- 3baths
- 1,509sqft
355 Harper Village Way, Lenoir City
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 Oak Ridge.
Live counts from the MLS feeds we index for Tennessee. Updated August 2026.
- Active listings
- 1
- UMe Certified / verified
- 0
- Lowest rate
- 5.98%
- Median rate
- 5.98%
- Median list price
- $385,000
- Median cash to assume
- $83,371
Oak Ridge listings by locked rate
- Under 4%0 homes
- 4% – 5%0 homes
- 5% – 6%1 home
- 6% and up0 homes
Oak Ridge listings by loan type
- FHA1 homemedian 5.98%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Oak Ridge ZIP code.
Each ZIP opens the Oak Ridge map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Oak Ridge numbers
What an assumable ratedoes to an Oak Ridge payment.
The sliders start at the median Oak Ridge assumable listing: $385,000 list price and a 5.98% 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)$85,000
22% 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 Oak Ridge
$1,901/mo
New loan at 7.20%$2,036
Assumed at 6.00%
$1,901
Every month$135
Over five years$8,120
Interest you never pay$139,97026-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 Oak Ridge listing on UMe shows the actual balance, rate, and payment.
How it works in Oak Ridge
How to assumea mortgage in Oak Ridge.
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 an Oak Ridge home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Oak Ridge 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 $83,371 in Oak Ridge 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 an Oak Ridge payment written in a different decade.
Oak Ridge questions
Assuming a mortgagein Oak Ridge.
The numbers below come from current Oak Ridge inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Oak Ridge?
As of August 2026, UMe tracks 1 active assumable listing in Oak Ridge. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Oak Ridge?
Current Oak Ridge inventory breaks down as FHA (1, median 5.98%). 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 Oak Ridge?
The lowest rate on an active Oak Ridge assumable listing is 5.98%, and the median across all 1 listing is 5.98%. 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 Oak Ridge?
Across current Oak Ridge listings, the median principal-and-interest payment on the assumable loan is $1,814 per month versus $2,124 for the same balance at today's rates, a difference of about $310 every month, or $3,722 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 Oak Ridge?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Oak Ridge that gap is currently a median of $83,371 on a median list price of $385,000. 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 Oak Ridge ZIP codes have the most assumable homes?
The Oak Ridge ZIP codes with the most active assumable listings are 37830 (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 Oak Ridge?
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 Oak Ridge.The rate is already on the house.
Every listing on the Oak Ridge map has a rate you can take over. Start with the ones in Oak Ridge, get pre-qualified in minutes, and let UMe carry the assumption to closing.
