VA
Active
53$389,000$158,638 equity gap
- Rate
- 3.00%
7.40%today- Payment
- $1,100/mo
$1,806today
- 3beds
- 2baths
- 1,350sqft
Pleasant Shade, Tennessee
Assumable homes for salein Pleasant Shade, Tennessee.
1 home in Pleasant Shade carries an existing FHA, VA, or USDA loan you can take over, with locked rates from 7.17%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Pleasant Shade assumable market
by the numbers.
1active assumable listing
7.17%lowest locked rate
$395kmedian list price
$89saved per month vs. 7.2%
About the market
Assumable mortgagesin Pleasant Shade, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Tennessee, filtered to Pleasant Shade. Updated October 2026.
How assumptions work for buyersPleasant Shade, Tennessee has 1 home for sale with an assumable mortgage as of October 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 Pleasant Shade assumable listings start at 7.17% with a median of 7.17%; 0 listings are under 4% and 0 are under 5%.
The median assumable home in Pleasant Shade lists for $394,500, with a median of $28,180 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 $2,538 a month versus $2,627 for the same balance at today's rate, roughly $89 kept every month and $1,072 a year. The most active Pleasant Shade ZIP codes are 37145 (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 Pleasant Shade assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Pleasant Shade
View all 1 on the map Homes on the marketin Pleasant Shade.
FHA
Active
80$369,900$221,443 equity gap
- Rate
- 3.30%
7.40%today- Payment
- $752/mo
$1,189today
- 3beds
- 1baths
- 1,434sqft
537 Defeated Creek Hwy, Carthage
VA
Active
80$645,000$357,115 equity gap
- Rate
- 3.50%
7.40%today- Payment
- $1,516/mo
$2,338today
- 6beds
- 5baths
- 4,680sqft
676 Ferguson Hill Rd, Lafayette
VA
Active
30$685,880$267,723 equity gap
- Rate
- 3.85%
7.40%today- Payment
- $2,139/mo
$3,159today
- 3beds
- 2baths
- 2,083sqft
140 Hudson Ln, Lafayette
FHA
Active
37$319,900$68,798 equity gap
- Rate
- 4.67%
7.40%today- Payment
- $1,401/mo
$1,876today
- 3beds
- 2baths
- 1,748sqft
828 Kirbytown Rd, Lafayette
VA
Active
23$235,000$18,106 equity gap
- Rate
- 7.09%
7.40%today- Payment
- $1,490/mo
$1,536today
- 2beds
- 1baths
- 1,000sqft
214 Church St, Red Boiling Springs
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 Pleasant Shade.
Live counts from the MLS feeds we index for Tennessee. Updated October 2026.
- Active listings
- 1
- UMe Certified / verified
- 0
- Lowest rate
- 7.17%
- Median rate
- 7.17%
- Median list price
- $394,500
- Median cash to assume
- $28,180
Pleasant Shade listings by locked rate
- Under 4%0 homes
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up1 home
Pleasant Shade listings by loan type
- VA1 homemedian 7.17%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Pleasant Shade ZIP code.
Each ZIP opens the Pleasant Shade map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Pleasant Shade numbers
What an assumable ratedoes to a Pleasant Shade payment.
The sliders start at the median Pleasant Shade assumable listing: $394,500 list price and a 7.17% 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)$30,000
8% 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 Pleasant Shade
$2,579/mo
New loan at 7.20%$2,478
Assumed at 7.15%
$2,579
Every month$0
Over five years$0
Interest you never pay$87,31826-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 Pleasant Shade listing on UMe shows the actual balance, rate, and payment.
How it works in Pleasant Shade
How to assumea mortgage in Pleasant Shade.
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 Pleasant Shade home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Pleasant Shade 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 $28,180 in Pleasant Shade 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 Pleasant Shade payment written in a different decade.
Pleasant Shade questions
Assuming a mortgagein Pleasant Shade.
The numbers below come from current Pleasant Shade inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Pleasant Shade?
As of October 2026, UMe tracks 1 active assumable listing in Pleasant Shade. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Pleasant Shade?
Current Pleasant Shade inventory breaks down as VA (1, median 7.17%). 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 Pleasant Shade?
The lowest rate on an active Pleasant Shade assumable listing is 7.17%, and the median across all 1 listing is 7.17%. 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 Pleasant Shade?
Across current Pleasant Shade listings, the median principal-and-interest payment on the assumable loan is $2,538 per month versus $2,627 for the same balance at today's rates, a difference of about $89 every month, or $1,072 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 Pleasant Shade?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Pleasant Shade that gap is currently a median of $28,180 on a median list price of $394,500. 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 Pleasant Shade ZIP codes have the most assumable homes?
The Pleasant Shade ZIP codes with the most active assumable listings are 37145 (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 Pleasant Shade?
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 Pleasant Shade.The rate is already on the house.
Every listing on the Pleasant Shade map has a rate you can take over. Start with the ones in Pleasant Shade, get pre-qualified in minutes, and let UMe carry the assumption to closing.
