VA
Active
45$525,000$297,820 equity gap
- Rate
- 2.96%
7.40%today- Payment
- $1,100/mo
$1,816today
- 3beds
- 3baths
- 2,600sqft
Puryear, Tennessee
Assumable homes for salein Puryear, Tennessee.
1 home in Puryear carries an existing FHA, VA, or USDA loan you can take over, with locked rates from 7.44%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Puryear assumable market
by the numbers.
1active assumable listing
7.44%lowest locked rate
$228kmedian list price
$11saved per month vs. 7.2%
About the market
Assumable mortgagesin Puryear, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Tennessee, filtered to Puryear. Updated September 2026.
How assumptions work for buyersPuryear, Tennessee has 1 home for sale with an assumable mortgage as of September 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 Puryear assumable listings start at 7.44% with a median of 7.44%; 0 listings are under 4% and 0 are under 5%.
The median assumable home in Puryear lists for $227,500, with a median of $37,282 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 $1,358 a month versus $1,369 for the same balance at today's rate, roughly $11 kept every month and $128 a year. The most active Puryear ZIP codes are 38251 (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 Puryear assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Puryear
View all 1 on the map Homes on the marketin Puryear.
VA
Active
33$299,900$149,210 equity gap
- Rate
- 2.96%
7.40%today- Payment
- $713/mo
$1,177today
- 4beds
- 2baths
- 1,542sqft
104 Lark St, Paris
FHA
Active
37$549,900$279,990 equity gap
- Rate
- 2.98%
7.40%today- Payment
- $1,313/mo
$2,162today
- 3beds
- 5baths
- 3,816sqft
3515 County Home Rd, Paris
FHA
Active
32$434,500$431,076 equity gap
- Rate
- 3.13%
7.40%today- Payment
- $24/mo
$34today
- 5beds
- 3baths
- 2,880sqft
59 Eiffel Tower Ln, Paris
VA
Active
65$449,000$14,853 equity gap
- Rate
- 6.09%
7.40%today- Payment
- $2,633/mo
$3,012today
- 5beds
- 3baths
- 2,538sqft
385 Crutchfield Ln, Paris
FHA
Active
35$279,900$37,809 equity gap
- Rate
- 6.62%
7.40%today- Payment
- $1,571/mo
$1,700today
- 3beds
- 2baths
- 1,505sqft
165 Dortch Ln, Paris
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 Puryear.
Live counts from the MLS feeds we index for Tennessee. Updated September 2026.
- Active listings
- 1
- UMe Certified / verified
- 0
- Lowest rate
- 7.44%
- Median rate
- 7.44%
- Median list price
- $227,500
- Median cash to assume
- $37,282
Puryear listings by locked rate
- Under 4%0 homes
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up1 home
Puryear listings by loan type
- FHA1 homemedian 7.44%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Puryear ZIP code.
Each ZIP opens the Puryear map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Puryear numbers
What an assumable ratedoes to a Puryear payment.
The sliders start at the median Puryear assumable listing: $227,500 list price and a 7.44% 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)$40,000
17% 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 Puryear
$1,380/mo
New loan at 7.20%$1,290
Assumed at 7.45%
$1,380
Every month$0
Over five years$0
Interest you never pay$33,84626-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 Puryear listing on UMe shows the actual balance, rate, and payment.
How it works in Puryear
How to assumea mortgage in Puryear.
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 Puryear home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Puryear 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 $37,282 in Puryear 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 Puryear payment written in a different decade.
Puryear questions
Assuming a mortgagein Puryear.
The numbers below come from current Puryear inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Puryear?
As of September 2026, UMe tracks 1 active assumable listing in Puryear. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Puryear?
Current Puryear inventory breaks down as FHA (1, median 7.44%). 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 Puryear?
The lowest rate on an active Puryear assumable listing is 7.44%, and the median across all 1 listing is 7.44%. 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 Puryear?
Across current Puryear listings, the median principal-and-interest payment on the assumable loan is $1,358 per month versus $1,369 for the same balance at today's rates, a difference of about $11 every month, or $128 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 Puryear?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Puryear that gap is currently a median of $37,282 on a median list price of $227,500. 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 Puryear ZIP codes have the most assumable homes?
The Puryear ZIP codes with the most active assumable listings are 38251 (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 Puryear?
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 Puryear.The rate is already on the house.
Every listing on the Puryear map has a rate you can take over. Start with the ones in Puryear, get pre-qualified in minutes, and let UMe carry the assumption to closing.
