FHA
Active
39$409,900$271,798 equity gap
- Rate
- 2.88%
7.40%today- Payment
- $646/mo
$1,078today
- 3beds
- 1baths
- 1,325sqft
Ten Mile, Tennessee
Assumable homes for salein Ten Mile, Tennessee.
1 home in Ten Mile 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
Ten Mile assumable market
by the numbers.
1active assumable listing
6.58%lowest locked rate
$615kmedian list price
$268saved per month vs. 7.2%
About the market
Assumable mortgagesin Ten Mile, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Tennessee, filtered to Ten Mile. Updated October 2026.
How assumptions work for buyersTen Mile, Tennessee has 1 home for sale with an assumable mortgage as of October 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 Ten Mile 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 Ten Mile lists for $614,900, with a median of $195,772 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 $2,698 a month versus $2,966 for the same balance at today's rate, roughly $268 kept every month and $3,213 a year. The most active Ten Mile ZIP codes are 37880 (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 Ten Mile assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Ten Mile
View all 1 on the map Homes on the marketin Ten Mile.
FHA
Active
19$215,000$10,649 equity gap
- Rate
- 6.35%
7.40%today- Payment
- $1,323/mo
$1,472today
- 3beds
- 2baths
- 1,640sqft
17986 State Highway 58, Decatur
FHA
Active
32$304,000$24,206 equity gap
- Rate
- 6.62%
7.40%today- Payment
- $1,816/mo
$1,964today
- 4beds
- 3baths
- 1,991sqft
352 Dilbeck Lane, Niota
FHA
Active
15$275,000$35,161 equity gap
- Rate
- 5.98%
7.40%today- Payment
- $1,441/mo
$1,667today
- 3beds
- 2baths
- 1,248sqft
145 County Road 384, Niota
VA
Active
30$295,000$49,429 equity gap
- Rate
- 6.90%
7.40%today- Payment
- $1,671/mo
$1,757today
- 3beds
- 2baths
- 1,577sqft
117 Crescent Circle, Niota
FHA
Active
56$614,900$195,374 equity gap
- Rate
- 6.58%
7.40%today- Payment
- $2,698/mo
$2,931today
- 3beds
- 3baths
- 2,261sqft
2362 Euchee Rd, Ten Mile
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 Ten Mile.
Live counts from the MLS feeds we index for Tennessee. Updated October 2026.
- Active listings
- 1
- UMe Certified / verified
- 0
- Lowest rate
- 6.58%
- Median rate
- 6.58%
- Median list price
- $614,900
- Median cash to assume
- $195,772
Ten Mile listings by locked rate
- Under 4%0 homes
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up1 home
Ten Mile listings by loan type
- FHA1 homemedian 6.58%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Ten Mile ZIP code.
Each ZIP opens the Ten Mile map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Ten Mile numbers
What an assumable ratedoes to a Ten Mile payment.
The sliders start at the median Ten Mile assumable listing: $614,900 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)$195,000
32% 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 Ten Mile
$2,819/mo
New loan at 7.20%$2,851
Assumed at 6.60%
$2,819
Every month$32
Over five years$1,900
Interest you never pay$146,72426-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 Ten Mile listing on UMe shows the actual balance, rate, and payment.
How it works in Ten Mile
How to assumea mortgage in Ten Mile.
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 Ten Mile home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Ten Mile 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 $195,772 in Ten Mile 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 Ten Mile payment written in a different decade.
Ten Mile questions
Assuming a mortgagein Ten Mile.
The numbers below come from current Ten Mile inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Ten Mile?
As of October 2026, UMe tracks 1 active assumable listing in Ten Mile. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Ten Mile?
Current Ten Mile inventory breaks down as FHA (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 Ten Mile?
The lowest rate on an active Ten Mile 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 Ten Mile?
Across current Ten Mile listings, the median principal-and-interest payment on the assumable loan is $2,698 per month versus $2,966 for the same balance at today's rates, a difference of about $268 every month, or $3,213 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 Ten Mile?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Ten Mile that gap is currently a median of $195,772 on a median list price of $614,900. 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 Ten Mile ZIP codes have the most assumable homes?
The Ten Mile ZIP codes with the most active assumable listings are 37880 (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 Ten Mile?
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 Ten Mile.The rate is already on the house.
Every listing on the Ten Mile map has a rate you can take over. Start with the ones in Ten Mile, get pre-qualified in minutes, and let UMe carry the assumption to closing.
