VA
Active
23$220,000$41,327 equity gap
- Rate
- 3.55%
7.40%today- Payment
- $890/mo
$1,364today
- 3beds
- 2baths
- 1,750sqft
Tullahoma, Tennessee
Assumable homes for salein Tullahoma, Tennessee.
23 homes in Tullahoma carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.80%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Tullahoma assumable market
by the numbers.
23active assumable listings
2.80%lowest locked rate
$350kmedian list price
$278saved per month vs. 7.2%
About the market
Assumable mortgagesin Tullahoma, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Tennessee, filtered to Tullahoma. Updated October 2026.
How assumptions work for buyersTullahoma, Tennessee has 23 homes for sale with an assumable mortgage as of October 2026: 14 FHA loans and 9 VA loans 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 Tullahoma assumable listings start at 2.80% with a median of 6.54%; 4 listings are under 4% and 4 are under 5%.
The median assumable home in Tullahoma lists for $349,900, with a median of $41,327 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 $1,824 a month versus $2,102 for the same balance at today's rate, roughly $278 kept every month and $3,338 a year. The most active Tullahoma ZIP codes are 37388 (23).
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 Tullahoma assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Tullahoma
View all 23 on the map Homes on the marketin Tullahoma.
FHA
Active
44$349,900$62,857 equity gap
- Rate
- 3.92%
7.40%today- Payment
- $1,485/mo
$2,175today
- 3beds
- 3baths
- 2,380sqft
1915 Country Club Dr, Tullahoma
FHA
Active
27$330,000$129,891 equity gap
- Rate
- 2.80%
7.40%today- Payment
- $948/mo
$1,598today
- 3beds
- 2baths
- 1,750sqft
117 Carol Cir, Winchester
VA
Active
47$740,000$284,632 equity gap
- Rate
- 2.81%
7.40%today- Payment
- $2,139/mo
$3,600today
- 4beds
- 4baths
- 3,017sqft
71 Windjammer Ct, Winchester
FHA
Active
9$319,000$112,088 equity gap
- Rate
- 2.90%
7.40%today- Payment
- $973/mo
$1,618today
- —beds
- —baths
- 1,749sqft
1515 Rogers Cir, Manchester
FHA
Active
61$415,000$129,074 equity gap
- Rate
- 3.08%
7.40%today- Payment
- $1,380/mo
$2,243today
- 3beds
- 3baths
- 2,266sqft
113 Provins Dr, Tullahoma
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 Tullahoma.
Live counts from the MLS feeds we index for Tennessee. Updated October 2026.
- Active listings
- 23
- UMe Certified / verified
- 0
- Lowest rate
- 2.80%
- Median rate
- 6.54%
- Median list price
- $349,900
- Median cash to assume
- $41,327
Tullahoma listings by locked rate
- Under 4%4 homes
- 4% – 5%0 homes
- 5% – 6%3 homes
- 6% and up16 homes
Tullahoma listings by loan type
- FHA14 homesmedian 6.63%
- VA9 homesmedian 6.39%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Tullahoma ZIP code.
Each ZIP opens the Tullahoma map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Tullahoma numbers
What an assumable ratedoes to a Tullahoma payment.
The sliders start at the median Tullahoma assumable listing: $349,900 list price and a 6.54% 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
11% 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 Tullahoma
$2,071/mo
New loan at 7.20%$2,104
Assumed at 6.55%
$2,071
Every month$33
Over five years$1,992
Interest you never pay$111,36126-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 Tullahoma listing on UMe shows the actual balance, rate, and payment.
How it works in Tullahoma
How to assumea mortgage in Tullahoma.
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 Tullahoma home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Tullahoma 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 $41,327 in Tullahoma 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 Tullahoma payment written in a different decade.
Tullahoma questions
Assuming a mortgagein Tullahoma.
The numbers below come from current Tullahoma inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Tullahoma?
As of October 2026, UMe tracks 23 active assumable listings in Tullahoma. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Tullahoma?
Current Tullahoma inventory breaks down as FHA (14, median 6.63%) and VA (9, median 6.39%). 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 Tullahoma?
The lowest rate on an active Tullahoma assumable listing is 2.80%, and the median across all 23 listings is 6.54%. 4 listings are under 4% and 4 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 Tullahoma?
Across current Tullahoma listings, the median principal-and-interest payment on the assumable loan is $1,824 per month versus $2,102 for the same balance at today's rates, a difference of about $278 every month, or $3,338 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 Tullahoma?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Tullahoma that gap is currently a median of $41,327 on a median list price of $349,900. 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 Tullahoma ZIP codes have the most assumable homes?
The Tullahoma ZIP codes with the most active assumable listings are 37388 (23). 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 Tullahoma?
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 Tullahoma.The rate is already on the house.
Every listing on the Tullahoma map has a rate you can take over. Start with the ones in Tullahoma, get pre-qualified in minutes, and let UMe carry the assumption to closing.
