Assumable homes for sale in Chattanooga, TN

3 homesFHA & VA loansrates from 3.64% vs 7.40% today

Chattanooga assumption guide

309 Renaissance Court, Chattanooga, TN, 37419 — assumable FHA mortgage at 3.64%

FHA

Active

$399,000$181,547 equity gap

Rate: 3.64%; ~~7.40%~~today
Payment: $1,148/mo; ~~$1,740~~today

3beds
2baths
1,862sqft

309 Renaissance Court, Chattanooga

3312 Mountain View Drive, Chattanooga, TN, 37419 — assumable VA mortgage at 5.75%

Active

$465,000$5,470 equity gap

Rate: 5.75%; ~~7.40%~~today
Payment: $2,714/mo; ~~$3,220~~today

3beds
2baths
1,854sqft

3312 Mountain View Drive, Chattanooga

120 Fern Avenue, Chattanooga, TN, 37419 — assumable FHA mortgage at 6.69%

FHA

Active

$329,999$36,477 equity gap

Rate: 6.69%; ~~7.40%~~today
Payment: $1,962/mo; ~~$2,108~~today

3beds
2baths
1,727sqft

120 Fern Avenue, Chattanooga

Assuming a mortgage in Chattanooga

An assumable mortgage lets you buy the home and take over the seller’s existing FHA, VA or USDA loan—its rate, balance and remaining term included. Each listing above shows the existing rate and payment next to what the same loan would cost at today’s rates (about 7.40%), so you can see the saving before you tour.

Lowest existing rate: 3.64%
Lowest existing payment: $1,148 /mo
Median cash to assume: $36,477