Assumable homes for sale in Chattanooga, TN

4 homesFHA loansrates from 3.36% vs 7.40% today

Chattanooga assumption guide

1405 Highcrest Court, Hixson, TN, 37343 — assumable FHA mortgage at 3.36%

FHA

Active

$340,000$256,767 equity gap

Rate: 3.36%; ~~7.40%~~today
Payment: $555/mo; ~~$870~~today

4beds
3baths
2,238sqft

1405 Highcrest Court, Hixson

110 Forsythe Street, Chattanooga, TN, 37415 — assumable FHA mortgage at 4.78%

FHA

Active

$310,000$215,807 equity gap

Rate: 4.78%; ~~7.40%~~today
Payment: $740/mo; ~~$979~~today

3beds
3baths
2,175sqft

110 Forsythe Street, Chattanooga

286 Sims Dr, Chattanooga, TN, 37415 — assumable FHA mortgage at 6.35%

FHA

Active

$279,000$79,695 equity gap

Rate: 6.35%; ~~7.40%~~today
Payment: $1,266/mo; ~~$1,409~~today

3beds
2baths
1,560sqft

286 Sims Dr, Chattanooga

65 Lynnbrook Circle, Chattanooga, TN, 37415 — assumable FHA mortgage at 6.61%

FHA

Active

$330,000$76,302 equity gap

Rate: 6.61%; ~~7.40%~~today
Payment: $1,672/mo; ~~$1,811~~today

3beds
3baths
1,800sqft

65 Lynnbrook Circle, 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: 3.36%
Lowest existing payment: $555 /mo
Median cash to assume: $147,751