Chris Prendergast

Chris Prendergast

Assumable homes for sale in Five Points, TN

4 homesFHA & VA loansrates from 6.10% vs 7.40% today

Five Points assumption guide
244 Old Jackson Hwy, Loretto, TN, 38469 — assumable FHA mortgage at 7.22%
FHA
Active
20
$309,000$27,188 equity gap
Rate
7.22%
7.40%today
Payment
$1,960/mo
$1,995today
  • 4beds
  • 3baths
  • 2,577sqft

244 Old Jackson Hwy, Loretto

11644 Minor Hill Hwy, Goodspring, TN, 38460 — assumable VA mortgage at 6.10%
VA
Active
56
$289,500$53,906 equity gap
Rate
6.10%
7.40%today
Payment
$1,435/mo
$1,639today
  • 3beds
  • 2baths
  • 1,624sqft

11644 Minor Hill Hwy, Goodspring

607 Hulsey Branch RD, Minor Hill, TN, 38473 — assumable VA mortgage at 6.35%
VA
Active
39
$389,900$72,789 equity gap
Rate
6.35%
7.40%today
Payment
$2,053/mo
$2,285today
  • 3beds
  • 3baths
  • 1,410sqft

607 Hulsey Branch RD, Minor Hill

400 Carrie Ln, Loretto, TN, 38469 — assumable FHA mortgage at 7.49%
FHA
Active
33
$299,900$32,534 equity gap
Rate
7.49%
7.40%today
Payment
$1,920/mo
$1,903today
  • 3beds
  • 2baths
  • 1,373sqft

400 Carrie Ln, Loretto

Assuming a mortgage in Five Points

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
6.10%
Lowest existing payment
$1,435 /mo
Median cash to assume
$43,220
Chris Prendergast

Chris Prendergast

20 Degrees North

chris@20degreesn.com+1808388555520 Degrees North logo
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Beaston Group

Equal Housing Opportunity

20 Degrees North is committed to and abides by the Fair Housing Act and Equal Opportunity. Listing data is refreshed daily from participating MLS feeds; existing loan terms are estimates until verified with the servicer.