FHA
Active
40$459,000$202,426 equity gap
- Rate
- 2.80%
7.40%today- Payment
- $1,190/mo
$2,006today
- 3beds
- 3baths
- 2,001sqft
Assumable homes for sale in Leoma, TN
3 homesFHA & VA loansrates from 2.80% vs 7.40% today
Leoma assumption guide
VA
Active
45$659,000$383,920 equity gap
- Rate
- 3.00%
7.40%today- Payment
- $1,310/mo
$2,152today
- 4beds
- 2baths
- 2,984sqft
54 Purcell Rd, Leoma
FHA
Active
24$250,000$54,907 equity gap
- Rate
- 6.72%
7.40%today- Payment
- $1,286/mo
$1,377today
- 3beds
- 2baths
- 1,232sqft
58 Rabbit Trail Rd, Leoma
Assuming a mortgage in Leoma
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
- 2.80%
- Lowest existing payment
- $1,190 /mo
- Median cash to assume
- $202,426