Assumable homes for sale in Lexington, TN

3 homesVA & FHA loansrates from 2.74% vs 7.40% today

Lexington assumption guide

235 Mallard Ln, Lexington, TN, 38351 — assumable VA mortgage at 2.74%

Active

$280,000$146,604 equity gap

Rate: 2.74%; ~~7.40%~~today
Payment: $623/mo; ~~$1,059~~today

5beds
3baths
1,800sqft

235 Mallard Ln, Lexington

4110 Corinth Rd, Lexington, TN, 38351 — assumable VA mortgage at 6.34%

Active

$825,000$135,938 equity gap

Rate: 6.34%; ~~7.40%~~today
Payment: $4,320/mo; ~~$4,812~~today

5beds
3baths
4,055sqft

4110 Corinth Rd, Lexington

225 Meadowbrook Cir, Lexington, TN, 38351 — assumable FHA mortgage at 6.81%

FHA

Active

$469,900$193,290 equity gap

Rate: 6.81%; ~~7.40%~~today
Payment: $1,826/mo; ~~$1,937~~today

5beds
3baths
2,950sqft

225 Meadowbrook Cir, Lexington

Assuming a mortgage in Lexington

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: 2.74%
Lowest existing payment: $623 /mo
Median cash to assume: $146,604