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 Loretto, TN
7 homesFHA & VA loansrates from 2.80% vs 7.40% today
Loretto 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
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
FHA
Active
48$185,000$26,087 equity gap
- Rate
- 6.21%
7.40%today- Payment
- $981/mo
$1,108today
- 3beds
- 2baths
- 1,344sqft
109 W 1st St, Iron City
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
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
VA
Active
23$99,000Potential short sale
- Rate
- 6.50%
7.40%today- Payment
- $733/mo
$803today
- 3beds
- 1baths
- 1,206sqft
404 McMurtrey St, Saint Joseph
Assuming a mortgage in Loretto
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
- $733 /mo
- Median cash to assume
- $43,721