FHA
Active
30$274,900$272,107 equity gap
- Rate
- 2.99%
7.40%today- Payment
- $13/mo
$22today
- 2beds
- 2baths
- 1,560sqft
Assumable homes for sale in Newport, TN
2 homesFHA loansrates from 2.99% vs 7.40% today
Newport assumption guide
FHA
Active
31$350,000$116,714 equity gap
- Rate
- 7.63%
7.40%today- Payment
- $1,851/mo
$1,815today
- 3beds
- 2baths
- 2,128sqft
1930 Sail Rd, Newport
Assuming a mortgage in Newport
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
- 2.99%
- Lowest existing payment
- $1,851 /mo
- Median cash to assume
- $194,411