Assumable homes for sale in Portland, TN

10 homesFHA & VA loansrates from 3.85% vs 7.40% today

Portland assumption guide

109 Carrie Mae Cir, Portland, TN, 37148 — assumable FHA mortgage at 3.85%

FHA

Active

$399,900$146,350 equity gap

Rate: 3.85%; ~~7.40%~~today
Payment: $1,297/mo; ~~$1,916~~today

3beds
2baths
1,982sqft

109 Carrie Mae Cir, Portland

103 Staggs Dr, Portland, TN, 37148 — assumable FHA mortgage at 4.23%

FHA

Active

$499,999$434,668 equity gap

Rate: 4.23%; ~~7.40%~~today
Payment: $439/mo; ~~$620~~today

5beds
5baths
2,549sqft

103 Staggs Dr, Portland

112 Burley Way, Portland, TN, 37148 — assumable FHA mortgage at 6.94%

FHA

Active

$383,000$33,619 equity gap

Rate: 6.94%; ~~7.40%~~today
Payment: $2,370/mo; ~~$2,481~~today

3beds
2baths
1,416sqft

112 Burley Way, Portland

208 Freedom Dr, Portland, TN, 37148 — assumable FHA mortgage at 6.09%

FHA

Active

$380,000$46,932 equity gap

Rate: 6.09%; ~~7.40%~~today
Payment: $2,110/mo; ~~$2,413~~today

3beds
3baths
1,531sqft

208 Freedom Dr, Portland

124 Emma Dr, Portland, TN, 37148 — assumable FHA mortgage at 6.67%

FHA

Active

$608,000$91,634 equity gap

Rate: 6.67%; ~~7.40%~~today
Payment: $3,371/mo; ~~$3,628~~today

3beds
2baths
2,670sqft

124 Emma Dr, Portland

229 Staggs Dr, Portland, TN, 37148 — assumable FHA mortgage at 7.62%

FHA

Active

$329,900$38,363 equity gap

Rate: 7.62%; ~~7.40%~~today
Payment: $2,119/mo; ~~$2,074~~today

3beds
2baths
1,360sqft

229 Staggs Dr, Portland

105 Carrie Mae Cir, Portland, TN, 37148 — assumable FHA mortgage at 6.72%

FHA

Active

$359,777$92,070 equity gap

Rate: 6.72%; ~~7.40%~~today
Payment: $1,763/mo; ~~$1,888~~today

3beds
2baths
1,889sqft

105 Carrie Mae Cir, Portland

112 Eagles Nest Dr, Portland, TN, 37148 — assumable VA mortgage at 6.82%

Active

$399,999$110,667 equity gap

Rate: 6.82%; ~~7.40%~~today
Payment: $1,938/mo; ~~$2,054~~today

3beds
2baths
1,550sqft

112 Eagles Nest Dr, Portland

110 Woodcrest Pt, Portland, TN, 37148 — assumable FHA mortgage at 5.67%

FHA

Active

$299,900$263,944 equity gap

Rate: 5.67%; ~~7.40%~~today
Payment: $541/mo; ~~$647~~today

3beds
2baths
1,262sqft

110 Woodcrest Pt, Portland

216 Staggs Dr, Portland, TN, 37148 — assumable FHA mortgage at 8.22%

FHA

Active

$224,900$201,404 equity gap

Rate: 8.22%; ~~7.40%~~today
Payment: $576/mo; ~~$532~~today

3beds
2baths
1,262sqft

216 Staggs Dr, Portland

Assuming a mortgage in Portland

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: 3.85%
Lowest existing payment: $439 /mo
Median cash to assume: $101,368