Compare taking over a seller's existing assumable mortgage against financing the same purchase with a new mortgage. This tool provides estimates only and is not a loan offer or a qualification decision.
Estimated monthly savings
$542.61/mo
less than the alternative new mortgage
Figures show principal and interest (plus any mortgage insurance shown above) only. Property taxes, homeowners insurance, HOA fees, and other costs are not included and will affect your actual payment.
Your available cash may not cover the amount needed at closing.
AssumeList helps buyers search for homes with FHA, VA, and USDA assumable mortgages. Review the property details carefully and confirm all loan information with the seller's mortgage servicer.
Affiliate disclosure: CheapRateMortgage.com may earn a commission if you purchase an AssumeList subscription through links on this page.
Read how mortgage assumption works, or dig into the seller's equity gap before you run your own numbers.