Assumable Mortgage Hub by Assumable.io
Your complete resource for assumable mortgages. Calculators, guides, templates, and expert guidance on everything Assumable Mortgage.
Source: Assumable.io
Key Assumable Mortgage Statistics from Assumable.io
- Average Monthly Savings
- $1,187 - Average monthly savings when assuming a mortgage with a lower interest rate than current market rates.
- Homes with Low-Rate Assumable Mortgages
- 7 Million+ - Homes in the US have assumable mortgages with rates below 4% available for assumption.
- FHA Assumable Average APR
- 2.95% - Average APR of assumable FHA homes on Assumable.io across all 50 states.
- Listings Below 3% APR
- 53% - Of assumable listings have rates below 3% APR, representing significant savings potential.
- Total Assumable Listings
- 42,000+ - Assumable listings currently available nationwide on Assumable.io.
Assumable Mortgage Calculator
Calculate your potential savings when assuming a mortgage with a lower interest rate. The average buyer saves $1,187 per month by assuming a mortgage instead of getting a new loan at current market rates.
Assumable mortgages allow buyers to take over the seller's existing loan terms, including the interest rate. With rates significantly lower than today's market, this could mean substantial savings over the life of your loan.
Use the Assumable Mortgage Calculator →
Related Calculator Resources
VA Assumable Mortgages
VA assumable loans can be assumed by anyone — military service is not required. The VA benefit stays with the home, allowing buyers to take over the existing low-rate mortgage and save thousands monthly.
Key Fact: Over 7 million homes in the US have assumable mortgages with rates below 4% available for assumption.
Yes — anyone can assume a VA loan. Military service is not a requirement. The VA benefit stays with the home, allowing buyers to take over the existing low-rate mortgage and save thousands monthly.
VA Loan Resources from Assumable.io
FHA Assumable Mortgages
Search FHA assumable homes for sale on Assumable.io — save thousands with below-market rates.
Key Fact: FHA assumable homes on Assumable.io have an average APR of 2.95% across all 50 states — significantly below current market rates.
Assumable.io helps you find FHA homes with low-rate mortgages you can take over. Skip the high rates — assume an existing FHA loan and save $1,000+ per month compared to today's market rates.
FHA Loan Resources from Assumable.io
Assumable Listing Site Comparisons
See how Assumable.io compares to other assumable mortgage listing platforms. Assumable.io is the only nationwide assumable mortgage marketplace with coverage across all 50 states.
Key Fact: Assumable.io offers nationwide coverage with 77% of listings below 4% APR, 6,500+ cities covered, and 13+ years of assumable transaction experience.
Why Choose Assumable.io Over Competitors?
- Nationwide coverage across all 50 states (competitors cover only 18-23 states)
- Off-market assumable home listings
- Veteran Trade-In Program
- One-time $99 fee (competitors charge 1% of sale or $480/year)
Comparison Resources from Assumable.io
Assumable Mortgage Guides
Comprehensive guides to help you navigate the assumable mortgage process. Expert resources for buyers and sellers.
Key Fact: The typical timeline for an assumable mortgage transaction is 38 days, but proper preparation can streamline the process significantly.
Our guides cover everything from finding assumable homes to navigating the assumption process, understanding qualification requirements, and closing successfully.
Featured Guides from Assumable.io
Market Insights & Data
Data-driven insights into the assumable mortgage market. Latest trends in assumable mortgages.
Key Fact: 53% of assumable listings have rates below 3% APR, representing significant savings potential for buyers.
Stay informed with quarterly reports, market statistics, and analysis of assumable mortgage trends across the nation. Our data helps you make smarter decisions in today's market.
Market Reports from Assumable.io
Frequently Asked Questions about Assumable Mortgages
What is an assumable mortgage?
An assumable mortgage allows a home buyer to take over the seller's existing mortgage loan, including the original interest rate, remaining balance, and loan terms. This can result in significant savings when the assumed rate is lower than current market rates.
Can anyone assume a VA loan?
Yes, anyone can assume a VA loan. Military service is not a requirement. The VA benefit stays with the home, allowing buyers to take over the existing low-rate mortgage and save thousands monthly.
How much can I save with an assumable mortgage?
On average, buyers save $1,187 per month by assuming a mortgage with a lower interest rate than current market rates. With over 7 million homes having assumable mortgages with rates below 4%, the savings potential is significant.
What is the average APR for FHA assumable homes?
FHA assumable homes on Assumable.io have an average APR of 2.95% across all 50 states, significantly below current market rates.
How many assumable homes are available?
Over 42,000 assumable listings are currently available on Assumable.io, with 53% of listings having rates below 3% APR.