Assumable homes for sale in Alexandria, TN

10 homesFHA & VA loansrates from 2.73% vs 7.18% today

Alexandria assumption guide

117 Windy Cut St, Dowelltown, TN, 37059 — assumable FHA mortgage at 3.76%

FHA

Active

$262,000$45,395 equity gap

Rate: 3.76%; ~~7.18%~~today
Payment: $1,100/mo; ~~$1,606~~today

3beds
2baths
1,250sqft

117 Windy Cut St, Dowelltown

7890 Poplar Hill Rd, Watertown, TN, 37184 — assumable VA mortgage at 3.13%

Active

$699,900$269,020 equity gap

Rate: 3.13%; ~~7.18%~~today
Payment: $2,091/mo; ~~$3,305~~today

4beds
3baths
2,875sqft

7890 Poplar Hill Rd, Watertown

203 Academy Ave, Alexandria, TN, 37012 — assumable VA mortgage at 2.73%

Active

$315,000$143,407 equity gap

Rate: 2.73%; ~~7.18%~~today
Payment: $801/mo; ~~$1,333~~today

4beds
2baths
1,509sqft

203 Academy Ave, Alexandria

2351 Linwood Rd, Watertown, TN, 37184 — assumable VA mortgage at 3.89%

Active

$449,000$136,006 equity gap

Rate: 3.89%; ~~7.18%~~today
Payment: $1,611/mo; ~~$2,317~~today

1beds
1baths
1,430sqft

2351 Linwood Rd, Watertown

659 Turney Rd, Auburntown, TN, 37016 — assumable FHA mortgage at 5.75%

FHA

Active

$649,000$113,421 equity gap

Rate: 5.75%; ~~7.18%~~today
Payment: $3,289/mo; ~~$3,818~~today

3beds
3baths
2,300sqft

659 Turney Rd, Auburntown

FHA

Active

$649,000$113,421 equity gap

Rate: 5.75%; ~~7.18%~~today
Payment: $3,289/mo; ~~$3,818~~today

3beds
3baths
2,300sqft

659 Turney Rd, Auburntown

207 Sims St, Dowelltown, TN, 37059 — assumable FHA mortgage at 6.34%

FHA

Active

$189,900$23,698 equity gap

Rate: 6.34%; ~~7.18%~~today
Payment: $1,043/mo; ~~$1,137~~today

2beds
1baths
950sqft

207 Sims St, Dowelltown

17 Switchboard Rd, Brush Creek, TN, 38547 — assumable FHA mortgage at 6.93%

FHA

Active

$183,900$19,757 equity gap

Rate: 6.93%; ~~7.18%~~today
Payment: $1,103/mo; ~~$1,131~~today

3beds
1baths
1,055sqft

17 Switchboard Rd, Brush Creek

681 W Main St, Alexandria, TN, 37012 — assumable VA mortgage at 7.23%

Active

$373,900$40,650 equity gap

Rate: 7.23%; ~~7.18%~~today
Payment: $2,372/mo; ~~$2,360~~today

3beds
2baths
1,375sqft

681 W Main St, Alexandria

939 Statesville Rd, Watertown, TN, 37184 — assumable FHA mortgage at 6.46%

FHA

Active

$374,900$177,402 equity gap

Rate: 6.46%; ~~7.18%~~today
Payment: $1,249/mo; ~~$1,344~~today

3beds
2baths
2,025sqft

939 Statesville Rd, Watertown

Assuming a mortgage in Alexandria

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 7.18%), so you can see the saving before you tour.

Lowest existing rate: 2.73%
Lowest existing payment: $801/mo
Median cash to assume: $113,421