VA
Active
45$529,900$218,128 equity gap
- Rate
- 2.87%
7.40%today- Payment
- $1,454/mo
$2,428today
- 5beds
- 3baths
- 2,980sqft
Farragut, Tennessee
Assumable homes for salein Farragut, Tennessee.
An assumable mortgage lets you take over a seller’s existing low-rate FHA, VA, or USDA loan instead of financing at today’s 7.2%. These are the ones we verify in Farragut.
Live MLS data · Updated
Farragut assumable market
by the numbers.
6active assumable listings
3.76%average locked rate
$552ktypical list price
$950saved per month vs. 7.2%
About the market
Assumable mortgagesin Farragut, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Tennessee, filtered to Farragut. Updated October 2026.
How assumptions work for buyersAs of October 2026, UMe has no verified assumable listings in Farragut. That changes quickly: assumable homes come on the market every week across Tennessee as sellers with FHA, VA, and USDA loans written at 2% to 5% decide to move. Save a Farragut search on the map and we will email you the moment one lands.
An assumable mortgage lets a qualified buyer take over the seller's existing loan, keeping the original rate, balance, and remaining term instead of financing at today's roughly 7.2%. FHA, VA, and USDA loans are assumable by law; conventional loans almost never are. UMe confirms the loan terms with the listing agent, runs the assumption with the servicer, and connects buyers with lenders who write second loans behind an assumption when the seller's equity is more than their cash.
Verified in Farragut
Homes on the marketin Farragut.
FHA
Active
37$430,000$217,954 equity gap
- Rate
- 2.87%
7.40%today- Payment
- $987/mo
$1,648today
- 3beds
- 3baths
- 2,074sqft
8866 Brucewood Ln, Knoxville
VA
Active
39$565,000$358,359 equity gap
- Rate
- 3.35%
7.40%today- Payment
- $1,340/mo
$2,105today
- 4beds
- 3baths
- 2,389sqft
2626 Nicholas View Lane, Knoxville
FHA
Active
19$255,000$154,298 equity gap
- Rate
- 3.65%
7.40%today- Payment
- $530/mo
$802today
- 3beds
- 3baths
- 1,300sqft
1000 W Broadway St, Lenoir City
VA
Active
60$939,500$630,947 equity gap
- Rate
- 3.73%
7.40%today- Payment
- $1,926/mo
$2,887today
- 3beds
- 3baths
- 3,142sqft
2382 Misty Mountain Circle, Knoxville
VA
Active
59$595,000$7,948 equity gap
- Rate
- 6.10%
7.40%today- Payment
- $3,575/mo
$4,085today
- 3beds
- 3baths
- 2,754sqft
3205 Great Plains Lane, Knoxville
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Run the Farragut numbers
What an assumable ratedoes to a Farragut payment.
The sliders start at the median Farragut assumable listing: $552,400 list price and a 3.76% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$110,000
20% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Farragut
$2,210/mo
New loan at 7.20%$2,987
Assumed at 3.75%
$2,210
Every month$777
Over five years$46,613
Interest you never pay$385,74926-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Farragut listing on UMe shows the actual balance, rate, and payment.
How it works in Farragut
How to assumea mortgage in Farragut.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find a Farragut home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Farragut map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a Farragut payment written in a different decade.
Farragut questions
Assuming a mortgagein Farragut.
The numbers below come from current Farragut inventory and update as listings change.
All assumption FAQsAre there assumable homes for sale in Farragut?
As of October 2026, there are no verified assumable listings in Farragut. New assumable homes appear every week across Tennessee; save a search on the map and we will email you when one lands in Farragut.
What types of loans can be assumed in Farragut?
FHA, VA, and USDA mortgages are assumable by law and make up nearly all assumable listings in Tennessee. Conventional loans usually include a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan.
How long does a mortgage assumption take in Farragut?
Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Nearby markets
All of Tennessee More assumable homesin Tennessee.
Ready when you are
Stop overpaying for Farragut.The rate is already on the house.
Every listing on the Farragut map has a rate you can take over. Start with the ones in Farragut, get pre-qualified in minutes, and let UMe carry the assumption to closing.