FHA
Active
31$295,000$112,709 equity gap
- Rate
- 2.94%
7.40%today- Payment
- $863/mo
$1,428today
- 3beds
- 2baths
- 1,600sqft
Old Fort, Tennessee
Assumable homes for salein Old Fort, Tennessee.
1 home in Old Fort carries an existing FHA, VA, or USDA loan you can take over, with locked rates from 6.10%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Old Fort assumable market
by the numbers.
1active assumable listing
6.10%lowest locked rate
$399kmedian list price
$345saved per month vs. 7.2%
About the market
Assumable mortgagesin Old Fort, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Tennessee, filtered to Old Fort. Updated September 2026.
How assumptions work for buyersOld Fort, Tennessee has 1 home for sale with an assumable mortgage as of September 2026: 1 VA loan that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Old Fort assumable listings start at 6.10% with a median of 6.10%; 0 listings are under 4% and 0 are under 5%.
The median assumable home in Old Fort lists for $399,000, with a median of $36,117 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $2,212 a month versus $2,557 for the same balance at today's rate, roughly $345 kept every month and $4,144 a year. The most active Old Fort ZIP codes are 37362 (1).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Old Fort assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Old Fort
View all 1 on the map Homes on the marketin Old Fort.
FHA
Active
43$499,900$285,756 equity gap
- Rate
- 2.74%
7.40%today- Payment
- $1,001/mo
$1,700today
- 3beds
- 2baths
- 2,340sqft
165 Savannah Ridge Trl, Cleveland
FHA
Active
34$295,500$125,876 equity gap
- Rate
- 2.93%
7.40%today- Payment
- $800/mo
$1,326today
- 2beds
- 3baths
- 1,471sqft
643 Bellingham Dr, Cleveland
FHA
Active
9$195,000$113,685 equity gap
- Rate
- 3.05%
7.40%today- Payment
- $384/mo
$627today
- 3beds
- 2baths
- 1,792sqft
2211 Horns Creek Rd, Ocoee
FHA
Active
29$435,000$404,603 equity gap
- Rate
- 3.10%
7.40%today- Payment
- $152/mo
$241today
- 3beds
- 4baths
- 3,101sqft
159 Dogwood Trail, Cleveland
FHA
Active
17$259,000$129,723 equity gap
- Rate
- 3.18%
7.40%today- Payment
- $644/mo
$1,033today
- 3beds
- 2baths
- 1,154sqft
250 Royal Dr, Cleveland
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.
Inventory snapshot
What’s in the mixin Old Fort.
Live counts from the MLS feeds we index for Tennessee. Updated September 2026.
- Active listings
- 1
- UMe Certified / verified
- 0
- Lowest rate
- 6.10%
- Median rate
- 6.10%
- Median list price
- $399,000
- Median cash to assume
- $36,117
Old Fort listings by locked rate
- Under 4%0 homes
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up1 home
Old Fort listings by loan type
- VA1 homemedian 6.10%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Old Fort ZIP code.
Each ZIP opens the Old Fort map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Old Fort numbers
What an assumable ratedoes to an Old Fort payment.
The sliders start at the median Old Fort assumable listing: $399,000 list price and a 6.10% 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)$35,000
9% 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 Old Fort
$2,336/mo
New loan at 7.20%$2,478
Assumed at 6.10%
$2,336
Every month$142
Over five years$8,523
Interest you never pay$163,24426-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 Old Fort listing on UMe shows the actual balance, rate, and payment.
How it works in Old Fort
How to assumea mortgage in Old Fort.
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 an Old Fort home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Old Fort 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, a median of $36,117 in Old Fort today. 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 an Old Fort payment written in a different decade.
Old Fort questions
Assuming a mortgagein Old Fort.
The numbers below come from current Old Fort inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Old Fort?
As of September 2026, UMe tracks 1 active assumable listing in Old Fort. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Old Fort?
Current Old Fort inventory breaks down as VA (1, median 6.10%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Old Fort?
The lowest rate on an active Old Fort assumable listing is 6.10%, and the median across all 1 listing is 6.10%. 0 listings are under 4% and 0 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Old Fort?
Across current Old Fort listings, the median principal-and-interest payment on the assumable loan is $2,212 per month versus $2,557 for the same balance at today's rates, a difference of about $345 every month, or $4,144 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Old Fort?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Old Fort that gap is currently a median of $36,117 on a median list price of $399,000. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Old Fort ZIP codes have the most assumable homes?
The Old Fort ZIP codes with the most active assumable listings are 37362 (1). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Old Fort?
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 Old Fort.The rate is already on the house.
Every listing on the Old Fort map has a rate you can take over. Start with the ones in Old Fort, get pre-qualified in minutes, and let UMe carry the assumption to closing.