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Assumable homes for sale in Canyon Lake, CA

22 homesFHA & VA loansrates from 2.65% vs 7.32% today

Canyon Lake assumption guide
24458 Preston Court, Lake Elsinore, CA, 92532 — assumable VA mortgage at 2.77%
VA
Active
31
$699,900$201,850 equity gap
Rate
2.77%
7.32%today
Payment
$2,292/mo
$3,847today
  • 4beds
  • 3baths
  • 2,979sqft

24458 Preston Court, Lake Elsinore

34292 Chaparossa, Lake Elsinore, CA, 92532 — assumable VA mortgage at 3.05%
VA
Active
57
$619,000$128,824 equity gap
Rate
3.05%
7.32%today
Payment
$2,322/mo
$3,759today
  • 4beds
  • 3baths
  • 2,620sqft

34292 Chaparossa, Lake Elsinore

34285 Canyon Rim Drive, Lake Elsinore, CA, 92532 — assumable FHA mortgage at 2.90%
FHA
Active
75
$599,000$209,993 equity gap
Rate
2.90%
7.32%today
Payment
$1,872/mo
$3,089today
  • 5beds
  • 3baths
  • 2,108sqft

34285 Canyon Rim Drive, Lake Elsinore

28825 Avenida Estrella, Menifee, CA, 92587 — assumable FHA mortgage at 2.98%
FHA
Active
34
$512,000$177,546 equity gap
Rate
2.98%
7.32%today
Payment
$1,590/mo
$2,597today
  • 3beds
  • 2baths
  • 1,512sqft

28825 Avenida Estrella, Menifee

30505 Canyon Hills #2504, Lake Elsinore, CA, 92532 — assumable VA mortgage at 2.65%
VA
Active
42
$419,888$174,764 equity gap
Rate
2.65%
7.32%today
Payment
$1,134/mo
$1,934today
  • 2beds
  • 3baths
  • 1,274sqft

30505 Canyon Hills #2504, Lake Elsinore

35418 Coyote Creek Court, Lake Elsinore, CA, 92532 — assumable FHA mortgage at 2.77%
FHA
Active
39
$610,000$251,141 equity gap
Rate
2.77%
7.32%today
Payment
$1,687/mo
$2,831today
  • 4beds
  • 3baths
  • 2,486sqft

35418 Coyote Creek Court, Lake Elsinore

24464 Paxton, Lake Elsinore, CA, 92532 — assumable FHA mortgage at 2.99%
FHA
Active
20
$640,000$272,255 equity gap
Rate
2.99%
7.32%today
Payment
$1,746/mo
$2,848today
  • 4beds
  • 3baths
  • 2,979sqft

24464 Paxton, Lake Elsinore

24763 Silver Stone Court, Menifee, CA, 92584 — assumable VA mortgage at 3.03%
VA
Active
53
$770,000$360,709 equity gap
Rate
3.03%
7.32%today
Payment
$2,002/mo
$3,249today
  • 4beds
  • 4baths
  • 2,655sqft

24763 Silver Stone Court, Menifee

22976 Blue Bird, Canyon Lake, CA, 92587 — assumable FHA mortgage at 3.33%
FHA
Active
38
$599,900$225,821 equity gap
Rate
3.33%
7.32%today
Payment
$1,901/mo
$2,971today
  • 2beds
  • 2baths
  • 1,890sqft

22976 Blue Bird, Canyon Lake

24251 Lilac Lane, Lake Elsinore, CA, 92532 — assumable VA mortgage at 3.13%
VA
Active
47
$525,000$214,176 equity gap
Rate
3.13%
7.32%today
Payment
$1,505/mo
$2,412today
  • 3beds
  • 3baths
  • 1,805sqft

24251 Lilac Lane, Lake Elsinore

23553 Lucas, Menifee, CA, 92587 — assumable FHA mortgage at 3.26%
FHA
Active
29
$379,900$154,974 equity gap
Rate
3.26%
7.32%today
Payment
$1,130/mo
$1,781today
  • 3beds
  • 2baths
  • 1,120sqft

23553 Lucas, Menifee

24248 Lilac Lane, Lake Elsinore, CA, 92532 — assumable VA mortgage at 6.54%
VA
Active
30
$539,000Potential short sale
Rate
6.54%
7.32%today
Payment
$3,533/mo
$3,824today
  • 3beds
  • 3baths
  • 1,805sqft

24248 Lilac Lane, Lake Elsinore

23618 Fair Weather, Canyon Lake, CA, 92587 — assumable FHA mortgage at 5.30%
FHA
Active
34
$649,999$158,703 equity gap
Rate
5.30%
7.32%today
Payment
$2,904/mo
$3,593today
  • 3beds
  • 2baths
  • 1,527sqft

23618 Fair Weather, Canyon Lake

28395 Connecticut Dr, Menifee, CA, 92587 — assumable VA mortgage at 6.58%
VA
Active
54
$579,999$31,527 equity gap
Rate
6.58%
7.32%today
Payment
$3,524/mo
$3,799today
  • 3beds
  • 2baths
  • 1,344sqft

28395 Connecticut Dr, Menifee

29760 Eagle Point Drive, Canyon Lake, CA, 92587 — assumable VA mortgage at 7.09%
VA
Active
44
$739,999$56,057 equity gap
Rate
7.09%
7.32%today
Payment
$4,698/mo
$4,807today
  • 4beds
  • 3baths
  • 1,923sqft

29760 Eagle Point Drive, Canyon Lake

23545 Norma, Menifee, CA, 92587 — assumable VA mortgage at 7.12%
VA
Active
17
$365,000$34,356 equity gap
Rate
7.12%
7.32%today
Payment
$2,295/mo
$2,342today
  • 2beds
  • 1baths
  • 887sqft

23545 Norma, Menifee

28720 Williams, Canyon Lake, CA, 92587 — assumable FHA mortgage at 7.08%
FHA
Active
18
$450,000$83,030 equity gap
Rate
7.08%
7.32%today
Payment
$2,568/mo
$2,630today
  • 2beds
  • 1baths
  • 1,008sqft

28720 Williams, Canyon Lake

23781 Casa Bonita Ave, Menifee, CA, 92587 — assumable FHA mortgage at 5.11%
FHA
Active
43
$475,000$215,403 equity gap
Rate
5.11%
7.32%today
Payment
$1,510/mo
$1,908today
  • 3beds
  • 2baths
  • 1,400sqft

23781 Casa Bonita Ave, Menifee

24524 Division, Menifee, CA, 92584 — assumable VA mortgage at 5.25%
VA
Active
62
$699,000Potential short sale
Rate
5.25%
7.32%today
Payment
$4,274/mo
$5,316today
  • 5beds
  • 3baths
  • 2,921sqft

24524 Division, Menifee

23701 Norma, Canyon Lake, CA, 92587 — assumable FHA mortgage at 5.81%
FHA
Active
8
$425,000$128,274 equity gap
Rate
5.81%
7.32%today
Payment
$1,846/mo
$2,158today
  • 2beds
  • 1baths
  • 877sqft

23701 Norma, Canyon Lake

10 Villa Valtelena, Lake Elsinore, CA, 92532 — assumable FHA mortgage at 6.26%
FHA
Active
43
$650,000$240,306 equity gap
Rate
6.26%
7.32%today
Payment
$2,553/mo
$2,845today
  • 5beds
  • 3baths
  • 2,589sqft

10 Villa Valtelena, Lake Elsinore

10 Villa Valtelena, Lake Elsinore, CA, 92532 — assumable FHA mortgage at 6.63%
FHA
Active
43
$650,000$240,006 equity gap
Rate
6.63%
7.32%today
Payment
$2,653/mo
$2,845today
  • 5beds
  • 3baths
  • 2,589sqft

10 Villa Valtelena, Lake Elsinore

Assuming a mortgage in Canyon Lake

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 7.32%), so you can see the saving before you tour.

Lowest existing rate
2.65%
Lowest existing payment
$1,130 /mo
Median cash to assume
$177,546
Equal Housing Opportunity

UMe is committed to and abides by the Fair Housing Act and Equal Opportunity. Listing data is refreshed daily from participating MLS feeds; existing loan terms are estimates until verified with the servicer.

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