FHA
Active
33$299,900$32,534 equity gap
- Rate
- 7.49%
7.40%today- Payment
- $1,920/mo
$1,903today
- 3beds
- 2baths
- 1,373sqft
Assumable homes for sale in Lexington, AL
2 homesFHA & VA loansrates from 6.50% vs 7.40% today
Lexington assumption guide
VA
Active
23$99,000Potential short sale
- Rate
- 6.50%
7.40%today- Payment
- $733/mo
$803today
- 3beds
- 1baths
- 1,206sqft
404 McMurtrey St, Saint Joseph
Assuming a mortgage in Lexington
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 7.40%), so you can see the saving before you tour.
- Lowest existing rate
- 6.50%
- Lowest existing payment
- $733 /mo
- Median cash to assume
- $32,534