FHA
Active
39$375,000$67,600 equity gap
- Rate
- 6.35%
7.40%today- Payment
- $1,955/mo
$2,175today
- 3beds
- 2baths
- 1,746sqft
Assumable homes for sale in Michie, TN
3 homesFHA loansrates from 5.23% vs 7.40% today
Michie assumption guide
FHA
Active
31$268,000$44,519 equity gap
- Rate
- 6.39%
7.40%today- Payment
- $1,453/mo
$1,610today
- 3beds
- 2baths
- 2,068sqft
8809 Hwy 22, Michie
FHA
Active
38$240,000$5,328 equity gap
- Rate
- 5.23%
7.40%today- Payment
- $1,380/mo
$1,734today
- 4beds
- 2baths
- 1,815sqft
292 MICHIE PEBBLE HILL RD, Stantonville
Assuming a mortgage in Michie
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
- 5.23%
- Lowest existing payment
- $1,380 /mo
- Median cash to assume
- $44,519