Wondering about the mortgage details on a home you are considering? Obtaining transparent financial information about a specific home can be challenging....if not impossible.
With AssumeList, we make it our mission to empower you...the home buyer, investor, or agent.
When you browse assumable listings on our site, you'll find insightful data on:
- Loan Balance: Users can easily find the most accurate estimate of a property's current loan balance. We coordinate with multiple sources so that the information displayed can be relied on. We understand how important loan balance is in determining down payment requirements or if a second mortgage is needed when pursuing an assumable loan purchase.
- Interest Rate: AssumeList lets you analyze property affordability and savings by providing the most valuable piece of information when pursuing an assumable mortgage: the interest rate. Please note the stated Interest rate is an estimate based on the prevailing market rate at the time the home was purchased (or date of most recent refinance). The displayed rate should be accurate to within +/- 0.5% of a home's actual rate, although in most cases the rate shown is accurate to within +/- 0.25% of the actual rate. Additional variation may occur based on homeowner's credit rating and/or rate buy down.
- Mortgage Payment: There's no better way to understand what your monthly savings can be than knowing the current owner's monthly mortgage payment. Actual mortgage payment data is known only by the homeowner and lender, however AssumeList provides an accurate estimate of the mortgage payment to help determine the viability of a loan assumption versus taking out a new mortgage.
Overall, AssumeList goes the extra mile to equip buyers with the best possible financial data.
The result? We provide the most comprehensive mortgage insights anywhere available on assumable homes so you can make the best decision possible in finding the perfect assumable home for you!
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