10/23/2026
Is an assumable home a fit for you? It often makes the most sense if:
π° You've saved 10β20% or more for a down payment
π Today's ~7.25% rates pushed your monthly payment out of reach
π§Ύ You have steady, documentable income and manageable debt (the servicer reviews DTI and credit)
β³ You can plan for a 45β60 day process
If that sounds like you, your savings can cover a big piece of the cash gap, and a second loan can bridge the rest while most of your debt stays at a 2β5% rate.
Illustrative: with 20% saved on a $350,000 home ($235,000 assumed at 2.75% + $45,000 second at 8.25%), the blended rate is about 3.63% and the payment is about $1,297/mo P&I, versus about $1,910/mo on a new 7.25% loan.
Everything's in my free guide, "Priced Out No More: How to Buy a Home at a 2-5% Interest Rate": https://realestatewithak.com/ask/cfd73f3c290272e756befdaa31493832
And if an assumable isn't right for you, I'll tell you honestly. [email protected] | (804) 587-8388
Not a lender. Not financial advice. Illustrative estimates; P&I only, 30-yr terms. eXp Realty. Equal Housing Opportunity.