Griselda  Vargas

Griselda Vargas

Assumable homes for sale in Downey, CA

5 homesFHA loansrates from 3.97% vs 7.40% today

Downey assumption guide
5950 Imperial Highway #91, South Gate, CA, 90280 — assumable FHA mortgage at 5.25%
FHA
Active
31
$619,000$81,007 equity gap
Rate
5.25%
7.40%today
Payment
$3,174/mo
$3,979today
  • 3beds
  • 3baths
  • 1,540sqft

5950 Imperial Highway #91, South Gate

12268 Samoline Avenue, Downey, CA, 90242 — assumable FHA mortgage at 3.97%
FHA
Active
26
$1,300,000$959,983 equity gap
Rate
3.97%
7.40%today
Payment
$2,178/mo
$3,170today
  • 4beds
  • 2baths
  • 2,146sqft

12268 Samoline Avenue, Downey

9442 Van Ruiten Street, Bellflower, CA, 90706 — assumable FHA mortgage at 4.72%
FHA
Active
36
$800,000$302,006 equity gap
Rate
4.72%
7.40%today
Payment
$2,788/mo
$3,713today
  • 4beds
  • 2baths
  • 1,100sqft

9442 Van Ruiten Street, Bellflower

12045 Rives Avenue, Downey, CA, 90242 — assumable FHA mortgage at 6.20%
FHA
Active
26
$1,279,000$265,062 equity gap
Rate
6.20%
7.40%today
Payment
$6,345/mo
$7,172today
  • 5beds
  • 4baths
  • 2,186sqft

12045 Rives Avenue, Downey

10647 Garfield Avenue, South Gate, CA, 90280 — assumable FHA mortgage at 6.72%
FHA
Active
13
$18,000,000$17,988,843 equity gap
Rate
6.72%
7.40%today
Payment
$462/mo
$495today
  • —beds
  • —baths
  • 75,000sqft

10647 Garfield Avenue, South Gate

Assuming a mortgage in Downey

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
3.97%
Lowest existing payment
$462 /mo
Median cash to assume
$283,534
Griselda  Vargas

Griselda Vargas

Realtor License: SA700563000

Realty One Group

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Realty One Group 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.