Assumable homes for sale in Montebello, CA

3 homesFHA loansrates from 5.52% vs 7.40% today

Montebello assumption guide

1620 Neil Armstrong Street #203, Montebello, CA, 90640 — assumable FHA mortgage at 5.52%

FHA

Active

$498,888$43,024 equity gap

Rate: 5.52%; ~~7.40%~~today
Payment: $2,759/mo; ~~$3,357~~today

3beds
2baths
1,302sqft

1620 Neil Armstrong Street #203, Montebello

1248 Poppy Court, Montebello, CA, 90640 — assumable FHA mortgage at 6.49%

FHA

Active

$1,048,000$119,275 equity gap

Rate: 6.49%; ~~7.40%~~today
Payment: $6,003/mo; ~~$6,583~~today

4beds
4baths
2,142sqft

1248 Poppy Court, Montebello

1710 Mountain Terrace, Montebello, CA, 90640 — assumable FHA mortgage at 6.51%

FHA

Active

$620,000$494,329 equity gap

Rate: 6.51%; ~~7.40%~~today
Payment: $12,945/mo; ~~$13,007~~today

3beds
3baths
1,585sqft

1710 Mountain Terrace, Montebello

Assuming a mortgage in Montebello

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: 5.52%
Lowest existing payment: $2,759 /mo
Median cash to assume: $119,275