Griselda  Vargas

Griselda Vargas

Assumable homes for sale in Morgan Hill, CA

3 homesFHA & VA loansrates from 3.05% vs 7.40% today

Morgan Hill assumption guide
16772 San Luis Way, Morgan Hill, CA, 95037 — assumable FHA mortgage at 3.05%
FHA
Active
19
$959,000$264,797 equity gap
Rate
3.05%
7.40%today
Payment
$3,303/mo
$5,389today
  • 3beds
  • 3baths
  • 1,932sqft

16772 San Luis Way, Morgan Hill

844 Black Walnut Way, Morgan Hill, CA, 95037 — assumable VA mortgage at 3.36%
VA
Active
35
$2,180,000$1,140,056 equity gap
Rate
3.36%
7.40%today
Payment
$5,314/mo
$8,337today
  • 5beds
  • 4baths
  • 3,573sqft

844 Black Walnut Way, Morgan Hill

16835 Sorrel Way, Morgan Hill, CA, 95037 — assumable FHA mortgage at 6.27%
FHA
Active
24
$889,000$48,617 equity gap
Rate
6.27%
7.40%today
Payment
$5,399/mo
$6,059today
  • 3beds
  • 2baths
  • 1,674sqft

16835 Sorrel Way, Morgan Hill

Assuming a mortgage in Morgan Hill

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
3.05%
Lowest existing payment
$3,303 /mo
Median cash to assume
$264,797
Griselda  Vargas

Griselda Vargas

Realtor License: SA700563000

Realty One Group

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Equal Housing Opportunity

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.