Assumable homes for sale in Mountain Center, CA

3 homesFHA loansrates from 4.61% vs 7.40% today

Mountain Center assumption guide

35323 Five Mile Creek Road, Hemet, CA, 92544 — assumable FHA mortgage at 4.61%

FHA

Active

$660,000$309,264 equity gap

Rate: 4.61%; ~~7.40%~~today
Payment: $2,117/mo; ~~$2,855~~today

3beds
2baths
1,904sqft

35323 Five Mile Creek Road, Hemet

22901 Eagles Nest Drive, Idyllwild, CA, 92549 — assumable FHA mortgage at 6.51%

FHA

Active

$739,000$441,324 equity gap

Rate: 6.51%; ~~7.40%~~today
Payment: $3,443/mo; ~~$3,768~~today

6beds
5baths
3,861sqft

22901 Eagles Nest Drive, Idyllwild

25950 Lilac Drive, Idyllwild, CA, 92549 — assumable FHA mortgage at 7.15%

FHA

Active

$379,000$402,970 equity gap

Rate: 7.15%; ~~7.40%~~today
Payment: $789/mo; ~~$809~~today

3beds
2baths
1,120sqft

25950 Lilac Drive, Idyllwild

Assuming a mortgage in Mountain Center

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: 4.61%
Lowest existing payment: $789 /mo
Median cash to assume: $402,970