Assumable homes for sale in Salinas, CA

3 homesVA & FHA loansrates from 2.87% vs 7.40% today

Salinas assumption guide

931 Sage Court, Salinas, CA, 93905 — assumable VA mortgage at 2.87%

Active

$809,000$278,524 equity gap

Rate: 2.87%; ~~7.40%~~today
Payment: $2,474/mo; ~~$4,132~~today

4beds
3baths
1,806sqft

931 Sage Court, Salinas

1230 Paseo Grande, Salinas, CA, 93905 — assumable FHA mortgage at 2.98%

FHA

Active

$742,900$258,584 equity gap

Rate: 2.98%; ~~7.40%~~today
Payment: $2,292/mo; ~~$3,773~~today

4beds
2baths
1,277sqft

1230 Paseo Grande, Salinas

1960 Bradbury Street, Salinas, CA, 93906 — assumable VA mortgage at 6.67%

Active

$725,000$153,402 equity gap

Rate: 6.67%; ~~7.40%~~today
Payment: $3,717/mo; ~~$4,001~~today

3beds
3baths
1,397sqft

1960 Bradbury Street, Salinas

Assuming a mortgage in Salinas

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: 2.87%
Lowest existing payment: $2,292 /mo
Median cash to assume: $258,584