Assumable homes for sale in Salton City, CA

10 homesFHA & VA loansrates from 3.55% vs 7.40% today

Salton City assumption guide

2490 Shore Jewel Avenue, Thermal, CA, 92274 — assumable FHA mortgage at 3.55%

FHA

Active

$274,900$104,338 equity gap

Rate: 3.55%; ~~7.40%~~today
Payment: $843/mo; ~~$1,292~~today

4beds
2baths
1,500sqft

2490 Shore Jewel Avenue, Thermal

2327 Sand Quill Avenue, Thermal, CA, 92274 — assumable VA mortgage at 4.16%

Active

$290,000$64,443 equity gap

Rate: 4.16%; ~~7.40%~~today
Payment: $1,195/mo; ~~$1,700~~today

4beds
2baths
1,568sqft

2327 Sand Quill Avenue, Thermal

1251 Barbara Avenue, Thermal, CA, 92274 — assumable FHA mortgage at 3.70%

FHA

Active

$320,000$188,459 equity gap

Rate: 3.70%; ~~7.40%~~today
Payment: $701/mo; ~~$1,054~~today

3beds
2baths
1,269sqft

1251 Barbara Avenue, Thermal

956 Brazil Avenue, Salton City, CA, 92274 — assumable FHA mortgage at 3.75%

FHA

Active

$274,999$200,487 equity gap

Rate: 3.75%; ~~7.40%~~today
Payment: $447/mo; ~~$674~~today

3beds
2baths
1,400sqft

956 Brazil Avenue, Salton City

2531 Butte Place, Thermal, CA, 92274 — assumable FHA mortgage at 4.03%

FHA

Active

$199,000$125,829 equity gap

Rate: 4.03%; ~~7.40%~~today
Payment: $423/mo; ~~$612~~today

3beds
2baths
1,152sqft

2531 Butte Place, Thermal

2668 Desert Drive, Thermal, CA, 92274 — assumable FHA mortgage at 6.94%

FHA

Active

$300,000$5,554 equity gap

Rate: 6.94%; ~~7.40%~~today
Payment: $1,993/mo; ~~$2,087~~today

3beds
2baths
1,282sqft

2668 Desert Drive, Thermal

1478 Gemini Avenue, Thermal, CA, 92274 — assumable VA mortgage at 6.15%

Active

$335,000$42,556 equity gap

Rate: 6.15%; ~~7.40%~~today
Payment: $1,796/mo; ~~$2,041~~today

3beds
2baths
1,460sqft

1478 Gemini Avenue, Thermal

1048 Sea Raider Avenue, Thermal, CA, 92274 — assumable FHA mortgage at 6.67%

FHA

Active

$265,000$61,075 equity gap

Rate: 6.67%; ~~7.40%~~today
Payment: $1,352/mo; ~~$1,455~~today

3beds
1baths
896sqft

1048 Sea Raider Avenue, Thermal

2675 Salton Bay Drive, Thermal, CA, 92274 — assumable FHA mortgage at 6.50%

FHA

Active

$219,900$219,900 equity gap

Rate: 6.50%; ~~7.40%~~today
Payment: $0/mo

2beds
2baths
1,152sqft

2675 Salton Bay Drive, Thermal

1426 Catalina Avenue, Salton City, CA, 92274 — assumable FHA mortgage at 7.09%

FHA

Active

$325,000$308,967 equity gap

Rate: 7.09%; ~~7.40%~~today
Payment: $118/mo; ~~$121~~today

3beds
3baths
1,690sqft

1426 Catalina Avenue, Salton City

Assuming a mortgage in Salton City

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: 3.55%
Lowest existing payment: $423 /mo
Median cash to assume: $115,083