Assumable homes for sale in Ardmore, AL

1 homeFHA loansrates from 4.16% vs 7.40% today

Ardmore assumption guide

129 Edgebrook Dr, Ardmore, AL, 35739 — assumable FHA mortgage at 4.16%

FHA

Active

$384,900$142,771 equity gap

Rate: 4.16%; ~~7.40%~~today
Payment: $1,285/mo; ~~$1,828~~today

4beds
2baths
2,050sqft

129 Edgebrook Dr, Ardmore

Assuming a mortgage in Ardmore

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: 4.16%
Lowest existing payment: $1,285 /mo
Median cash to assume: $142,771