Assumable homes for sale in Modesto, CA

3 homesVA & FHA loansrates from 3.26% vs 7.40% today

Modesto assumption guide

1417 Cherrywood Drive, Modesto, CA, 95350 — assumable VA mortgage at 3.26%

Active

$429,900$158,710 equity gap

Rate: 3.26%; ~~7.40%~~today
Payment: $1,365/mo; ~~$2,169~~today

3beds
2baths
1,371sqft

1417 Cherrywood Drive, Modesto

2716 Dania Ct, Modesto, CA, 95358 — assumable VA mortgage at 6.67%

Active

$505,000$25,001 equity gap

Rate: 6.67%; ~~7.40%~~today
Payment: $3,122/mo; ~~$3,360~~today

3beds
2baths
1,506sqft

2716 Dania Ct, Modesto

Northridge Drive, Modesto, CA, 95350 — assumable FHA mortgage at 6.50%

FHA

Active

$549,000$147,763 equity gap

Rate: 6.50%; ~~7.40%~~today
Payment: $2,788/mo; ~~$3,024~~today

4beds
2baths
1,847sqft

Northridge Drive, Modesto

Assuming a mortgage in Modesto

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: 3.26%
Lowest existing payment: $1,365 /mo
Median cash to assume: $147,763