Assumable homes for sale in Descanso, CA

1 homeFHA loansrates from 3.00% vs 7.32% today

Descanso assumption guide

9421 Elm Dr, Descanso, CA, 91916 — assumable FHA mortgage at 3.00%

FHA

Active

$649,000$274,469 equity gap

Rate: 3.00%; ~~7.32%~~today
Payment: $1,780/mo; ~~$2,900~~today

3beds
2baths
1,064sqft

9421 Elm Dr, Descanso

Assuming a mortgage in Descanso

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 7.32%), so you can see the saving before you tour.

Lowest existing rate: 3.00%
Lowest existing payment: $1,780 /mo
Median cash to assume: $274,469