When people dream of assuming a mortgage, they are typically hyper-focused on the interest rate. Low rates lead to lower payments, but there are some other important things to consider when shopping for homes that have assumable mortgages.

Buying the right home with an assumable mortgage can transform one's personal wealth as few investments can for most Americans. Still, there are some legitimate obstacles to be aware of. At Assumable Money, we believe education is the antidote to each of these items.

If placing a 42.5% lower down payment and obtaining a 22.5% lower monthly payment seems too good to be true, you must read this blog post! Scenarios like this are possible with homes with assumable mortgages and high loan balances. Check out this post and connect with us if you're interested.