VA
Active
86$649,900$525,038 down
- Rate
- 2.66%
6.95%today- Payment
- $1,667/mo
$2,394today
- 3beds
- 3baths
- 2,424sqft
Payson, Arizona
Assumable homes for salein Payson, Arizona.
18 homes in Payson carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.66%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Payson assumable market
by the numbers.
18active assumable listings
2.66%lowest locked rate
$395kmedian list price
$382saved per month vs. 7.2%
About the market
Assumable mortgagesin Payson, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Arizona, filtered to Payson. Updated September 2026.
How assumptions work for buyersPayson, Arizona has 18 homes for sale with an assumable mortgage as of September 2026: 9 FHA loans and 9 VA loans that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Payson assumable listings start at 2.66% with a median of 6.00%; 8 listings are under 4% and 8 are under 5%.
The median assumable home in Payson lists for $395,000, with a median of $128,618 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $1,554 a month versus $1,936 for the same balance at today's rate, roughly $382 kept every month and $4,587 a year. The most active Payson ZIP codes are 85541 (18).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Payson assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Payson
View all 18 on the map Homes on the marketin Payson.
FHA
Active
47$480,000$202,122 down
- Rate
- 2.68%
6.95%today- Payment
- $1,272/mo
$2,081today
- 3beds
- 3baths
- 2,174sqft
310 TRAILWOOD Road, Payson
FHA
Active
81$449,000$192,347 down
- Rate
- 2.68%
6.95%today- Payment
- $1,192/mo
$1,950today
- 3beds
- 4baths
- 2,096sqft
800 MONTANA Drive, Payson
VA
Active
10$275,000$110,281 down
- Rate
- 3.11%
6.95%today- Payment
- $780/mo
$1,208today
- 2beds
- 2baths
- 1,334sqft
1103 BIRCHWOOD Road, Payson
FHA
Active
34$599,999$306,647 down
- Rate
- 3.33%
6.95%today- Payment
- $1,484/mo
$2,235today
- 5beds
- 3baths
- 2,395sqft
304 RYAN Drive, Payson
FHA
Active
30$299,000$132,934 down
- Rate
- 3.45%
6.95%today- Payment
- $854/mo
$1,267today
- 4beds
- 2baths
- 1,455sqft
207 AERO Drive, Payson
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin Payson.
Live counts from the MLS feeds we index for Arizona. Updated September 2026.
- Active listings
- 18
- UMe Certified / verified
- 0
- Lowest rate
- 2.66%
- Median rate
- 6.00%
- Median list price
- $395,000
- Median cash to assume
- $128,618
Payson listings by locked rate
- Under 4%8 homes
- 4% – 5%0 homes
- 5% – 6%1 home
- 6% and up9 homes
Payson listings by loan type
- FHA9 homesmedian 6.73%
- VA9 homesmedian 5.27%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Payson ZIP code.
Each ZIP opens the Payson map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Payson numbers
What an assumable ratedoes to a Payson payment.
The sliders start at the median Payson assumable listing: $395,000 list price and a 6.00% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$130,000
33% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Payson
$1,679/mo
New loan at 7.20%$1,799
Assumed at 6.00%
$1,679
Every month$120
Over five years$7,173
Interest you never pay$123,64026-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Payson listing on UMe shows the actual balance, rate, and payment.
How it works in Payson
How to assumea mortgage in Payson.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find a Payson home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Payson map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $128,618 in Payson today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a Payson payment written in a different decade.
Payson questions
Assuming a mortgagein Payson.
The numbers below come from current Payson inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Payson?
As of September 2026, UMe tracks 18 active assumable listings in Payson. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Payson?
Current Payson inventory breaks down as FHA (9, median 6.73%) and VA (9, median 5.27%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Payson?
The lowest rate on an active Payson assumable listing is 2.66%, and the median across all 18 listings is 6.00%. 8 listings are under 4% and 8 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Payson?
Across current Payson listings, the median principal-and-interest payment on the assumable loan is $1,554 per month versus $1,936 for the same balance at today's rates, a difference of about $382 every month, or $4,587 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Payson?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Payson that gap is currently a median of $128,618 on a median list price of $395,000. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Payson ZIP codes have the most assumable homes?
The Payson ZIP codes with the most active assumable listings are 85541 (18). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Payson?
Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Nearby markets
All of Arizona More assumable homesin Arizona.
Ready when you are
Stop overpaying for Payson.The rate is already on the house.
Every listing on the Payson map has a rate you can take over. Start with the ones in Payson, get pre-qualified in minutes, and let UMe carry the assumption to closing.
