What’s the downside of an assumable mortgage with a 2.5% interest rate? The house only costs $350,000.

“My friend’s son and his fiancée found a house with an assumable mortgage at 2.5%.”

Jun 26, 2025 - 16:52
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What’s the downside of an assumable mortgage with a 2.5% interest rate? The house only costs $350,000.
“My friend’s son and his fiancée found a house with an assumable mortgage at 2.5%.”