3.06% FHA
$165,000
$751/mo
2295 North Street
Ely, NV
2 bd1 ba990 sqft
Ely, Nevada
Keep the rate.
Buy the home in Ely.
7 assumable homes for sale in Ely, with locked rates from 3.06%. Take over the seller’s existing FHA, VA, or USDA loan instead of financing at today’s 7.2%.
Median assumable rate
6.43%
vs 7.2% market
$580/mo saved
Median locked rate
6.43%
Across 7 assumable listings
Typical monthly savings
$580
On a $299,500 home vs 7.2%
Certified listings
0
Loan terms confirmed with the listing agent
Loan types
FHA · VA
Government-backed loans are assumable by law
Verified in Ely
Homes with a rate worth keeping
3.08% FHA
$299,500
$899/mo
734 104th Street
Ely, NV
3 bd2 ba1,440 sqft
6.50% VA
$389,000
$2,351/mo
1062 West 328th North Street
Ely, NV
4 bd2 ba1,848 sqft
6.99% FHA
$265,000
$1,553/mo
1265 Avenue C
Ely, NV
3 bd2 ba1,540 sqft
6.87% FHA
$175,000
$95/mo
747 Avenue D
Ely, NV
3 bd1 ba1,148 sqft
Inventory snapshot
What’s assumable in Ely right now
Live counts from the MLS feeds we index for Nevada. Updated September 2026.
- Active listings
- 7
- Certified / verified
- 0
- Lowest rate
- 3.06%
- Median rate
- 6.43%
- Median list price
- $299,500
- Median cash to assume
- $56,076
Listings by locked rate
- Under 4%3 homes
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up4 homes
Listings by loan type
- FHA4 homesmedian 4.97%
- VA3 homesmedian 6.43%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homes by Ely ZIP code
Nearby markets
More assumable homes in Nevada
- Las Vegas1,087
- North Las Vegas377
- Henderson296
- Pahrump114
- Laughlin13
- Boulder City7
- Indian Springs7
- Mesquite7
- Logandale4
- Overton2
- Alamo1
- Cold Creek1
- Jean1
- Moapa1
- Sandy Valley1
- Tonopah1
- Amargosa Valley
- Beatty
- Blue Diamond
- Cal Nev Ari
- Caliente
- Carson City
- Dyer
- Elko
Run your numbers
The cost of waiting in Ely.
A 7.2% new loan against an assumable one at 6.43%, same balance, 30 years.
You keep every month
$123/mo
Over a year$1,478
Monthly payment, side by side
7.2% vs 6.43%
How an assumption works
Three steps. One lower payment.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written.
- 01
Find a locked rate
Every listing here carries an existing FHA, VA, or USDA loan you can take over. Filter by rate, payment, or down payment.
- 02
Qualify with the servicer
You apply with the current lender, not a new one. Our team handles the paperwork and the timeline.
- 03
Close and keep the rate
The seller’s balance, rate, and remaining term become yours. No points, no rate shopping, no reset to 30 years.
Questions
Assuming a mortgage in Ely
Numbers below come from current Ely inventory and update as listings change.
- How many assumable homes are for sale in Ely?
- As of September 2026, UMe tracks 7 active assumable listings in Ely. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
- What types of assumable loans are available in Ely?
- Current Ely inventory breaks down as FHA (4, median 4.97%) and VA (3, median 6.43%). 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 Ely right now?
- The lowest rate on an active Ely assumable listing is 3.06%, and the median across all 7 listings is 6.43%. 3 listings are under 4% and 3 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 Ely?
- Across current Ely listings, the median principal-and-interest payment on the assumable loan is $899 per month versus $1,479 for the same balance at today's rates, a difference of about $580 every month, or $6,958 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 Ely?
- When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Ely that gap is currently a median of $56,076 on a median list price of $299,500. 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 Ely ZIP codes have the most assumable homes?
- The Ely ZIP codes with the most active assumable listings are 89301 (5) and 89317 (2). 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 Ely?
- 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.
Ready when you are
Stop overpaying for Ely.
Every listing on the map has a rate you can take over. Start with the ones in Nevada, or list your own low-rate loan and let buyers come to you.
