FHA
Active
47$264,000$61,902 down
- Rate
- 3.12%
6.95%today- Payment
- $963/mo
$1,488today
- 2beds
- 2baths
- 928sqft
Crestone, Colorado
Assumable homes for salein Crestone, Colorado.
5 homes in Crestone carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 3.12%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Crestone assumable market
by the numbers.
5active assumable listings
3.12%lowest locked rate
$389kmedian list price
$423saved per month vs. 7.2%
About the market
Assumable mortgagesin Crestone, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Colorado, filtered to Crestone. Updated September 2026.
How assumptions work for buyersCrestone, Colorado has 5 homes for sale with an assumable mortgage as of September 2026: 3 VA loans and 2 FHA 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 Crestone assumable listings start at 3.12% with a median of 6.69%; 1 listing is under 4% and 1 is under 5%.
The median assumable home in Crestone lists for $389,000, with a median of $38,851 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 $2,088 a month versus $2,511 for the same balance at today's rate, roughly $423 kept every month and $5,071 a year. The most active Crestone ZIP codes are 81131 (5).
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 Crestone assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Crestone
View all 5 on the map Homes on the marketin Crestone.
VA
Active
30$399,000$37,076 down
- Rate
- 5.00%
6.95%today- Payment
- $2,088/mo
$2,575today
- 3beds
- 2baths
- 1,170sqft
3538 Camino Del Rey, Crestone
VA
Active
44$399,000$29,910 down
- Rate
- 6.69%
6.95%today- Payment
- $2,424/mo
$2,489today
- 4beds
- 3baths
- 1,600sqft
2720 Carefree Way, Crestone
FHA
Active
50$389,000$39,793 down
- Rate
- 7.62%
6.95%today- Payment
- $2,535/mo
$2,372today
- 4beds
- 2baths
- 1,728sqft
296 Palomino Way, Crestone
VA
Active
35$383,900$105,614 down
- Rate
- 6.71%
6.95%today- Payment
- $1,860/mo
$1,906today
- 3beds
- 2baths
- 1,650sqft
323 Holiday Overlook Circle, Crestone
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 Crestone.
Live counts from the MLS feeds we index for Colorado. Updated September 2026.
- Active listings
- 5
- UMe Certified / verified
- 0
- Lowest rate
- 3.12%
- Median rate
- 6.69%
- Median list price
- $389,000
- Median cash to assume
- $38,851
Crestone listings by locked rate
- Under 4%1 home
- 4% – 5%0 homes
- 5% – 6%1 home
- 6% and up3 homes
Crestone listings by loan type
- VA3 homesmedian 6.69%
- FHA2 homesmedian 5.37%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Crestone ZIP code.
Each ZIP opens the Crestone map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Crestone numbers
What an assumable ratedoes to a Crestone payment.
The sliders start at the median Crestone assumable listing: $389,000 list price and a 6.69% 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)$40,000
10% 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 Crestone
$2,372/mo
New loan at 7.20%$2,376
Assumed at 6.70%
$2,372
Every month$4
Over five years$248
Interest you never pay$115,32826-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 Crestone listing on UMe shows the actual balance, rate, and payment.
How it works in Crestone
How to assumea mortgage in Crestone.
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 Crestone home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Crestone 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 $38,851 in Crestone 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 Crestone payment written in a different decade.
Crestone questions
Assuming a mortgagein Crestone.
The numbers below come from current Crestone inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Crestone?
As of September 2026, UMe tracks 5 active assumable listings in Crestone. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Crestone?
Current Crestone inventory breaks down as VA (3, median 6.69%) and FHA (2, median 5.37%). 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 Crestone?
The lowest rate on an active Crestone assumable listing is 3.12%, and the median across all 5 listings is 6.69%. 1 listing is under 4% and 1 is under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Crestone?
Across current Crestone listings, the median principal-and-interest payment on the assumable loan is $2,088 per month versus $2,511 for the same balance at today's rates, a difference of about $423 every month, or $5,071 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 Crestone?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Crestone that gap is currently a median of $38,851 on a median list price of $389,000. 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 Crestone ZIP codes have the most assumable homes?
The Crestone ZIP codes with the most active assumable listings are 81131 (5). 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 Crestone?
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 Colorado More assumable homesin Colorado.
Ready when you are
Stop overpaying for Crestone.The rate is already on the house.
Every listing on the Crestone map has a rate you can take over. Start with the ones in Crestone, get pre-qualified in minutes, and let UMe carry the assumption to closing.
