I Inherited a House With a $300,000 Mortgage at 3.5%. Assuming the Loan Instead of Refinancing Could Save Me Up to $7,700 a Year.

Inheriting a house with a mortgage may give you the opportunity to keep the existing loan and its interest rate instead of refinancing. Federal protections allow certain heirs and successors to take ownership without triggering the mortgage’s due-on-sale clause. If you inherit a $300,000 mortgage at 3.5%, keeping that rate could be especially valuable when […] The post I Inherited a House With a $300,000 Mortgage at 3.5%.