assumable

American  

[uh-soo-muh-buhl] / əˈsu mə bəl /

adjective

1. capable of being assumed, as an office or an obligation.

   Assumable mortgages are hard to find these days.

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Other Word Forms

• assumability noun
• assumably adverb
• unassumable adjective

Etymology

Origin of assumable

First recorded in 1775–85; assume + -able

Example Sentences

And the White House, which oversees Fannie Mae and Freddie Mac — the two enterprises that back most U.S. mortgages — continues to push the idea of portable and assumable mortgages.

From Los Angeles Times • Jan. 26, 2026

The only solutions he mentioned were assumable mortgages and portable mortgages.

From Los Angeles Times • Nov. 18, 2025

If, for example, someone had taken out an assumable loan at a 3% mortgage rate, that lower financing cost could be a selling point for buyers in today’s higher-rate market.

From Barron's • Nov. 12, 2025

Pulte this weekend also said that government-sponsored enterprises Fannie Mae and Freddie Mac are “evaluating how to do assumable or portable mortgages.”

From MarketWatch • Nov. 11, 2025

Weddings that might have taken place but do not, are like the reigns of deceased heirs-apparent; every thing is assumable in their favour, checked only by the histories of husbands and kings.

From Stories from the Italian Poets: with Lives of the Writers, Volume 1 by Dante Alighieri