{"level":"state","name":"Alabama","state":"AL","page":"https://www.retrorate.com/assumable-mortgages/alabama","parent":{"name":"United States","page":"https://www.retrorate.com/assumable-mortgages"},"counted_as_of":"2026-10-15","market_rate":{"value":7.3,"label":"average 30-year fixed rate","as_of":"2026-10-16","source":"Optimal Blue Mortgage Market Indices (OBMMI)"},"savings_basis":{"comparison":"the assumable loan against a new loan for the same amount, at the same cash to close","includes":"principal and interest only","remaining_term_years":25,"remaining_term_assumed":true},"coverage":{"tier":"B","on_market":"off-market only: counts cover homes with a mortgage carrying an assumable loan"},"figures":{"assumable_homes":188235,"avg_assumable_rate":4.65,"avg_balance":233165,"avg_monthly_savings":283,"rate_bands":{"under_3":25896,"3_to_4":51757,"4_to_5":34230,"5_and_over":76352}},"markets":[{"name":"Mobile","page":"https://www.retrorate.com/assumable-mortgages/alabama/mobile","data":"https://www.retrorate.com/assumable-mortgages/alabama/mobile.json","assumable_homes":14276,"avg_assumable_rate":4.71,"avg_monthly_savings":210,"on_market_coverage":false},{"name":"Montgomery","page":"https://www.retrorate.com/assumable-mortgages/alabama/montgomery","data":"https://www.retrorate.com/assumable-mortgages/alabama/montgomery.json","assumable_homes":13662,"avg_assumable_rate":4.56,"avg_monthly_savings":203,"on_market_coverage":false},{"name":"Huntsville","page":"https://www.retrorate.com/assumable-mortgages/alabama/huntsville","data":"https://www.retrorate.com/assumable-mortgages/alabama/huntsville.json","assumable_homes":11695,"avg_assumable_rate":4.52,"avg_monthly_savings":282,"on_market_coverage":false}],"terms":{"publisher":"RetroRate (Assumable Technologies Inc.)","source":"RetroRate production data, from public data sources and county records","attribution":"Cite as RetroRate, with a link to the page URL.","contact":"press@retrorate.com","documentation":"https://www.retrorate.com/assumable-mortgages"}}