Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Assumption Fee Assumption Fee November 9, 2021 The fee paid to a lender (usually by the purchaser of real property) resulting from the assumption of an existing mortgage.You Might Also Like: Living QuartersFirst-Time Homebuyer’s Playbook: 4 Steps to a Successful Offer Everyday MoneyBank Holidays: Understanding Their Impact on Deposits and Transactions Living QuartersMortgage Lending for Veterans at Bank Five Nine All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work?