FHA
Active
51$349,000$78,817 down
- Rate
- 2.93%
6.95%today- Payment
- $1,271/mo
$2,014today
- 3beds
- 2baths
- 2,017sqft
Cape Coral, Florida
Assumable homes for salein Cape Coral, Florida.
14 homes in Cape Coral carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.68%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Cape Coral assumable market
by the numbers.
14active assumable listings
2.68%lowest locked rate
$325kmedian list price
$556saved per month vs. 7.2%
About the market
Assumable mortgagesin Cape Coral, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Florida, filtered to Cape Coral. Updated September 2026.
How assumptions work for buyersCape Coral, Florida has 14 homes for sale with an assumable mortgage as of September 2026: 10 FHA loans and 4 VA 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 Cape Coral assumable listings start at 2.68% with a median of 4.45%; 6 listings are under 4% and 8 are under 5%.
The median assumable home in Cape Coral lists for $325,000, with a median of $99,982 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 $1,190 a month versus $1,746 for the same balance at today's rate, roughly $556 kept every month and $6,675 a year. The most active Cape Coral ZIP codes are 33909 (5), 33991 (3), 33904 (2), 33914 (2), and 33990 (1).
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 Cape Coral assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Cape Coral
View all 14 on the map Homes on the marketin Cape Coral.
VA
Active
12$299,000$72,983 down
- Rate
- 3.45%
6.95%today- Payment
- $1,160/mo
$1,721today
- 2beds
- 2baths
- 1,615sqft
3364 GOLDA Circle, North Fort Myers
VA
Active
28$284,900$99,968 down
- Rate
- 2.68%
6.95%today- Payment
- $859/mo
$1,405today
- 3beds
- 2baths
- 1,692sqft
219 25TH Place, Cape Coral
FHA
Active
98$3,750,000$2,690,657 down
- Rate
- 2.76%
6.95%today- Payment
- $4,859/mo
$7,868today
- 5beds
- 7baths
- 7,662sqft
12201 CAISSON Lane, Fort Myers
VA
Active
48$325,000$163,720 down
- Rate
- 2.97%
6.95%today- Payment
- $909/mo
$1,353today
- 3beds
- 2baths
- 1,908sqft
706 51ST Terrace, Cape Coral
VA
Active
48$294,500$155,324 down
- Rate
- 3.16%
6.95%today- Payment
- $688/mo
$1,059today
- 3beds
- 2baths
- 1,176sqft
316 19TH Terrace, Cape Coral
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 Cape Coral.
Live counts from the MLS feeds we index for Florida. Updated September 2026.
- Active listings
- 14
- UMe Certified / verified
- 0
- Lowest rate
- 2.68%
- Median rate
- 4.45%
- Median list price
- $325,000
- Median cash to assume
- $99,982
Cape Coral listings by locked rate
- Under 4%6 homes
- 4% – 5%2 homes
- 5% – 6%0 homes
- 6% and up6 homes
Cape Coral listings by loan type
- FHA10 homesmedian 6.61%
- VA4 homesmedian 3.06%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Cape Coral ZIP code.
Each ZIP opens the Cape Coral map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Cape Coral numbers
What an assumable ratedoes to a Cape Coral payment.
The sliders start at the median Cape Coral assumable listing: $325,000 list price and a 4.45% 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)$100,000
31% 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 Cape Coral
$1,218/mo
New loan at 7.20%$1,527
Assumed at 4.45%
$1,218
Every month$309
Over five years$18,542
Interest you never pay$169,72626-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 Cape Coral listing on UMe shows the actual balance, rate, and payment.
How it works in Cape Coral
How to assumea mortgage in Cape Coral.
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 Cape Coral home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Cape Coral 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 $99,982 in Cape Coral 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 Cape Coral payment written in a different decade.
Cape Coral questions
Assuming a mortgagein Cape Coral.
The numbers below come from current Cape Coral inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Cape Coral?
As of September 2026, UMe tracks 14 active assumable listings in Cape Coral. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Cape Coral?
Current Cape Coral inventory breaks down as FHA (10, median 6.61%) and VA (4, median 3.06%). 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 Cape Coral?
The lowest rate on an active Cape Coral assumable listing is 2.68%, and the median across all 14 listings is 4.45%. 6 listings are under 4% and 8 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Cape Coral?
Across current Cape Coral listings, the median principal-and-interest payment on the assumable loan is $1,190 per month versus $1,746 for the same balance at today's rates, a difference of about $556 every month, or $6,675 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 Cape Coral?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Cape Coral that gap is currently a median of $99,982 on a median list price of $325,000. 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 Cape Coral ZIP codes have the most assumable homes?
The Cape Coral ZIP codes with the most active assumable listings are 33909 (5), 33991 (3), 33904 (2), 33914 (2), and 33990 (1). 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 Cape Coral?
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 Florida More assumable homesin Florida.
Ready when you are
Stop overpaying for Cape Coral.The rate is already on the house.
Every listing on the Cape Coral map has a rate you can take over. Start with the ones in Cape Coral, get pre-qualified in minutes, and let UMe carry the assumption to closing.
