VA
Active
47$422,500$422,500 down
- Rate
- 3.00%
6.95%today- Payment
- $0/mo
- 3beds
- 2baths
- 1,792sqft
Cocoa Beach, Florida
Assumable homes for salein Cocoa Beach, Florida.
2 homes in Cocoa Beach carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 3.00%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Cocoa Beach assumable market
by the numbers.
2active assumable listings
3.00%lowest locked rate
$486kmedian list price
$357saved per month vs. 7.2%
About the market
Assumable mortgagesin Cocoa Beach, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Florida, filtered to Cocoa Beach. Updated September 2026.
How assumptions work for buyersCocoa Beach, Florida has 2 homes for sale with an assumable mortgage as of September 2026: 1 FHA loan and 1 VA loan 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 Cocoa Beach assumable listings start at 3.00% with a median of 3.76%; 1 listing is under 4% and 2 are under 5%.
The median assumable home in Cocoa Beach lists for $486,000, with a median of $407,440 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 $940 a month versus $1,297 for the same balance at today's rate, roughly $357 kept every month and $4,282 a year. The most active Cocoa Beach ZIP codes are 32931 (2).
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 Cocoa Beach assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Cocoa Beach
View all 2 on the map Homes on the marketin Cocoa Beach.
VA
Active
22$529,900$240,019 down
- Rate
- 3.74%
6.95%today- Payment
- $1,543/mo
$2,208today
- 5beds
- 3baths
- 2,827sqft
1535 FUJI Drive, Melbourne
VA
Active
43$850,000$12,043 down
- Rate
- 6.20%
6.95%today- Payment
- $5,243/mo
$5,667today
- 4beds
- 4baths
- 3,149sqft
7966 WYNDHAM Drive, Melbourne
FHA
Active
31$549,500$392,032 down
- Rate
- 4.52%
6.95%today- Payment
- $940/mo
$1,226today
- 3beds
- 2baths
- 1,140sqft
227 WOODLAND Avenue, Cocoa Beach
VA
Active
36$565,000$238,272 down
- Rate
- 5.50%
6.95%today- Payment
- $2,729/mo
$2,993today
- 3beds
- 2baths
- 1,644sqft
130 COUNTRY WOODS Place, Merritt Island
VA
Active
19$289,400$302,215 down
- Rate
- 8.61%
6.95%today- Payment
- $540/mo
$460today
- 3beds
- 2baths
- 1,361sqft
2846 LANCASTER Road, Melbourne
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 Cocoa Beach.
Live counts from the MLS feeds we index for Florida. Updated September 2026.
- Active listings
- 2
- UMe Certified / verified
- 0
- Lowest rate
- 3.00%
- Median rate
- 3.76%
- Median list price
- $486,000
- Median cash to assume
- $407,440
Cocoa Beach listings by locked rate
- Under 4%1 home
- 4% – 5%1 home
- 5% – 6%0 homes
- 6% and up0 homes
Cocoa Beach listings by loan type
- FHA1 homemedian 4.52%
- VA1 homemedian 3.00%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Cocoa Beach ZIP code.
Each ZIP opens the Cocoa Beach map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Cocoa Beach numbers
What an assumable ratedoes to a Cocoa Beach payment.
The sliders start at the median Cocoa Beach assumable listing: $486,000 list price and a 3.76% 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)$405,000
84% 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 Cocoa Beach
$402/mo
New loan at 7.20%$543
Assumed at 3.75%
$402
Every month$141
Over five years$8,475
Interest you never pay$70,13626-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 Cocoa Beach listing on UMe shows the actual balance, rate, and payment.
How it works in Cocoa Beach
How to assumea mortgage in Cocoa Beach.
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 Cocoa Beach home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Cocoa Beach 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 $407,440 in Cocoa Beach 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 Cocoa Beach payment written in a different decade.
Cocoa Beach questions
Assuming a mortgagein Cocoa Beach.
The numbers below come from current Cocoa Beach inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Cocoa Beach?
As of September 2026, UMe tracks 2 active assumable listings in Cocoa Beach. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Cocoa Beach?
Current Cocoa Beach inventory breaks down as FHA (1, median 4.52%) and VA (1, median 3.00%). 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 Cocoa Beach?
The lowest rate on an active Cocoa Beach assumable listing is 3.00%, and the median across all 2 listings is 3.76%. 1 listing is under 4% and 2 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 Cocoa Beach?
Across current Cocoa Beach listings, the median principal-and-interest payment on the assumable loan is $940 per month versus $1,297 for the same balance at today's rates, a difference of about $357 every month, or $4,282 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 Cocoa Beach?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Cocoa Beach that gap is currently a median of $407,440 on a median list price of $486,000. 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 Cocoa Beach ZIP codes have the most assumable homes?
The Cocoa Beach ZIP codes with the most active assumable listings are 32931 (2). 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 Cocoa Beach?
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 Cocoa Beach.The rate is already on the house.
Every listing on the Cocoa Beach map has a rate you can take over. Start with the ones in Cocoa Beach, get pre-qualified in minutes, and let UMe carry the assumption to closing.
