FHATop pick
Active
26$280,000$13,618 down
- Rate
- 3.10%
6.95%today- Payment
- $1,258/mo
$1,950today
- 3beds
- 2baths
- 1,698sqft
Gainesville, Florida
Assumable homes for salein Gainesville, Florida.
113 homes in Gainesville carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.19%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Gainesville assumable market
by the numbers.
113active assumable listings
2.19%lowest locked rate
$288kmedian list price
$429saved per month vs. 7.2%
About the market
Assumable mortgagesin Gainesville, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Florida, filtered to Gainesville. Updated September 2026.
How assumptions work for buyersGainesville, Florida has 113 homes for sale with an assumable mortgage as of September 2026: 78 VA loans and 35 FHA 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 Gainesville assumable listings start at 2.19% with a median of 4.15%; 49 listings are under 4% and 59 are under 5%.
The median assumable home in Gainesville lists for $287,900, with a median of $124,999 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 $1,083 a month versus $1,512 for the same balance at today's rate, roughly $429 kept every month and $5,153 a year. The most active Gainesville ZIP codes are 32608 (43), 32605 (18), 32606 (12), 32607 (12), and 32609 (8).
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 Gainesville assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Gainesville
View all 113 on the map Homes on the marketin Gainesville.
FHA
Active
31$299,900$77,217 down
- Rate
- 2.77%
6.95%today- Payment
- $1,025/mo
$1,657today
- 3beds
- 2baths
- 1,272sqft
2032 33RD Avenue, Gainesville
FHA
Active
31$214,000$56,871 down
- Rate
- 2.84%
6.95%today- Payment
- $729/mo
$1,168today
- 2beds
- 2baths
- 1,392sqft
8496 38TH Terrace, Gainesville
FHA
Active
30$275,000$72,733 down
- Rate
- 2.93%
6.95%today- Payment
- $952/mo
$1,508today
- 3beds
- 2baths
- 1,292sqft
3803 26TH Street, Gainesville
VA
Active
57$317,000$71,771 down
- Rate
- 3.05%
6.95%today- Payment
- $1,154/mo
$1,800today
- 4beds
- 2baths
- 1,660sqft
3929 20TH Terrace, Gainesville
FHA
Active
25$240,000$50,417 down
- Rate
- 3.07%
6.95%today- Payment
- $898/mo
$1,397today
- 3beds
- 2baths
- 1,181sqft
2541 52ND Place, Gainesville
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 Gainesville.
Live counts from the MLS feeds we index for Florida. Updated September 2026.
- Active listings
- 113
- UMe Certified / verified
- 0
- Lowest rate
- 2.19%
- Median rate
- 4.15%
- Median list price
- $287,900
- Median cash to assume
- $124,999
Gainesville listings by locked rate
- Under 4%49 homes
- 4% – 5%10 homes
- 5% – 6%8 homes
- 6% and up35 homes
Gainesville listings by loan type
- VA78 homesmedian 3.91%
- FHA35 homesmedian 4.98%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Gainesville ZIP code.
Each ZIP opens the Gainesville map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
- 32608
43 assumable homes
median 4.67% · $324,500
- 32605
18 assumable homes
median 3.67% · $310,000
- 32606
12 assumable homes
median 4.39% · $372,450
- 32607
12 assumable homes
median 5.78% · $193,500
- 32609
8 assumable homes
median 3.26% · $239,900
- 32641
8 assumable homes
median 5.87% · $201,000
- 32653
7 assumable homes
median 6.12% · $309,000
- 32601
5 assumable homes
median 4.11% · $119,000
Run the Gainesville numbers
What an assumable ratedoes to a Gainesville payment.
The sliders start at the median Gainesville assumable listing: $287,900 list price and a 4.15% 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)$125,000
43% 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 Gainesville
$865/mo
New loan at 7.20%$1,120
Assumed at 4.15%
$865
Every month$255
Over five years$15,280
Interest you never pay$133,21826-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 Gainesville listing on UMe shows the actual balance, rate, and payment.
How it works in Gainesville
How to assumea mortgage in Gainesville.
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 Gainesville home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Gainesville 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 $124,999 in Gainesville 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 Gainesville payment written in a different decade.
Gainesville questions
Assuming a mortgagein Gainesville.
The numbers below come from current Gainesville inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Gainesville?
As of September 2026, UMe tracks 113 active assumable listings in Gainesville. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Gainesville?
Current Gainesville inventory breaks down as VA (78, median 3.91%) and FHA (35, median 4.98%). 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 Gainesville?
The lowest rate on an active Gainesville assumable listing is 2.19%, and the median across all 113 listings is 4.15%. 49 listings are under 4% and 59 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 Gainesville?
Across current Gainesville listings, the median principal-and-interest payment on the assumable loan is $1,083 per month versus $1,512 for the same balance at today's rates, a difference of about $429 every month, or $5,153 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 Gainesville?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Gainesville that gap is currently a median of $124,999 on a median list price of $287,900. 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 Gainesville ZIP codes have the most assumable homes?
The Gainesville ZIP codes with the most active assumable listings are 32608 (43), 32605 (18), 32606 (12), 32607 (12), and 32609 (8). 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 Gainesville?
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 Gainesville.The rate is already on the house.
Every listing on the Gainesville map has a rate you can take over. Start with the ones in Gainesville, get pre-qualified in minutes, and let UMe carry the assumption to closing.
