FHATop pick
Active
6$189,000Potential short sale
- Rate
- 3.10%
6.95%today- Payment
- $901/mo
$1,397today
- 3beds
- 2baths
- 1,070sqft
Lake Mary, Florida
Assumable homes for salein Lake Mary, Florida.
9 homes in Lake Mary carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.71%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Lake Mary assumable market
by the numbers.
9active assumable listings
2.71%lowest locked rate
$450kmedian list price
$1,023saved per month vs. 7.2%
About the market
Assumable mortgagesin Lake Mary, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Florida, filtered to Lake Mary. Updated September 2026.
How assumptions work for buyersLake Mary, Florida has 9 homes for sale with an assumable mortgage as of September 2026: 5 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 Lake Mary assumable listings start at 2.71% with a median of 6.27%; 3 listings are under 4% and 3 are under 5%.
The median assumable home in Lake Mary lists for $449,900, with a median of $198,450 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 $1,626 a month versus $2,649 for the same balance at today's rate, roughly $1,023 kept every month and $12,276 a year. The most active Lake Mary ZIP codes are 32746 (9).
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 Lake Mary assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Lake Mary
View all 9 on the map Homes on the marketin Lake Mary.
VATop pick
Active
30$119,900$10,440 down
- Rate
- 2.81%
6.95%today- Payment
- $514/mo
$827today
- 3beds
- 3baths
- 1,416sqft
532 ORANGE Drive #22, Altamonte Springs
VA
Active
32$409,900$72,285 down
- Rate
- 2.86%
6.95%today- Payment
- $1,566/mo
$2,503today
- 4beds
- 3baths
- 2,264sqft
1513 OBERLIN Terrace, Lake Mary
VA
Active
40$500,000$34,908 down
- Rate
- 3.45%
6.95%today- Payment
- $2,278/mo
$3,379today
- 4beds
- 3baths
- 2,593sqft
2563 WALNUT HEIGHTS Road, Apopka
VA
Active
40$340,000$99,877 down
- Rate
- 2.73%
6.95%today- Payment
- $1,116/mo
$1,814today
- 3beds
- 3baths
- 1,743sqft
986 GRAND WILDMERE Cove, Longwood
FHA
Active
15$235,000$68,926 down
- Rate
- 2.73%
6.95%today- Payment
- $772/mo
$1,254today
- 3beds
- 2baths
- 1,199sqft
2617 LAUREL Avenue, Sanford
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 Lake Mary.
Live counts from the MLS feeds we index for Florida. Updated September 2026.
- Active listings
- 9
- UMe Certified / verified
- 0
- Lowest rate
- 2.71%
- Median rate
- 6.27%
- Median list price
- $449,900
- Median cash to assume
- $198,450
Lake Mary listings by locked rate
- Under 4%3 homes
- 4% – 5%0 homes
- 5% – 6%1 home
- 6% and up5 homes
Lake Mary listings by loan type
- FHA5 homesmedian 6.50%
- VA4 homesmedian 2.96%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Lake Mary ZIP code.
Each ZIP opens the Lake Mary map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Lake Mary numbers
What an assumable ratedoes to a Lake Mary payment.
The sliders start at the median Lake Mary assumable listing: $449,900 list price and a 6.27% 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)$200,000
44% 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 Lake Mary
$1,623/mo
New loan at 7.20%$1,697
Assumed at 6.25%
$1,623
Every month$74
Over five years$4,437
Interest you never pay$104,52526-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 Lake Mary listing on UMe shows the actual balance, rate, and payment.
How it works in Lake Mary
How to assumea mortgage in Lake Mary.
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 Lake Mary home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Lake Mary 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 $198,450 in Lake Mary 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 Lake Mary payment written in a different decade.
Lake Mary questions
Assuming a mortgagein Lake Mary.
The numbers below come from current Lake Mary inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Lake Mary?
As of September 2026, UMe tracks 9 active assumable listings in Lake Mary. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Lake Mary?
Current Lake Mary inventory breaks down as FHA (5, median 6.50%) and VA (4, median 2.96%). 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 Lake Mary?
The lowest rate on an active Lake Mary assumable listing is 2.71%, and the median across all 9 listings is 6.27%. 3 listings are under 4% and 3 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 Lake Mary?
Across current Lake Mary listings, the median principal-and-interest payment on the assumable loan is $1,626 per month versus $2,649 for the same balance at today's rates, a difference of about $1,023 every month, or $12,276 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 Lake Mary?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Lake Mary that gap is currently a median of $198,450 on a median list price of $449,900. 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 Lake Mary ZIP codes have the most assumable homes?
The Lake Mary ZIP codes with the most active assumable listings are 32746 (9). 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 Lake Mary?
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 Lake Mary.The rate is already on the house.
Every listing on the Lake Mary map has a rate you can take over. Start with the ones in Lake Mary, get pre-qualified in minutes, and let UMe carry the assumption to closing.
