VATop pick
Active
33$155,000Potential short sale
- Rate
- 3.05%
6.95%today- Payment
- $776/mo
$1,211today
- 3beds
- 2baths
- 1,020sqft
Mims, Florida
Assumable homes for salein Mims, Florida.
2 homes in Mims carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 6.27%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Mims assumable market
by the numbers.
2active assumable listings
6.27%lowest locked rate
$247kmedian list price
$164saved per month vs. 7.2%
About the market
Assumable mortgagesin Mims, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Florida, filtered to Mims. Updated September 2026.
How assumptions work for buyersMims, 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 Mims assumable listings start at 6.27% with a median of 6.58%; 0 listings are under 4% and 0 are under 5%.
The median assumable home in Mims lists for $247,000, with a median of $18,798 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 $1,489 a month versus $1,653 for the same balance at today's rate, roughly $164 kept every month and $1,969 a year. The most active Mims ZIP codes are 32754 (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 Mims assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Mims
View all 2 on the map Homes on the marketin Mims.
FHA
Active
$220,000$40,888 down
- Rate
- 3.31%
6.95%today- Payment
- $904/mo
$1,365today
- 3beds
- 2baths
- 1,456sqft
4325 ELLIOT Avenue, Titusville
FHA
Active
26$250,000$6,896 down
- Rate
- 3.76%
6.95%today- Payment
- $1,229/mo
$1,755today
- 4beds
- 2baths
- 1,536sqft
2880 SATURN Drive, Titusville
VA
Active
24$250,000$138,476 down
- Rate
- 2.71%
6.95%today- Payment
- $520/mo
$847today
- 3beds
- 2baths
- 1,414sqft
2625 GARDEN Street, Titusville
VA
Active
44$595,000$249,579 down
- Rate
- 2.83%
6.95%today- Payment
- $1,634/mo
$2,622today
- 3beds
- 3baths
- 2,423sqft
4562 HELENA Drive, Titusville
FHA
Active
38$425,000$403,285 down
- Rate
- 2.93%
6.95%today- Payment
- $108/mo
$167today
- 3beds
- 2baths
- 2,101sqft
3975 TANGLE Drive, Titusville
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 Mims.
Live counts from the MLS feeds we index for Florida. Updated September 2026.
- Active listings
- 2
- UMe Certified / verified
- 0
- Lowest rate
- 6.27%
- Median rate
- 6.58%
- Median list price
- $247,000
- Median cash to assume
- $18,798
Mims listings by locked rate
- Under 4%0 homes
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up2 homes
Mims listings by loan type
- FHA1 homemedian 6.89%
- VA1 homemedian 6.27%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Mims ZIP code.
Each ZIP opens the Mims map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Mims numbers
What an assumable ratedoes to a Mims payment.
The sliders start at the median Mims assumable listing: $247,000 list price and a 6.58% 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)$15,000
6% 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 Mims
$1,544/mo
New loan at 7.20%$1,561
Assumed at 6.60%
$1,544
Every month$17
Over five years$1,040
Interest you never pay$80,34926-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 Mims listing on UMe shows the actual balance, rate, and payment.
How it works in Mims
How to assumea mortgage in Mims.
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 Mims home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Mims 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 $18,798 in Mims 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 Mims payment written in a different decade.
Mims questions
Assuming a mortgagein Mims.
The numbers below come from current Mims inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Mims?
As of September 2026, UMe tracks 2 active assumable listings in Mims. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Mims?
Current Mims inventory breaks down as FHA (1, median 6.89%) and VA (1, median 6.27%). 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 Mims?
The lowest rate on an active Mims assumable listing is 6.27%, and the median across all 2 listings is 6.58%. 0 listings are under 4% and 0 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 Mims?
Across current Mims listings, the median principal-and-interest payment on the assumable loan is $1,489 per month versus $1,653 for the same balance at today's rates, a difference of about $164 every month, or $1,969 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 Mims?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Mims that gap is currently a median of $18,798 on a median list price of $247,000. 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 Mims ZIP codes have the most assumable homes?
The Mims ZIP codes with the most active assumable listings are 32754 (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 Mims?
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 Mims.The rate is already on the house.
Every listing on the Mims map has a rate you can take over. Start with the ones in Mims, get pre-qualified in minutes, and let UMe carry the assumption to closing.
