FHA
Active
22$355,000$120,337 down
- Rate
- 2.90%
6.95%today- Payment
- $1,124/mo
$1,787today
- 4beds
- 2baths
- 1,889sqft
Oak Hill, Florida
Assumable homes for salein Oak Hill, Florida.
3 homes in Oak Hill carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 3.05%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Oak Hill assumable market
by the numbers.
3active assumable listings
3.05%lowest locked rate
$574kmedian list price
$343saved per month vs. 7.2%
About the market
Assumable mortgagesin Oak Hill, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Florida, filtered to Oak Hill. Updated September 2026.
How assumptions work for buyersOak Hill, Florida has 3 homes for sale with an assumable mortgage as of September 2026: 2 FHA loans 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 Oak Hill assumable listings start at 3.05% with a median of 6.11%; 1 listing is under 4% and 1 is under 5%.
The median assumable home in Oak Hill lists for $574,070, with a median of $169,284 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 $2,216 a month versus $2,559 for the same balance at today's rate, roughly $343 kept every month and $4,118 a year. The most active Oak Hill ZIP codes are 32759 (3).
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 Oak Hill assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Oak Hill
View all 3 on the map Homes on the marketin Oak Hill.
FHA
Active
26$325,000$120,598 down
- Rate
- 3.03%
6.95%today- Payment
- $997/mo
$1,560today
- 3beds
- 2baths
- 1,685sqft
123 OLD MILL POND Road, Edgewater
VA
Active
17$224,000$72,340 down
- Rate
- 3.26%
6.95%today- Payment
- $762/mo
$1,157today
- 2beds
- 2baths
- 1,124sqft
26 FORE Drive, New Smyrna Beach
VA
Active
21$310,000$163,001 down
- Rate
- 2.67%
6.95%today- Payment
- $682/mo
$1,117today
- 3beds
- 2baths
- 1,344sqft
748 PINE SHORES Circle, New Smyrna Beach
FHA
Active
44$545,000$289,737 down
- Rate
- 2.81%
6.95%today- Payment
- $1,208/mo
$1,943today
- 5beds
- 3baths
- 2,674sqft
143 OLD MILL POND RD, Edgewater
VA
Active
31$320,000$129,339 down
- Rate
- 2.90%
6.95%today- Payment
- $915/mo
$1,456today
- 3beds
- 3baths
- 1,868sqft
2144 JUNGLE Road, New Smyrna Beach
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 Oak Hill.
Live counts from the MLS feeds we index for Florida. Updated September 2026.
- Active listings
- 3
- UMe Certified / verified
- 0
- Lowest rate
- 3.05%
- Median rate
- 6.11%
- Median list price
- $574,070
- Median cash to assume
- $169,284
Oak Hill listings by locked rate
- Under 4%1 home
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up2 homes
Oak Hill listings by loan type
- FHA2 homesmedian 6.38%
- VA1 homemedian 3.05%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Oak Hill ZIP code.
Each ZIP opens the Oak Hill map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Oak Hill numbers
What an assumable ratedoes to an Oak Hill payment.
The sliders start at the median Oak Hill assumable listing: $574,070 list price and a 6.11% 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)$170,000
30% 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 Oak Hill
$2,591/mo
New loan at 7.20%$2,749
Assumed at 6.10%
$2,591
Every month$158
Over five years$9,457
Interest you never pay$181,13426-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 Oak Hill listing on UMe shows the actual balance, rate, and payment.
How it works in Oak Hill
How to assumea mortgage in Oak Hill.
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 an Oak Hill home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Oak Hill 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 $169,284 in Oak Hill 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 an Oak Hill payment written in a different decade.
Oak Hill questions
Assuming a mortgagein Oak Hill.
The numbers below come from current Oak Hill inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Oak Hill?
As of September 2026, UMe tracks 3 active assumable listings in Oak Hill. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Oak Hill?
Current Oak Hill inventory breaks down as FHA (2, median 6.38%) and VA (1, median 3.05%). 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 Oak Hill?
The lowest rate on an active Oak Hill assumable listing is 3.05%, and the median across all 3 listings is 6.11%. 1 listing is under 4% and 1 is under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Oak Hill?
Across current Oak Hill listings, the median principal-and-interest payment on the assumable loan is $2,216 per month versus $2,559 for the same balance at today's rates, a difference of about $343 every month, or $4,118 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 Oak Hill?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Oak Hill that gap is currently a median of $169,284 on a median list price of $574,070. 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 Oak Hill ZIP codes have the most assumable homes?
The Oak Hill ZIP codes with the most active assumable listings are 32759 (3). 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 Oak Hill?
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 Oak Hill.The rate is already on the house.
Every listing on the Oak Hill map has a rate you can take over. Start with the ones in Oak Hill, get pre-qualified in minutes, and let UMe carry the assumption to closing.
