FHATop pick
Active
10$219,900Potential short sale
- Rate
- 3.45%
6.95%today- Payment
- $1,095/mo
$1,625today
- 3beds
- 2baths
- 1,299sqft
Polk City, Florida
Assumable homes for salein Polk City, Florida.
14 homes in Polk City carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.74%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Polk City assumable market
by the numbers.
14active assumable listings
2.74%lowest locked rate
$333kmedian list price
$493saved per month vs. 7.2%
About the market
Assumable mortgagesin Polk City, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Florida, filtered to Polk City. Updated September 2026.
How assumptions work for buyersPolk City, Florida has 14 homes for sale with an assumable mortgage as of September 2026: 10 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 Polk City assumable listings start at 2.74% with a median of 5.25%; 3 listings are under 4% and 5 are under 5%.
The median assumable home in Polk City lists for $332,500, with a median of $89,706 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 $1,357 a month versus $1,850 for the same balance at today's rate, roughly $493 kept every month and $5,918 a year. The most active Polk City ZIP codes are 33868 (14).
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 Polk City assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Polk City
View all 14 on the map Homes on the marketin Polk City.
VA
Active
30$295,499$41,042 down
- Rate
- 2.88%
6.95%today- Payment
- $1,183/mo
$1,886today
- 3beds
- 2baths
- 1,658sqft
2242 CASPIAN Drive, Lakeland
FHA
Active
33$375,000$65,078 down
- Rate
- 2.88%
6.95%today- Payment
- $1,447/mo
$2,307today
- 4beds
- 3baths
- 2,726sqft
2316 GENEVA Drive, Lakeland
FHA
Active
25$242,500$48,079 down
- Rate
- 3.10%
6.95%today- Payment
- $922/mo
$1,429today
- 2beds
- 1baths
- 1,300sqft
1203 KING Avenue, Lakeland
FHA
Active
28$309,000$41,757 down
- Rate
- 3.10%
6.95%today- Payment
- $1,265/mo
$1,960today
- 3beds
- 3baths
- 1,578sqft
1349 MIRABELLA CIR, Davenport
FHA
Active
11$240,000Potential short sale
- Rate
- 3.76%
6.95%today- Payment
- $1,293/mo
$1,846today
- 3beds
- 2baths
- 1,375sqft
923 LAKE CANNON Drive, Winter Haven
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 Polk City.
Live counts from the MLS feeds we index for Florida. Updated September 2026.
- Active listings
- 14
- UMe Certified / verified
- 0
- Lowest rate
- 2.74%
- Median rate
- 5.25%
- Median list price
- $332,500
- Median cash to assume
- $89,706
Polk City listings by locked rate
- Under 4%3 homes
- 4% – 5%2 homes
- 5% – 6%3 homes
- 6% and up6 homes
Polk City listings by loan type
- FHA10 homesmedian 6.02%
- VA4 homesmedian 4.82%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Polk City ZIP code.
Each ZIP opens the Polk City map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Polk City numbers
What an assumable ratedoes to a Polk City payment.
The sliders start at the median Polk City assumable listing: $332,500 list price and a 5.25% 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)$90,000
27% 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 Polk City
$1,441/mo
New loan at 7.20%$1,663
Assumed at 5.25%
$1,441
Every month$222
Over five years$13,324
Interest you never pay$149,10926-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 Polk City listing on UMe shows the actual balance, rate, and payment.
How it works in Polk City
How to assumea mortgage in Polk City.
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 Polk City home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Polk City 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 $89,706 in Polk City 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 Polk City payment written in a different decade.
Polk City questions
Assuming a mortgagein Polk City.
The numbers below come from current Polk City inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Polk City?
As of September 2026, UMe tracks 14 active assumable listings in Polk City. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Polk City?
Current Polk City inventory breaks down as FHA (10, median 6.02%) and VA (4, median 4.82%). 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 Polk City?
The lowest rate on an active Polk City assumable listing is 2.74%, and the median across all 14 listings is 5.25%. 3 listings are under 4% and 5 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 Polk City?
Across current Polk City listings, the median principal-and-interest payment on the assumable loan is $1,357 per month versus $1,850 for the same balance at today's rates, a difference of about $493 every month, or $5,918 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 Polk City?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Polk City that gap is currently a median of $89,706 on a median list price of $332,500. 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 Polk City ZIP codes have the most assumable homes?
The Polk City ZIP codes with the most active assumable listings are 33868 (14). 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 Polk City?
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 Polk City.The rate is already on the house.
Every listing on the Polk City map has a rate you can take over. Start with the ones in Polk City, get pre-qualified in minutes, and let UMe carry the assumption to closing.
