FHA
Active
74$349,900$55,686 down
- Rate
- 2.88%
6.95%today- Payment
- $1,368/mo
$2,181today
- 3beds
- 3baths
- 1,904sqft
University Park, Florida
Assumable homes for salein University Park, Florida.
An assumable mortgage lets you take over a seller’s existing low-rate FHA, VA, or USDA loan instead of financing at today’s 7.2%. These are the ones we verify in University Park.
Live MLS data · Updated
University Park assumable market
by the numbers.
6active assumable listings
2.94%average locked rate
$495ktypical list price
$1,030saved per month vs. 7.2%
About the market
Assumable mortgagesin University Park, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Florida, filtered to University Park. Updated September 2026.
How assumptions work for buyersAs of September 2026, UMe has no verified assumable listings in University Park. That changes quickly: assumable homes come on the market every week across Florida as sellers with FHA, VA, and USDA loans written at 2% to 5% decide to move. Save a University Park search on the map and we will email you the moment one lands.
An assumable mortgage lets a qualified buyer take over the seller's existing loan, keeping the original rate, balance, and remaining term instead of financing at today's roughly 7.2%. FHA, VA, and USDA loans are assumable by law; conventional loans almost never are. UMe confirms the loan terms with the listing agent, runs the assumption with the servicer, and connects buyers with lenders who write second loans behind an assumption when the seller's equity is more than their cash.
Verified in University Park
Homes on the marketin University Park.
VA
Active
74$750,000$124,697 down
- Rate
- 2.88%
6.95%today- Payment
- $2,907/mo
$4,634today
- 3beds
- 2baths
- 2,267sqft
8256 LARKSPUR Circle, Sarasota
FHA
Active
35$389,900$64,766 down
- Rate
- 2.99%
6.95%today- Payment
- $1,527/mo
$2,400today
- 4beds
- 3baths
- 2,396sqft
5220 119TH Terrace, Parrish
FHA
Active
11$339,900$40,002 down
- Rate
- 3.09%
6.95%today- Payment
- $1,424/mo
$2,210today
- 3beds
- 2baths
- 1,510sqft
3820 CALAMITY Terrace, Bradenton
VA
Active
47$725,000$125,003 down
- Rate
- 3.10%
6.95%today- Payment
- $2,839/mo
$4,401today
- 4beds
- 3baths
- 2,329sqft
6145 ANISE Drive, Sarasota
FHA
Active
63$415,000$97,289 down
- Rate
- 2.73%
6.95%today- Payment
- $1,476/mo
$2,400today
- 5beds
- 3baths
- 2,949sqft
16454 WOODSIDE Glen, Parrish
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.
Run the University Park numbers
What an assumable ratedoes to an University Park payment.
The sliders start at the median University Park assumable listing: $494,950 list price and a 2.94% 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)$100,000
20% 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 University Park
$1,814/mo
New loan at 7.20%$2,681
Assumed at 2.95%
$1,814
Every month$867
Over five years$52,003
Interest you never pay$399,11526-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 University Park listing on UMe shows the actual balance, rate, and payment.
How it works in University Park
How to assumea mortgage in University Park.
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 University Park home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the University Park 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. 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 University Park payment written in a different decade.
University Park questions
Assuming a mortgagein University Park.
The numbers below come from current University Park inventory and update as listings change.
All assumption FAQsAre there assumable homes for sale in University Park?
As of September 2026, there are no verified assumable listings in University Park. New assumable homes appear every week across Florida; save a search on the map and we will email you when one lands in University Park.
What types of loans can be assumed in University Park?
FHA, VA, and USDA mortgages are assumable by law and make up nearly all assumable listings in Florida. Conventional loans usually include a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan.
How long does a mortgage assumption take in University Park?
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 University Park.The rate is already on the house.
Every listing on the University Park map has a rate you can take over. Start with the ones in University Park, get pre-qualified in minutes, and let UMe carry the assumption to closing.
