Assumable homes for sale in Melbourne, FL

2 homesFHA & VA loansrates from 3.02% vs 6.95% today

Melbourne assumption guide

2608 PEPPER AVE, Melbourne, FL, 32935 — assumable FHA mortgage at 3.02%

FHA

Active

$265,000$137,712 down

Rate: 3.02%; ~~6.95%~~today
Payment: $666/mo; ~~$1,009~~today

4beds
2baths
1,312sqft

2608 PEPPER AVE, Melbourne

2846 LANCASTER Road, Melbourne, FL, 32935 — assumable VA mortgage at 8.61%

Active

$289,400$302,215 down

Rate: 8.61%; ~~6.95%~~today
Payment: $540/mo; ~~$460~~today

3beds
2baths
1,361sqft

2846 LANCASTER Road, Melbourne

Assuming a mortgage in Melbourne

An assumable mortgage lets you buy the home and take over the seller’s existing FHA, VA or USDA loan—its rate, balance and remaining term included. Each listing above shows the existing rate and payment next to what the same loan would cost at today’s rates (about 6.95%), so you can see the saving before you tour.

Lowest existing rate: 3.02%
Lowest existing payment: $540 /mo
Median cash to assume: $219,963