Assumable homes for sale in Satellite Beach, FL

4 homesVA & FHA loansrates from 3.02% vs 6.95% today

Satellite Beach 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

1535 FUJI Drive, Melbourne, FL, 32940 — assumable VA mortgage at 3.74%

Active

$529,900$240,019 down

Rate: 3.74%; ~~6.95%~~today
Payment: $1,543/mo; ~~$2,208~~today

5beds
3baths
2,827sqft

1535 FUJI Drive, Melbourne

7966 WYNDHAM Drive, Melbourne, FL, 32940 — assumable VA mortgage at 6.20%

Active

$850,000$12,043 down

Rate: 6.20%; ~~6.95%~~today
Payment: $5,243/mo; ~~$5,667~~today

4beds
4baths
3,149sqft

7966 WYNDHAM Drive, 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 Satellite Beach

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: $188,865