FHA
Active
23$370,000$261,942 equity gap
- Rate
- 6.67%
7.32%today- Payment
- $649/mo
$700today
- 3beds
- 3baths
- 2,720sqft
Assumable homes for sale in Melbourne, FL
2 homesFHA & VA loansrates from 6.67% vs 7.32% today
Melbourne assumption guide
VA
Active
27$450,000$488,791 equity gap
- Rate
- 7.10%
7.32%today- Payment
- $1,001/mo
$1,023today
- 3beds
- 2baths
- 1,926sqft
1502 WILLARD Road, Palm Bay
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 7.32%), so you can see the saving before you tour.
- Lowest existing rate
- 6.67%
- Lowest existing payment
- $649 /mo
- Median cash to assume
- $375,367