UMe
Get pre-qualified

Assumable homes for sale in Merritt Island, FL

3 homesFHA & VA loansrates from 2.98% vs 7.32% today

Merritt Island assumption guide
1373 BENT PALM Drive, Merritt Island, FL, 32952 — assumable FHA mortgage at 2.98%
FHA
Active
45
$839,000$547,199 equity gap
Rate
2.98%
7.32%today
Payment
$1,420/mo
$2,319today
  • 5beds
  • 3baths
  • 4,036sqft

1373 BENT PALM Drive, Merritt Island

1455 QUINCE Avenue, Merritt Island, FL, 32952 — assumable FHA mortgage at 6.50%
FHA
Active
42
$249,900$37,782 equity gap
Rate
6.50%
7.32%today
Payment
$1,365/mo
$1,484today
  • 3beds
  • 2baths
  • 988sqft

1455 QUINCE Avenue, Merritt Island

130 COUNTRY WOODS Place, Merritt Island, FL, 32952 — assumable VA mortgage at 5.50%
VA
Active
36
$565,000$239,504 equity gap
Rate
5.50%
7.32%today
Payment
$2,729/mo
$3,062today
  • 3beds
  • 2baths
  • 1,644sqft

130 COUNTRY WOODS Place, Merritt Island

Assuming a mortgage in Merritt Island

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
2.98%
Lowest existing payment
$1,365 /mo
Median cash to assume
$239,504
Equal Housing Opportunity

UMe is committed to and abides by the Fair Housing Act and Equal Opportunity. Listing data is refreshed daily from participating MLS feeds; existing loan terms are estimates until verified with the servicer.

UMe