FHATop pick
Active
28$210,000Potential short sale
- Rate
- 3.02%
7.40%today- Payment
- $996/mo
$1,632today
- 4beds
- 2baths
- 1,526sqft
Fleming Island, Florida
Assumable homes for salein Fleming Island, 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 Fleming Island.
Live MLS data · Updated
Fleming Island assumable market
by the numbers.
6active assumable listings
3.27%average locked rate
$340ktypical list price
$659saved per month vs. 7.2%
About the market
Assumable mortgagesin Fleming Island, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Florida, filtered to Fleming Island. Updated October 2026.
How assumptions work for buyersAs of October 2026, UMe has no verified assumable listings in Fleming Island. 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 Fleming Island 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 Fleming Island
Homes on the marketin Fleming Island.
FHA
Active
29$195,000$68,080 equity gap
- Rate
- 2.87%
7.40%today- Payment
- $591/mo
$986today
- 2beds
- 3baths
- 1,268sqft
5922 BRICE Court, Jacksonville
VA
Active
52$370,000$121,650 equity gap
- Rate
- 2.88%
7.40%today- Payment
- $1,154/mo
$1,925today
- 3beds
- 3baths
- 1,712sqft
609 CLAIRE Lane, Orange Park
FHA
Active
23$239,900$2,170 equity gap
- Rate
- 4.50%
7.40%today- Payment
- $1,249/mo
$1,707today
- 2beds
- 3baths
- 1,160sqft
871 RIVERTREE Place, Middleburg
VA
Active
74$565,000$256,924 equity gap
- Rate
- 3.03%
7.40%today- Payment
- $1,507/mo
$2,465today
- 4beds
- 4baths
- 2,781sqft
13 VERDURE Street, St Johns
VA
Active
37$460,000$243,141 equity gap
- Rate
- 3.33%
7.40%today- Payment
- $1,090/mo
$1,716today
- 4beds
- 2baths
- 2,057sqft
4683 ILAH Road, Jacksonville
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 Fleming Island numbers
What an assumable ratedoes to a Fleming Island payment.
The sliders start at the median Fleming Island assumable listing: $339,983 list price and a 3.27% 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)$70,000
21% 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 Fleming Island
$1,283/mo
New loan at 7.20%$1,833
Assumed at 3.25%
$1,283
Every month$550
Over five years$32,983
Interest you never pay$259,48526-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 Fleming Island listing on UMe shows the actual balance, rate, and payment.
How it works in Fleming Island
How to assumea mortgage in Fleming Island.
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 a Fleming Island home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Fleming Island 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 a Fleming Island payment written in a different decade.
Fleming Island questions
Assuming a mortgagein Fleming Island.
The numbers below come from current Fleming Island inventory and update as listings change.
All assumption FAQsAre there assumable homes for sale in Fleming Island?
As of October 2026, there are no verified assumable listings in Fleming Island. New assumable homes appear every week across Florida; save a search on the map and we will email you when one lands in Fleming Island.
What types of loans can be assumed in Fleming Island?
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 Fleming Island?
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 Fleming Island.The rate is already on the house.
Every listing on the Fleming Island map has a rate you can take over. Start with the ones in Fleming Island, get pre-qualified in minutes, and let UMe carry the assumption to closing.
