FHA
Active
42$695,000$95,980 equity gap
- Rate
- 3.20%
7.40%today- Payment
- $2,989/mo
$4,786today
- 2beds
- 1baths
- 506sqft
Berkeley, California
Assumable homes for salein Berkeley, California.
1 home in Berkeley carries an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.99%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Berkeley assumable market
by the numbers.
1active assumable listing
2.99%lowest locked rate
$1,495kmedian list price
$644saved per month vs. 7.2%
About the market
Assumable mortgagesin Berkeley, explained.
Every number on this page comes from the live MLS feeds UMe indexes for California, filtered to Berkeley. Updated October 2026.
How assumptions work for buyersBerkeley, California has 1 home for sale with an assumable mortgage as of October 2026: 1 VA loan that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Berkeley assumable listings start at 2.99% with a median of 2.99%; 1 listing is under 4% and 1 is under 5%.
The median assumable home in Berkeley lists for $1,495,000, with a median of $1,295,191 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $971 a month versus $1,615 for the same balance at today's rate, roughly $644 kept every month and $7,733 a year. The most active Berkeley ZIP codes are 94702 (1).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Berkeley assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Berkeley
View all 1 on the map Homes on the marketin Berkeley.
VA
Active
43$884,000$256,492 equity gap
- Rate
- 2.75%
7.40%today- Payment
- $2,862/mo
$4,854today
- 3beds
- 3baths
- 1,664sqft
3452 Capella Lane, Alameda
FHA
Active
19$700,000$147,329 equity gap
- Rate
- 2.90%
7.40%today- Payment
- $2,592/mo
$4,312today
- 4beds
- 3baths
- 1,929sqft
11 fallen leaf, Rodeo
FHA
Active
46$505,000$96,942 equity gap
- Rate
- 3.62%
7.40%today- Payment
- $2,170/mo
$3,297today
- 2beds
- 3baths
- 1,523sqft
398 Wildwood, Hercules
FHA
Active
33$555,000$134,373 equity gap
- Rate
- 3.20%
7.40%today- Payment
- $2,119/mo
$3,392today
- 3beds
- 3baths
- 1,401sqft
108 Arcangel Way, San Pablo
VA
Active
25$369,000$135,016 equity gap
- Rate
- 2.70%
7.40%today- Payment
- $1,089/mo
$1,859today
- 2beds
- 2baths
- 1,022sqft
205 Del Valle Cir, El Sobrante
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.
Inventory snapshot
What’s in the mixin Berkeley.
Live counts from the MLS feeds we index for California. Updated October 2026.
- Active listings
- 1
- UMe Certified / verified
- 0
- Lowest rate
- 2.99%
- Median rate
- 2.99%
- Median list price
- $1,495,000
- Median cash to assume
- $1,295,191
Berkeley listings by locked rate
- Under 4%1 home
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up0 homes
Berkeley listings by loan type
- VA1 homemedian 2.99%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Berkeley ZIP code.
Each ZIP opens the Berkeley map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Berkeley numbers
What an assumable ratedoes to a Berkeley payment.
The sliders start at the median Berkeley assumable listing: $1,495,000 list price and a 2.99% 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)$1,295,000
87% 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 Berkeley
$924/mo
New loan at 7.20%$1,358
Assumed at 3.00%
$924
Every month$434
Over five years$26,017
Interest you never pay$200,45126-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 Berkeley listing on UMe shows the actual balance, rate, and payment.
How it works in Berkeley
How to assumea mortgage in Berkeley.
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 Berkeley home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Berkeley 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, a median of $1,295,191 in Berkeley today. 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 Berkeley payment written in a different decade.
Berkeley questions
Assuming a mortgagein Berkeley.
The numbers below come from current Berkeley inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Berkeley?
As of October 2026, UMe tracks 1 active assumable listing in Berkeley. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Berkeley?
Current Berkeley inventory breaks down as VA (1, median 2.99%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Berkeley?
The lowest rate on an active Berkeley assumable listing is 2.99%, and the median across all 1 listing is 2.99%. 1 listing is under 4% and 1 is under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Berkeley?
Across current Berkeley listings, the median principal-and-interest payment on the assumable loan is $971 per month versus $1,615 for the same balance at today's rates, a difference of about $644 every month, or $7,733 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Berkeley?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Berkeley that gap is currently a median of $1,295,191 on a median list price of $1,495,000. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Berkeley ZIP codes have the most assumable homes?
The Berkeley ZIP codes with the most active assumable listings are 94702 (1). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Berkeley?
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 California More assumable homesin California.
Ready when you are
Stop overpaying for Berkeley.The rate is already on the house.
Every listing on the Berkeley map has a rate you can take over. Start with the ones in Berkeley, get pre-qualified in minutes, and let UMe carry the assumption to closing.