FHATop pick
Active
22$269,900$26,601 equity gap
- Rate
- 2.98%
7.40%today- Payment
- $1,156/mo
$1,904today
- 4beds
- 2baths
- 1,823sqft
Lake Alfred, Florida
Assumable homes for salein Lake Alfred, Florida.
25 homes in Lake Alfred carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 3.40%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Lake Alfred assumable market
by the numbers.
25active assumable listings
3.40%lowest locked rate
$325kmedian list price
$442saved per month vs. 7.2%
About the market
Assumable mortgagesin Lake Alfred, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Florida, filtered to Lake Alfred. Updated October 2026.
How assumptions work for buyersLake Alfred, Florida has 25 homes for sale with an assumable mortgage as of October 2026: 19 FHA loans and 6 VA loans 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 Lake Alfred assumable listings start at 3.40% with a median of 6.50%; 5 listings are under 4% and 8 are under 5%.
The median assumable home in Lake Alfred lists for $325,000, with a median of $43,624 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 $1,725 a month versus $2,167 for the same balance at today's rate, roughly $442 kept every month and $5,306 a year. The most active Lake Alfred ZIP codes are 33850 (25).
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 Lake Alfred assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Lake Alfred
View all 25 on the map Homes on the marketin Lake Alfred.
FHATop pick
Active
10$219,900Potential short sale
- Rate
- 3.45%
7.40%today- Payment
- $1,095/mo
$1,700today
- 3beds
- 2baths
- 1,299sqft
513 LEMON Street, Auburndale
FHA
Active
32$269,000$52,642 equity gap
- Rate
- 2.68%
7.40%today- Payment
- $1,005/mo
$1,719today
- 3beds
- 2baths
- 1,688sqft
440 KENSINGTON VIEW Drive, Winter Haven
FHA
Active
54$335,000$53,860 equity gap
- Rate
- 2.75%
7.40%today- Payment
- $1,520/mo
$2,577today
- 2beds
- 2baths
- 1,677sqft
5197 PEBBLE BEACH Boulevard, Winter Haven
VA
Active
48$290,000$47,706 equity gap
- Rate
- 2.80%
7.40%today- Payment
- $1,124/mo
$1,894today
- 3beds
- 2baths
- 2,230sqft
139 PERSHING Street, Bartow
FHA
Active
38$320,000$9,599 equity gap
- Rate
- 2.84%
7.40%today- Payment
- $1,440/mo
$2,413today
- 4beds
- 3baths
- 3,628sqft
1009 RONLIN Street, Haines City
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 Lake Alfred.
Live counts from the MLS feeds we index for Florida. Updated October 2026.
- Active listings
- 25
- UMe Certified / verified
- 0
- Lowest rate
- 3.40%
- Median rate
- 6.50%
- Median list price
- $325,000
- Median cash to assume
- $43,624
Lake Alfred listings by locked rate
- Under 4%5 homes
- 4% – 5%3 homes
- 5% – 6%4 homes
- 6% and up13 homes
Lake Alfred listings by loan type
- FHA19 homesmedian 6.66%
- VA6 homesmedian 4.59%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Lake Alfred ZIP code.
Each ZIP opens the Lake Alfred map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Lake Alfred numbers
What an assumable ratedoes to a Lake Alfred payment.
The sliders start at the median Lake Alfred assumable listing: $325,000 list price and a 6.50% 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)$45,000
14% 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 Lake Alfred
$1,862/mo
New loan at 7.20%$1,901
Assumed at 6.50%
$1,862
Every month$39
Over five years$2,330
Interest you never pay$103,34626-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 Lake Alfred listing on UMe shows the actual balance, rate, and payment.
How it works in Lake Alfred
How to assumea mortgage in Lake Alfred.
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 Lake Alfred home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Lake Alfred 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 $43,624 in Lake Alfred 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 Lake Alfred payment written in a different decade.
Lake Alfred questions
Assuming a mortgagein Lake Alfred.
The numbers below come from current Lake Alfred inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Lake Alfred?
As of October 2026, UMe tracks 25 active assumable listings in Lake Alfred. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Lake Alfred?
Current Lake Alfred inventory breaks down as FHA (19, median 6.66%) and VA (6, median 4.59%). 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 Lake Alfred?
The lowest rate on an active Lake Alfred assumable listing is 3.40%, and the median across all 25 listings is 6.50%. 5 listings are under 4% and 8 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Lake Alfred?
Across current Lake Alfred listings, the median principal-and-interest payment on the assumable loan is $1,725 per month versus $2,167 for the same balance at today's rates, a difference of about $442 every month, or $5,306 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 Lake Alfred?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Lake Alfred that gap is currently a median of $43,624 on a median list price of $325,000. 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 Lake Alfred ZIP codes have the most assumable homes?
The Lake Alfred ZIP codes with the most active assumable listings are 33850 (25). 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 Lake Alfred?
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 Lake Alfred.The rate is already on the house.
Every listing on the Lake Alfred map has a rate you can take over. Start with the ones in Lake Alfred, get pre-qualified in minutes, and let UMe carry the assumption to closing.