3.45% FHA
$219,900
$1,095/mo
513 LEMON Street
Auburndale, FL
3 bd2 ba1,299 sqft
Polk City, Florida
Keep the rate.
Buy the home in Polk City.
11 assumable homes for sale in Polk City, with locked rates from 2.74%. Take over the seller’s existing FHA, VA, or USDA loan instead of financing at today’s 7.2%.
Median assumable rate
5.00%
vs 7.2% market
$544/mo saved
Median locked rate
5.00%
Across 11 assumable listings
Typical monthly savings
$544
On a $385,000 home vs 7.2%
Certified listings
0
Loan terms confirmed with the listing agent
Loan types
FHA · VA
Government-backed loans are assumable by law
Verified in Polk City
Homes with a rate worth keeping
3.10% FHA
$309,000
$1,265/mo
1349 MIRABELLA CIR
Davenport, FL
3 bd3 ba1,578 sqft
2.60% VA
$749,000
$2,322/mo
331 BAY Street
Auburndale, FL
3 bd3 ba3,488 sqft
2.67% FHA
$270,000
$951/mo
428 MCKENNA Drive
Winter Haven, FL
4 bd2 ba1,840 sqft
2.87% FHA
$240,000
$859/mo
861 LOWELL Street
Lakeland, FL
4 bd2 ba1,201 sqft
2.90% FHA
$190,000
$756/mo
614 6TH Street
Lakeland, FL
2 bd1 ba835 sqft
Inventory snapshot
What’s assumable in Polk City right now
Live counts from the MLS feeds we index for Florida. Updated September 2026.
- Active listings
- 11
- Certified / verified
- 0
- Lowest rate
- 2.74%
- Median rate
- 5.00%
- Median list price
- $385,000
- Median cash to assume
- $141,740
Listings by locked rate
- Under 4%4 homes
- 4% – 5%1 home
- 5% – 6%2 homes
- 6% and up4 homes
Listings by loan type
- FHA8 homesmedian 4.30%
- VA3 homesmedian 6.35%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homes by Polk City ZIP code
Nearby markets
More assumable homes in Florida
- Orlando204
- Kissimmee194
- Tampa171
- Ocala143
- Davenport105
- Riverview93
- St. Petersburg82
- St. Cloud81
- Lakeland76
- Gainesville75
- Winter Haven74
- Spring Hill67
- Haines City61
- Deltona52
- Wesley Chapel50
- Zephyrhills49
- Palm Coast46
- Clermont45
- Port Charlotte45
- Land O'Lakes43
- New Port Richey43
- Sanford37
- Apopka36
- Bradenton36
Run your numbers
The cost of waiting in Polk City.
A 7.2% new loan against an assumable one at 5.00%, same balance, 30 years.
You keep every month
$437/mo
Over a year$5,247
Monthly payment, side by side
7.2% vs 5.00%
How an assumption works
Three steps. One lower payment.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written.
- 01
Find a locked rate
Every listing here carries an existing FHA, VA, or USDA loan you can take over. Filter by rate, payment, or down payment.
- 02
Qualify with the servicer
You apply with the current lender, not a new one. Our team handles the paperwork and the timeline.
- 03
Close and keep the rate
The seller’s balance, rate, and remaining term become yours. No points, no rate shopping, no reset to 30 years.
Questions
Assuming a mortgage in Polk City
Numbers below come from current Polk City inventory and update as listings change.
- How many assumable homes are for sale in Polk City?
- As of September 2026, UMe tracks 11 active assumable listings in Polk City. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
- What types of assumable loans are available in Polk City?
- Current Polk City inventory breaks down as FHA (8, median 4.30%) and VA (3, median 6.35%). 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 Polk City right now?
- The lowest rate on an active Polk City assumable listing is 2.74%, and the median across all 11 listings is 5.00%. 4 listings are under 4% and 5 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 Polk City?
- Across current Polk City listings, the median principal-and-interest payment on the assumable loan is $1,140 per month versus $1,684 for the same balance at today's rates, a difference of about $544 every month, or $6,532 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 Polk City?
- When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Polk City that gap is currently a median of $141,740 on a median list price of $385,000. 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 Polk City ZIP codes have the most assumable homes?
- The Polk City ZIP codes with the most active assumable listings are 33868 (11). 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 Polk City?
- 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.
Ready when you are
Stop overpaying for Polk City.
Every listing on the map has a rate you can take over. Start with the ones in Florida, or list your own low-rate loan and let buyers come to you.
