Assumable homes for sale in Cutler Bay, FL

1 homeFHA loansrates from 2.88% vs 7.32% today

Cutler Bay assumption guide
12713 229TH Terrace, Miami, FL, 33170 — assumable FHA mortgage at 2.88%
FHA
Active
29
$439,900$196,934 equity gap
Rate
2.88%
7.32%today
Payment
$1,161/mo
$1,921today
  • 3beds
  • 3baths
  • 1,441sqft

12713 229TH Terrace, Miami

Assuming a mortgage in Cutler Bay

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
2.88%
Lowest existing payment
$1,161 /mo
Median cash to assume
$196,934
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.