2.90% VA
$750,000
$3,139/mo
27258 Narrowleaf Willow Lane
Valencia, CA
3 bd3 ba2,010 sqft
Simi Valley, California
Keep the rate.
Buy the home in Simi Valley.
24 assumable homes for sale in Simi Valley, with locked rates from 2.77%. Take over the seller’s existing FHA, VA, or USDA loan instead of financing at today’s 7.2%.
Median assumable rate
4.55%
vs 7.2% market
$1,191/mo saved
Median locked rate
4.55%
Across 24 assumable listings
Typical monthly savings
$1,191
On a $771,975 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 Simi Valley
Homes with a rate worth keeping
2.77% VA
$899,950
$3,246/mo
3055 Waco Avenue
Simi Valley, CA
3 bd2 ba1,427 sqft
2.77% FHA
$899,000
$3,080/mo
4248 Riverglen Street
Moorpark, CA
4 bd3 ba2,284 sqft
3.04% VA
$945,000
$3,517/mo
2575 Victoria
Simi Valley, CA
4 bd4 ba2,408 sqft
2.88% FHA
$799,000
$2,677/mo
8314 Peyton Way
West Hills, CA
4 bd4 ba2,047 sqft
2.88% FHA
$799,000
$2,677/mo
8314 Peyton Way
West Hills, CA
4 bd4 ba2,047 sqft
Inventory snapshot
What’s assumable in Simi Valley right now
Live counts from the MLS feeds we index for California. Updated September 2026.
- Active listings
- 24
- Certified / verified
- 0
- Lowest rate
- 2.77%
- Median rate
- 4.55%
- Median list price
- $771,975
- Median cash to assume
- $257,401
Listings by locked rate
- Under 4%9 homes
- 4% – 5%4 homes
- 5% – 6%3 homes
- 6% and up8 homes
Listings by loan type
- FHA15 homesmedian 5.56%
- VA9 homesmedian 2.94%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homes by Simi Valley ZIP code
Nearby markets
More assumable homes in California
- San Diego257
- Los Angeles124
- Chula Vista105
- Victorville96
- Lancaster86
- Palmdale81
- Hemet80
- Murrieta72
- Menifee69
- Temecula65
- Oceanside59
- El Cajon58
- Apple Valley57
- San Bernardino57
- Riverside52
- Lake Elsinore44
- Winchester43
- Corona42
- Hesperia41
- Indio40
- Stockton40
- Sacramento39
- Beaumont37
- Moreno Valley37
Run your numbers
The cost of waiting in Simi Valley.
A 7.2% new loan against an assumable one at 4.55%, same balance, 30 years.
You keep every month
$1,042/mo
Over a year$12,502
Monthly payment, side by side
7.2% vs 4.55%
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 Simi Valley
Numbers below come from current Simi Valley inventory and update as listings change.
- How many assumable homes are for sale in Simi Valley?
- As of September 2026, UMe tracks 24 active assumable listings in Simi Valley. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
- What types of assumable loans are available in Simi Valley?
- Current Simi Valley inventory breaks down as FHA (15, median 5.56%) and VA (9, median 2.94%). 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 Simi Valley right now?
- The lowest rate on an active Simi Valley assumable listing is 2.77%, and the median across all 24 listings is 4.55%. 9 listings are under 4% and 13 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 Simi Valley?
- Across current Simi Valley listings, the median principal-and-interest payment on the assumable loan is $2,461 per month versus $3,653 for the same balance at today's rates, a difference of about $1,191 every month, or $14,298 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 Simi Valley?
- When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Simi Valley that gap is currently a median of $257,401 on a median list price of $771,975. 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 Simi Valley ZIP codes have the most assumable homes?
- The Simi Valley ZIP codes with the most active assumable listings are 93065 (15) and 93063 (9). 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 Simi Valley?
- 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 Simi Valley.
Every listing on the map has a rate you can take over. Start with the ones in California, or list your own low-rate loan and let buyers come to you.
