VA loan
1 of 35
VA loan
$425,000 SIGNIN

Sign in to see required down payment for the 2.875% rate

8679 High School Blvd, Navarre, FL 32566

4 beds · 2 baths · 2,052 sqft

Welcome HOME! This IMMACULATELY maintained home is waiting for you to Move right In! Everything has been done to make this property Sparkle. ALL NEW Interior Paint to include Doors (inside and out!) baseboards, walls and even the garage. Carpets (Bedrooms only!) have been professionally cleaned. The low maintenance landscaping refreshed. You enter into the appointed Foyer with a sun lit Dining Room to your right. The Living Room is Huge and allows views to the Gorgeous Backyard with Pergola Covered Patio. The Hop-Up Breakfast Bar gives views to the Massive Kitchen with loads of Counter Space and Cabinets along with a Window Graced Eat-In Area. Large Owners Suite with His & Hers Closets, Soaker Tub and Separate Shower. Inside Laundry with additional Shelving. Split Bedrooms with Bath are located on the west side of the home. You can sit on the freshly power washed driveway and watch the Navarre High School Sports! SO convenient to Shopping, Restaurants and the Beaches. Straight shot up Hwy 87 to the Interstate! Less than 11 miles to Hurlburt Field! PER THE SELLER: Roof Nov 2020 HVAC Mar 2016 Water Heater Apr 2021 Reverse Osmosis Water Filtration System New Pump for Lawn Irrigation System Front & Back Security Cameras Left for the New Owners Pergola over Back Patio recently refurbished by Reef Runners Transferrable Termite Bond in place

Estimated
Seller's interest rate
2.875%
7%
Estimated
Monthly payment

$1,275
$1,679
You may also save up to $126,322 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $1,679 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
VA
Rate
2.875%
Remaining term
26 yrs
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,275
Principal & interest
$763
Mortgage insurance
-
Property taxes
$125
Home insurance
$386
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
2,052 sqft
Year built
2005
Type
Single Family Residence
HOA dues
$0.00

Source: PENSACOLA #659880

Qualify

To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

FHA (Federal Housing Administration) loans

FHA loans require the buyer to assume the mortgage as a primary residence.

VA (Veteran's Affairs) loans

You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.

Investors

You may be able to assume a VA mortgage as an investor without it being your primary residence.

Resources
Frequently asked questions

Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.

When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.

Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.

Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.

To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 620, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

View all FAQs
Last updated: Apr 17, 2025 12:16 pm
Listing agent: Paula Sherman (850) 218-0537
Listing provided courtesy of: ERA American Real Estate (850) 515-1001
Details provided by PENSACOLA and may not match the public record.
MLS ID: #659880
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Pensacola Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Roam Brokerage, LLC are governed by the PAR Rules and Regulations and detailed information about them includes the name of the listing companies. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Copyright © 2025 Pensacola Association of REALTORS®, Inc. All Rights Reserved.
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