FHA
Active
27$539,000$101,702 equity gap
- Rate
- 2.98%
7.40%today- Payment
- $2,065/mo
$3,399today
- 2beds
- 2baths
- 1,155sqft
Thousand Oaks, California
Assumable homes for salein Thousand Oaks, California.
12 homes in Thousand Oaks carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.72%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Thousand Oaks assumable market
by the numbers.
12active assumable listings
2.72%lowest locked rate
$587kmedian list price
$996saved per month vs. 7.2%
About the market
Assumable mortgagesin Thousand Oaks, explained.
Every number on this page comes from the live MLS feeds UMe indexes for California, filtered to Thousand Oaks. Updated October 2026.
How assumptions work for buyersThousand Oaks, California has 12 homes for sale with an assumable mortgage as of October 2026: 7 VA loans and 5 FHA 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 Thousand Oaks assumable listings start at 2.72% with a median of 4.13%; 6 listings are under 4% and 7 are under 5%.
The median assumable home in Thousand Oaks lists for $587,450, with a median of $209,064 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 $2,574 a month versus $3,570 for the same balance at today's rate, roughly $996 kept every month and $11,952 a year. The most active Thousand Oaks ZIP codes are 91360 (7), 91362 (4), and 91320 (1).
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 Thousand Oaks assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Thousand Oaks
View all 12 on the map Homes on the marketin Thousand Oaks.
VA
Active
39$739,000$215,898 equity gap
- Rate
- 2.71%
7.40%today- Payment
- $2,437/mo
$4,154today
- 3beds
- 1baths
- 1,040sqft
807 Talbert Avenue, Simi Valley
VA
Active
34$899,950$194,675 equity gap
- Rate
- 2.77%
7.40%today- Payment
- $3,246/mo
$5,491today
- 3beds
- 2baths
- 1,427sqft
3055 Waco Avenue, Simi Valley
FHA
Active
38$819,999$192,877 equity gap
- Rate
- 3.00%
7.40%today- Payment
- $2,981/mo
$4,895today
- 3beds
- 2baths
- 1,632sqft
789 Hudspeth Street, Simi Valley
VA
Active
38$1,099,000$265,950 equity gap
- Rate
- 3.03%
7.40%today- Payment
- $4,065/mo
$6,649today
- 3beds
- 3baths
- 2,041sqft
588 Monteleone Avenue, Oak Park
VA
Active
34$450,000$110,203 equity gap
- Rate
- 3.33%
7.40%today- Payment
- $1,727/mo
$2,720today
- 2beds
- 1baths
- 956sqft
569 Rio Grande Circle, Thousand Oaks
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 Thousand Oaks.
Live counts from the MLS feeds we index for California. Updated October 2026.
- Active listings
- 12
- UMe Certified / verified
- 0
- Lowest rate
- 2.72%
- Median rate
- 4.13%
- Median list price
- $587,450
- Median cash to assume
- $209,064
Thousand Oaks listings by locked rate
- Under 4%6 homes
- 4% – 5%1 home
- 5% – 6%2 homes
- 6% and up3 homes
Thousand Oaks listings by loan type
- VA7 homesmedian 3.00%
- FHA5 homesmedian 6.36%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Thousand Oaks ZIP code.
Each ZIP opens the Thousand Oaks map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Thousand Oaks numbers
What an assumable ratedoes to a Thousand Oaks payment.
The sliders start at the median Thousand Oaks assumable listing: $587,450 list price and a 4.13% 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)$205,000
35% 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 Thousand Oaks
$1,993/mo
New loan at 7.20%$2,579
Assumed at 4.15%
$1,993
Every month$587
Over five years$35,191
Interest you never pay$306,80426-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 Thousand Oaks listing on UMe shows the actual balance, rate, and payment.
How it works in Thousand Oaks
How to assumea mortgage in Thousand Oaks.
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 Thousand Oaks home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Thousand Oaks 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 $209,064 in Thousand Oaks 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 Thousand Oaks payment written in a different decade.
Thousand Oaks questions
Assuming a mortgagein Thousand Oaks.
The numbers below come from current Thousand Oaks inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Thousand Oaks?
As of October 2026, UMe tracks 12 active assumable listings in Thousand Oaks. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Thousand Oaks?
Current Thousand Oaks inventory breaks down as VA (7, median 3.00%) and FHA (5, median 6.36%). 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 Thousand Oaks?
The lowest rate on an active Thousand Oaks assumable listing is 2.72%, and the median across all 12 listings is 4.13%. 6 listings are under 4% and 7 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 Thousand Oaks?
Across current Thousand Oaks listings, the median principal-and-interest payment on the assumable loan is $2,574 per month versus $3,570 for the same balance at today's rates, a difference of about $996 every month, or $11,952 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 Thousand Oaks?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Thousand Oaks that gap is currently a median of $209,064 on a median list price of $587,450. 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 Thousand Oaks ZIP codes have the most assumable homes?
The Thousand Oaks ZIP codes with the most active assumable listings are 91360 (7), 91362 (4), and 91320 (1). 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 Thousand Oaks?
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
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Ready when you are
Stop overpaying for Thousand Oaks.The rate is already on the house.
Every listing on the Thousand Oaks map has a rate you can take over. Start with the ones in Thousand Oaks, get pre-qualified in minutes, and let UMe carry the assumption to closing.