1 of 26

1862 Center St

Jupiter, FL 33458

3 beds · 2 baths · 1,367 sqft

$599,000

$2,678/mo with 3.62% Express Financing

$3,244/mo with 7% bank financing

Get prequalified

1862 Center St

Jupiter, FL 33458

3 beds · 2 baths · 1,367 sqft

$599,000

$2,678/mo with 3.62% Express Financing

$3,244/mo with 7% bank financing

Get prequalified
About this home

PERK: Ultra low electric bills--typically just $20-$40 per month.Rare opportunity to own one of the few no HOA homes in Jupiter on an oversized 10,133 sq ft lot. This charming 3-bedroom, 2-bath starter home offers great potential for first-time buyers, investors, or as a vacation rental. The layout is functional and inviting, featuring a recently enclosed patio with hurricane impact windows, a metal roof, new flooring, new water heater and a new AC. The spacious lot allows room to expand, add a pool, or park a boat/RV--no restrictions. Ideally located just 10 minutes from the Beach, 5 minutes to Publix, shopping, and dining, and under 10 minutes to top-rated schools. Only 15 minutes to Brightline West Palm and with quick access to I-95 and US-1. A rare find in an unbeatable location.

Source: MIAMIRE #A11827766

1,367 sqft
10,133.0 sqft
Single Family
Built in 1960
Air conditioning
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 $3,244 monthly payment

Financed
SIGNIN
Payment details
Principal & interest
$1,453
Mortgage insurance
$225
Property taxes
$454
Home insurance
$544
HOA fees
-
Utilities
Not included
Total monthly payment
$2,678
Loan details
Loan type
FHA
Remaining balance
$284,340.87
Remaining term
24 yrs and 8 mos
Neighborhood
FAQs

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.

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 580, 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.

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.

When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.

View all FAQs
Last updated: Jul 17, 2025 07:57 pm
Listing provided courtesy of: Luxe Properties (305) 809-7650
Details provided by MIAMIRE and may not match the public record.
MLS ID: #A11827766
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.