Properties / 26135 N DESERT MESA Drive
FHA ASSUMABLERate: 6.67%

26135 N DESERT MESA Drive

$525,000
Surprise, AZ 85387
3 beds2 baths2,483 sqftSingle Family
The assumable advantage
6.67%
FHA assumed rate
$35,214 interest already paid off
Estimated Loan Balance$485,567
Cash to close$39,886
Est. Monthly PITI$3,645
Initial Loan Amount$489,961
Time on site21 days
Remaining Term29 years
Seller's equity (what you pay)
$39,433
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

This is the setup buyers search for and rarely find - corner lot, sparkling pool, greenbelt at your back door with no neighbors directly behind you. This 3 bed+Den, 2 bath, 2,483sqft open floor plan home is move-in ready and shows like it's barely been lived in. But the real story is outside: a lot that gives you extra breathing room, pool for the Arizona summers and fire pit area to sit back and relax. Unlike new construction in the area, there's no lot premium, no waiting and no dirt yard to landscape. The pool, lot, and backdrop are already here, done, and ready to enjoy from day one. This is the rare combination of privacy and position that doesn't come up often in Surprise at this price point. Don't miss out on this opportunity today!

How assumption works for this home

Can I assume this FHA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.

How much cash do I actually need?

You need to cover the seller's equity of $39,433. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms3
Bathrooms2
Square feet2,483
Property typeSingle Family
MLS #7069697
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$3,158/mo
Source est. payment (PITI)
$3,645/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$39,433

Asking price minus remaining loan balance. Closing costs are additional.

$0$39,433
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.