Properties / 1996 E LARIAT Avenue
FHA ASSUMABLERate: 7.17%

1996 E LARIAT Avenue

$455,000
San Tan Valley, AZ 85140
4 beds3 baths2,431 sqftSingle Family
The assumable advantage
7.17%
FHA assumed rate
$76,750 interest already paid off
Estimated Loan Balance$439,862
Cash to close$17,188
Est. Monthly PITI$3,546
Initial Loan Amount$448,187
Time on site50 days
Remaining Term27 years, 8 months
Seller's equity (what you pay)
$15,138
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

Check out this gorgeous two-story home in Palomino at Wales Ranch! Discover the thoughtfully designed living areas, perfect for entertaining and relaxation, showcasing tile flooring, abundant natural light, sliding doors to the patio, and neutral colors throughout. The open-concept kitchen is equipped with everything to make home cooking a breeze, including shaker-style cabinets, tile backsplash, quartz countertops, built-in appliances, and an island with a breakfast bar, perfect for meal prep and quick bites. The primary retreat promises a good night's sleep, complete with a walk-in closet for added organization and a bathroom with an oversized dual-sink vanity. You'll love the extra living space with the loft, perfect for a kids' playroom or TV area. Get ready for weekend grills and cheerful evenings in the backyard, featuring a cozy covered patio ideal for morning coffee, a grass area perfect for games, and plenty of space for outdoor activities. What's not to love? Make it yours now!

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 $15,138. 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

Bedrooms4
Bathrooms3
Square feet2,431
Property typeSingle Family
MLS #7018400
CountyMaricopa County
Assumable loanFHA
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Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
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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)
$3,050/mo
Source est. payment (PITI)
$3,546/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$15,138

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

$0$15,138
Additional funds needed$0

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