Properties / 10998 W SACATE Drive
FHA ASSUMABLERate: 7.04%

10998 W SACATE Drive

$219,900
Arizona City, AZ 85123
5 beds3 baths2,176 sqftSingle Family
The assumable advantage
7.04%
FHA assumed rate
$554 interest already paid off
Estimated Loan Balance$5,204
Cash to close$214,703
Est. Monthly PITI$245
Initial Loan Amount$5,297
Time on site21 days
Remaining Term24 years, 7 months
Seller's equity (what you pay)
$214,696
Cash or secondary financing
Monthly savings
$1,260
Versus today's market rate
Est. savings per year
$15K
Versus today's market rate

About this home

Come and discover this lovely 5-bedroom residence offering comfort, convenience, and functionality! Inside, find a perfectly flowing open floor plan highlighted by a cozy fireplace that creates a warm and inviting heart of the home. You'll also LOVE the wood-look flooring, vaulted ceilings, custom palette, stylish light fixtures, ceiling fans, and abundant natural light throughout. The kitchen is equipped with plenty of cabinetry, and a breakfast nook. Check out the sizable primary bedroom, featuring a private bathroom with a soaking tub. One Jack & Jill bathroom! At the end of the day, unwind on the relaxing deck while sipping your refreshing drink and enjoying the peaceful surroundings.

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 $214,696. 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

Bedrooms5
Bathrooms3
Square feet2,176
Property typeSingle Family
MLS #7069612
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)
$37/mo
Source est. payment (PITI)
$245/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$214,696

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

$0$214,696
Additional funds needed$0

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