Properties / 998 S 239TH Lane
FHA ASSUMABLERate: 6.54%

998 S 239TH Lane

$270,000
Buckeye, AZ 85326
3 beds2 baths1,065 sqftSingle Family
The assumable advantage
6.54%
FHA assumed rate
$64,061 interest already paid off
Estimated Loan Balance$290,111
Cash to close$0
Est. Monthly PITI$2,288
Initial Loan Amount$299,475
Time on site50 days
Remaining Term26 years, 9 months
Seller's equity (what you pay)
$0
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

Bright, well-maintained Buckeye home offering comfort, style, and easy everyday living. Inviting curb appeal with clean desert landscaping welcomes you in. Inside, spacious living areas feature plush carpeting and a functional layout ideal for relaxing or entertaining. The open kitchen showcases rich cabinetry, granite countertops, stainless steel appliances, and a window over the sink that fills the space with natural light. A cozy dining nook overlooks the backyard with convenient access to the patio. Step outside to a private backyard retreat with room to entertain, grill, or garden. Conveniently located with quick access to I-10, making commuting and daily travel simple. Move-in ready and designed for comfortable Arizona living.

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 $0. 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 feet1,065
Property typeSingle Family
MLS #6998130
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)
$1,916/mo
Source est. payment (PITI)
$2,288/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.