Properties / 973 E Alimos Way
FHA ASSUMABLERate: 3.07%

973 E Alimos Way

$330,000
Williams, AZ 86046
4 beds3 baths sqftSingle Family
The assumable advantage
3.07%
FHA assumed rate
$34,520 interest already paid off
Estimated Loan Balance$228,979
Cash to close$101,513
Est. Monthly PITI$1,444
Initial Loan Amount$253,326
Time on site36 days
Remaining Term25 years, 5 months
Seller's equity (what you pay)
$101,021
Cash or secondary financing
Monthly savings
$864
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

Space, privacy, and flexibility on a fenced 1 acre corner lot! Recently re-leveled, this 4 bedroom, 3 bath home offers an open great room with a wood stove plus a spacious bonus room with its own wood-burning fireplace, ideal for a game room, media room, office, or guest retreat. The split floor plan provides privacy for the primary suite with soaking tub and walk-in shower. Furnace and central AC provide year round comfort. Outside, enjoy a large deck, fenced yard with separate pet area, storage shed, and mountain views. Short-term rental use is allowed, offering income potential near Route 66 and the Grand Canyon. Conventional, FHA, and VA financing options available.

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 $101,021. 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
Property typeSingle Family
MLS #205512
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)
$1,082/mo
Source est. payment (PITI)
$1,444/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$101,021

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

$0$101,021
Additional funds needed$0

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