Properties / 19955 W HEATHERBRAE Drive
FHA ASSUMABLERate: 3.06%

19955 W HEATHERBRAE Drive

$425,000
Litchfield Park, AZ 85340
3 beds3 baths2,006 sqftSingle Family
The assumable advantage
3.06%
FHA assumed rate
$48,356 interest already paid off
Estimated Loan Balance$286,771
Cash to close$141,989
Est. Monthly PITI$2,000
Initial Loan Amount$318,686
Time on site50 days
Remaining Term24 years, 10 months
Seller's equity (what you pay)
$138,229
Cash or secondary financing
Monthly savings
$1,131
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

3.375% Assumable FHA Loan Available! Move-in ready! Plus, priced below recent comparable sales in Verrado East, this beautifully maintained 2021 home offers exceptional value in one of the West Valley's most sought-after master-planned communities. Featuring 3 bedrooms, 3 bathrooms, and 2,006 square feet, the thoughtfully designed split floor plan offers both privacy and functionality. The open-concept kitchen flows seamlessly into the spacious great room, making it ideal for everyday living and entertaining, while the private primary suite provides a peaceful retreat. Enjoy all that Verrado has to offer, including miles of walking and biking trails, parks, golf, fitness amenities, community pools, charming Main Street shopping and dining, top-rated schools, and convenient access to I-10 convenient access to the growing amenities of the West Valley.

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 $138,229. 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
Bathrooms3
Square feet2,006
Property typeSingle Family
MLS #6999532
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)
$1,375/mo
Source est. payment (PITI)
$2,000/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$138,229

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

$0$138,229
Additional funds needed$0

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