Properties / 48 N Maple
FHA ASSUMABLERate: 5.52%

48 N Maple

$449,000
Mesa, AZ 85205
3 beds2 baths1,320 sqftSingle Family
The assumable advantage
5.52%
FHA assumed rate
$84,251 interest already paid off
Estimated Loan Balance$365,739
Cash to close$86,334
Est. Monthly PITI$2,693
Initial Loan Amount$384,615
Time on site50 days
Remaining Term26 years
Seller's equity (what you pay)
$83,261
Cash or secondary financing
Monthly savings
$438
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

This updated home offers a perfect blend of style and functionality, highlighted by a stunning shiplap accent wall with a built-in electric fireplace that creates a warm and inviting focal point. The updated kitchen is a true showstopper, featuring sleek GE Café appliances and modern finishes that make both everyday living and entertaining a joy. The board and batten detailing adds character to the walls, while fresh paint throughout gives the home a crisp, move-in-ready feel. Situated on a spacious lot, the property provides ample room to store your RV, boat, and all your toys, complete with an RV gate and fresh gravel for easy access and low maintenance. A separate workshop or shed adds even more versatility, making this home as practical as it is beautiful.

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 $83,261. 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 feet1,320
Property typeSingle Family
MLS #7001389
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)
$2,210/mo
Source est. payment (PITI)
$2,693/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$83,261

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

$0$83,261
Additional funds needed$0

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