Properties / 2440 S 246TH Lane
FHA ASSUMABLERate: 4.72%

2440 S 246TH Lane

$390,000
Buckeye, AZ 85326
4 beds2 baths2,153 sqftSingle Family
The assumable advantage
4.72%
FHA assumed rate
$79,692 interest already paid off
Estimated Loan Balance$375,397
Cash to close$14,603
Est. Monthly PITI$2,804
Initial Loan Amount$403,545
Time on site6 days
Remaining Term25 years, 9 months
Seller's equity (what you pay)
$14,603
Cash or secondary financing
Monthly savings
$199
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

This original-owner Sundance home offers a beautifully flowing 4-bedroom PLUS den layout with 2 baths across 2,153 SqFt, featuring an open great room design that blends comfort and functionality. The kitchen stands out with espresso maple cabinets, granite countertops, stainless appliances, a walk-in pantry, and an island with a breakfast bar, all opening seamlessly to the main living space. From the great room, sliding doors lead to a covered patio and a large backyard ready for your custom landscape vision. The primary bedroom includes an en-suite bath with a dual-sink vanity, tub/shower combo, and a walk-in closet. Additional highlights include two-tone paint, ceiling fans throughout, solar for energy savings, and a 2-car garage, making this home both inviting and efficient.

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 $14,603. 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
Bathrooms2
Square feet2,153
Property typeSingle Family
MLS #7076235
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)
$2,101/mo
Source est. payment (PITI)
$2,804/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$14,603

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

$0$14,603
Additional funds needed$0

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