Properties / 13096 E ASTER Lane
FHA ASSUMABLERate: 3.5%

13096 E ASTER Lane

$254,900
Florence, AZ 85132
3 beds2 baths1,134 sqftSingle Family
The assumable advantage
3.5%
FHA assumed rate
$39,645 interest already paid off
Estimated Loan Balance$168,620
Cash to close$86,280
Est. Monthly PITI$1,245
Initial Loan Amount$193,333
Time on site11 days
Remaining Term23 years, 10 months
Seller's equity (what you pay)
$86,280
Cash or secondary financing
Monthly savings
$633
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

Don't miss this upgraded Taos floor plan located in the desirable Magma Ranch. This inviting single-story home offers 3 bedrooms, 2 full baths, and a bright, open-concept layout designed for comfortable everyday living and entertaining. Enjoy energy-efficient appliances, spacious countertops, beautiful wood cabinetry, brushed nickel hardware, and an attached 2-car garage. The private primary suite features a generous walk-in closet, while the fully fenced backyard offers ample space to relax, entertain, or create your own outdoor retreat. A covered entry and front yard landscaping add welcoming curb appeal. Community pool, fitness center, parks, splash pads, dining areas, fire pits, bbq grills, and more!

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 $86,280. 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 feet1,134
Property typeSingle Family
MLS #7064717
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)
$870/mo
Source est. payment (PITI)
$1,245/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$86,280

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

$0$86,280
Additional funds needed$0

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