Properties / 12438 N SAGUARO Boulevard
FHA ASSUMABLERate: 6.82%

12438 N SAGUARO Boulevard

$449,000
Fountain Hills, AZ 85268
3 beds3 baths1,728 sqftSingle Family
The assumable advantage
6.82%
FHA assumed rate
$63,827 interest already paid off
Estimated Loan Balance$398,315
Cash to close$52,649
Est. Monthly PITI$3,078
Initial Loan Amount$405,982
Time on site50 days
Remaining Term27 years, 9 months
Seller's equity (what you pay)
$50,685
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Welcome to the Beautiful Fountain Hills community. This spacious 3 bedroom, 2.5 bath offers beautiful Spanish tile downstairs with new carpet and paint throughout the Townhome. Nice spacious kitchen comes with Refrigerator, Electric Range/Oven , Electric cooktop, Disposal, Dishwasher, Pantry, and granite counter tops. Wood shutters, and non laminate bar with seating. Also has separate Dining room. High ceilings with new ceiling fans, Laundry downstairs with 1/2 bath. Nice back patio with fruit tree and storage, Nice front porch with dual entry doors. All bedrooms upstairs have large Balconies. Very Centrally located, walking distance to Main Street, golf courses and Saguaro Lake. Truly a must see.

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 $50,685. 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 feet1,728
Property typeSingle Family
MLS #7006815
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$2,668/mo
Source est. payment (PITI)
$3,078/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$50,685

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

$0$50,685
Additional funds needed$0

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