Properties / 20 Torrey Pines Drive
FHA ASSUMABLERate: 6.65%

20 Torrey Pines Drive

$385,000
Mohave Valley, AZ 86440
4 beds2 baths1,851 sqftSingle Family
The assumable advantage
6.65%
FHA assumed rate
$28,009 interest already paid off
Estimated Loan Balance$295,658
Cash to close$89,626
Est. Monthly PITI$2,221
Initial Loan Amount$299,475
Time on site16 days
Remaining Term28 years, 8 months
Seller's equity (what you pay)
$89,342
Cash or secondary financing
Monthly savings
$344
Versus today's market rate
Est. savings per year
$4K
Versus today's market rate

About this home

Built in 2024, this beautifully maintained 4-bedroom, 2-bath home located directly on Hole 17 of El Rio Golf Course showcases true pride of ownership. The spacious open floor plan is perfect for everyday living and entertaining, featuring LVT flooring throughout the main living areas, carpet in the bedrooms, and ceiling fans in each bedroom. The kitchen offers a large pantry, eat-up counter, plenty of workspace, and a refrigerator that is included with the home. One bedroom features a custom Murphy bed, providing flexibility for a guest room, office, or additional living space. The primary suite offers a spacious walk-in shower along with a convenient built-in vanity in the walk-in closet. The garage features a custom gym area complete with its own mini-split system, creating a comfortable space for workouts year-round. With its desirable golf course location, modern construction, functional layout, thoughtful upgrades, and exceptional care throughout, this home is move-in ready and 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 $89,342. 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 feet1,851
Property typeSingle Family
MLS #041714
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)
$1,926/mo
Source est. payment (PITI)
$2,221/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$89,342

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

$0$89,342
Additional funds needed$0

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