Properties / 19783 W PALO VERDE Drive
FHA ASSUMABLERate: 6.65%

19783 W PALO VERDE Drive

$540,000
Litchfield Park, AZ 85340
5 beds5 baths3,100 sqftSingle Family
The assumable advantage
6.65%
FHA assumed rate
$37,063 interest already paid off
Estimated Loan Balance$370,372
Cash to close$171,044
Est. Monthly PITI$2,936
Initial Loan Amount$374,440
Time on site50 days
Remaining Term28 years, 7 months
Seller's equity (what you pay)
$169,628
Cash or secondary financing
Monthly savings
$770
Versus today's market rate
Est. savings per year
$9K
Versus today's market rate

About this home

A thoughtfully designed home offering the space, layout, and upgrades today's buyers are looking for. Offering over 3,100 square feet with 5 bedrooms, 4.5 bathrooms, a den, and a spacious upstairs loft, this home provides flexibility, comfort, and the kind of space buyers want, including a second primary suite located downstairs, ideal for guests or multi-generational living. The oversized primary closet, walk-in pantry, and large upstairs laundry room with cabinetry add to the home's functionality. The kitchen is both stylish and practical, featuring granite countertops, upgraded dark cabinetry, reverse osmosis, and a pre-plumbed ice line. Additional upgrades include a tankless water heater, salt water softener loop, and a smart thermostat for modern efficiency. Thoughtful details continue throughout with recessed lighting, ceiling fans in all the right places, a low-threshold walk-in tile shower, and hardwired ethernet ports. Cable-concealed TV connections and a smart garage door opener make this home move-in ready for today's lifestyle. The backyard offers a covered patio with extended side walls for added privacy, cinder block fencing, and direct garage access. The north-south exposure and mountain views create a comfortable outdoor space you can enjoy year-round. Located in the Canyon Views community, residents enjoy parks, playgrounds, walking paths, and sport courts, creating a great environment for outdoor living. Convenient access to I-10 and Loop 303 makes commuting easy while keeping you close to shopping, dining, and everyday essentials.

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 $169,628. 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

Bedrooms5
Bathrooms5
Square feet3,100
Property typeSingle Family
MLS #7018524
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)
$2,415/mo
Source est. payment (PITI)
$2,936/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$169,628

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

$0$169,628
Additional funds needed$0

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