Properties / 727 W 13TH Street
FHA ASSUMABLERate: 3.84%

727 W 13TH Street

$224,900
Casa Grande, AZ 85122
2 beds2 baths1,092 sqftSingle Family
The assumable advantage
3.84%
FHA assumed rate
$29,841 interest already paid off
Estimated Loan Balance$59,816
Cash to close$165,438
Est. Monthly PITI$626
Initial Loan Amount$78,551
Time on site50 days
Remaining Term18 years, 11 months
Seller's equity (what you pay)
$165,084
Cash or secondary financing
Monthly savings
$955
Versus today's market rate
Est. savings per year
$11K
Versus today's market rate

About this home

Affordably priced, this charming 2-bedroom, 2-bath home is the perfect opportunity for first-time homebuyers, downsizers, or investors! This well-maintained home offers comfortable living with low-maintenance features throughout. Step inside to discover tile flooring throughout the home, a spacious eat-in kitchen with plenty of room to gather, and skylights that fill both bathrooms with natural light. The secondary bedroom features a walk-in closet, while the separate laundry and storage room provides additional convenience and functionality. Situated on a generously sized lot, the property is fully enclosed with a newer block fence, RV gate, and walk-in gate creating privacy and security. The backyard offers plenty of space to enjoy Arizona living, complete with a garden area and mature fruit trees ready for your personal touch. Affordable homes with this combination of value, outdoor space, and financing flexibility are hard to find. Whether you're purchasing your first home, looking to downsize, or searching for a great investment property, this home is one you won't want to miss! Consider using a Down Payment assistance program for minimal down.

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 $165,084. 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

Bedrooms2
Bathrooms2
Square feet1,092
Property typeSingle Family
MLS #7049855
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)
$371/mo
Source est. payment (PITI)
$626/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$165,084

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

$0$165,084
Additional funds needed$0

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