Properties / 1310 S PARKCREST Street
FHA ASSUMABLERate: 2.88%

1310 S PARKCREST Street

$370,000
Mesa, AZ 85206
2 beds2 baths1,097 sqftSingle Family
The assumable advantage
2.88%
FHA assumed rate
$26,115 interest already paid off
Estimated Loan Balance$174,871
Cash to close$195,129
Est. Monthly PITI$1,266
Initial Loan Amount$199,781
Time on site1 day
Remaining Term22 years, 2 months
Seller's equity (what you pay)
$195,129
Cash or secondary financing
Monthly savings
$1,292
Versus today's market rate
Est. savings per year
$16K
Versus today's market rate

About this home

Welcome to Hunters Glen! Located directly across the street from the community park with a playground, greenbelt and basketball court. This home features a brand-new roof and new carpet, both completed in September 2026. The low-maintenance backyard is ready to enjoy with a putting green and pavered patio, plus a 2-car garage for plenty of storage. Move right in and enjoy as-is, or add your own style and make it yours!

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 $195,129. 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 feet1,097
Property typeSingle Family
MLS #7076988
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)
$890/mo
Source est. payment (PITI)
$1,266/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$195,129

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

$0$195,129
Additional funds needed$0

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