Properties / 43228 W KNAUSS Drive
FHA ASSUMABLERate: 4.2%

43228 W KNAUSS Drive

$540,000
Maricopa, AZ 85138
4 beds3 baths4,307 sqftSingle Family
The assumable advantage
4.2%
FHA assumed rate
$104,056 interest already paid off
Estimated Loan Balance$233,144
Cash to close$310,920
Est. Monthly PITI$2,070
Initial Loan Amount$284,340
Time on site50 days
Remaining Term20 years, 5 months
Seller's equity (what you pay)
$306,856
Cash or secondary financing
Monthly savings
$1,766
Versus today's market rate
Est. savings per year
$21K
Versus today's market rate

About this home

Come see this luxurious floorplan, featuring a downstairs master bedroom, multiple lofts, and custom theater room, with NEW CARPET and NEW EXTERIOR PAINT! From the moment you arrive and see the beautiful curb appeal and majestic architecture, you'll know this house is special, beyond the upgraded 2X6 construction. Enter to find soaring 20-foot ceilings and a welcoming living room with gas fireplace. Continue to find an upgraded kitchen with granite counters and plenty of cabinets, and a bar area off the family room. Head upstairs to the custom theater room with tiered seating. 10,000sf lot means a HUGE backyard, and it comes with a full-length covered patio, plus a drive-through garage. INCREDIBLE BUYER INCENTIVES AVAILABLE!!

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 $306,856. 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
Bathrooms3
Square feet4,307
Property typeSingle Family
MLS #6982623
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)
$1,419/mo
Source est. payment (PITI)
$2,070/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$306,856

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

$0$306,856
Additional funds needed$0

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