Properties / 1095 E Hillside Drive
FHA ASSUMABLERate: 6.5%

1095 E Hillside Drive

$380,000
Munds Park, AZ 86017
2 beds2 baths sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$30,679 interest already paid off
Estimated Loan Balance$330,935
Cash to close$49,394
Est. Monthly PITI$2,509
Initial Loan Amount$335,663
Time on site36 days
Remaining Term28 years, 7 months
Seller's equity (what you pay)
$49,065
Cash or secondary financing
Monthly savings
$115
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Immaculately maintained Mobile in Munds Park with a Garage, just 600' from the National Forest and Hiking Trails! Landscaped front yard, fully fenced back yard, with propane heat and concrete driveway for year round access! Enter past the sunny front porch, into the fully enclosed (Dimensions) Arizona / Game room, and then into the main home. Split bedroom floor plan with the guest bedroom & bathroom to the right, and living room to the left. Open and spacious layout with vaulted ceilings, dining area, new laminate flooring, indoor laundry, and all appliances are included! The back of the home features the primary bedroom with in-suite bathroom and walk in closet.

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 $49,065. 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
Property typeSingle Family
MLS #205507
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)
$2,126/mo
Source est. payment (PITI)
$2,509/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$49,065

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

$0$49,065
Additional funds needed$0

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