Properties / 13718 N 150TH Drive
FHA ASSUMABLERate: 3.61%

13718 N 150TH Drive

$525,000
Surprise, AZ 85379
5 beds6 baths3,503 sqftSingle Family
The assumable advantage
3.61%
FHA assumed rate
$81,184 interest already paid off
Estimated Loan Balance$193,606
Cash to close$334,632
Est. Monthly PITI$1,784
Initial Loan Amount$245,609
Time on site50 days
Remaining Term19 years, 10 months
Seller's equity (what you pay)
$331,394
Cash or secondary financing
Monthly savings
$1,956
Versus today's market rate
Est. savings per year
$23K
Versus today's market rate

About this home

This is IT! If you've been searching for a rare floor plan where every bedroom has its own private bathroom -- plus a separate casita -- this is the one. The home features brand-new carpet and fresh interior paint throughout, giving you a great starting point to make it your own. The spacious primary suite offers dual closets, separate soaking tub and shower, and double sinks, creating a comfortable private retreat. Downstairs includes no carpet, a nicely sized formal dining room, and a layout that offers flexibility for both everyday living and entertaining. This is truly a floor plan you need to see in person to appreciate. Additional highlights include a tandem 3-car garage and an excellent location in the highly desirable Marley Park community. The home faces a beautiful neighborhood park, providing open views and convenient access to green space. With its unique layout, casita, and prime location, this home presents a fantastic opportunity to personalize and add value.

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 $331,394. 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
Bathrooms6
Square feet3,503
Property typeSingle Family
MLS #6990522
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)
$1,140/mo
Source est. payment (PITI)
$1,784/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$331,394

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

$0$331,394
Additional funds needed$0

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