Properties / 630 Shadow Mountain Drive
FHA ASSUMABLERate: 3.29%

630 Shadow Mountain Drive

$600,000
Kingman, AZ 86409
5 beds3 baths3,485 sqftSingle Family
The assumable advantage
3.29%
FHA assumed rate
$64,933 interest already paid off
Estimated Loan Balance$285,289
Cash to close$319,897
Est. Monthly PITI$2,046
Initial Loan Amount$325,600
Time on site28 days
Remaining Term23 years, 6 months
Seller's equity (what you pay)
$314,711
Cash or secondary financing
Monthly savings
$2,084
Versus today's market rate
Est. savings per year
$25K
Versus today's market rate

About this home

MILLION DOLLAR VIEW! Best views in Kingman. This is a completely renovated 5 bedroom, 3 full bathroom home with an attached boat deep 2 car garage and a large detached 25x35ft shop with 10ft tall doors, on a full 1 acre lot. There is nothing remaining of the its former self after a full remodel that includes: new HVAC including the ducting, windows, doors, trim, all new electrical including an 20 amp circuit panel. All new plumbing, new tankless water heater, new interior and exterior paint, new recessed lighting throughout, ceiling fans, vinyl plank flooring. The kitchen includes: granite countertops, new soft close cabinets, LARGE walk-in pantry, tile backsplash, stainless steel appliances, farmhouse porcelain sink, pot filler above the gas stove, built in automatic opening microwave, lazy susans and a breakfast bar large enough for the whole family. New bathrooms include: tiled showers, new vanities, new toilets, light fixtures, and a soaking tub. New woodburning stove, added smart home features, mature trees, large covered back patio, RV parking, 2 storage rooms with electric for crafts, hobbies or for everyday storage round out this perfect home.

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 $314,711. 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
Bathrooms3
Square feet3,485
Property typeSingle Family
MLS #035916
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)
$1,454/mo
Source est. payment (PITI)
$2,046/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$314,711

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

$0$314,711
Additional funds needed$0

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