Properties / 12536 W SAINT MORITZ Lane
FHA ASSUMABLERate: 6.81%

12536 W SAINT MORITZ Lane

$310,000
El Mirage, AZ 85335
3 beds2 baths1,308 sqftSingle Family
The assumable advantage
6.81%
FHA assumed rate
$83,425 interest already paid off
Estimated Loan Balance$327,515
Cash to close$0
Est. Monthly PITI$2,688
Initial Loan Amount$340,862
Time on site43 days
Remaining Term26 years, 5 months
Seller's equity (what you pay)
$0
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Move-in ready, energy-efficient, and perfect for first-time buyers! This updated 3-bedroom, 2-bath home offers style and value. Featuring solar for added energy savings, this home welcomes you with soaring vaulted ceilings and updated wood-look flooring that create a bright, open feel. The spacious eat-in kitchen includes a breakfast bar, making it perfect for casual meals and entertaining. A generous 2-car garage provides plenty of storage for tools, hobbies, and everyday essentials. Ideally located near the community park, this home offers easy access to outdoor recreation while maintaining a peaceful neighborhood setting. Whether you're searching for your first home or a smart investment, this move-in-ready gem is one you won't want to miss!

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 $0. 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

Bedrooms3
Bathrooms2
Square feet1,308
Property typeSingle Family
MLS #7059600
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)
$2,229/mo
Source est. payment (PITI)
$2,688/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.