Properties / 2658 W SILVER CREEK Lane
FHA ASSUMABLERate: 3.6%

2658 W SILVER CREEK Lane

$370,000
San Tan Valley, AZ 85144
4 beds2 baths1,953 sqftSingle Family
The assumable advantage
3.6%
FHA assumed rate
$62,645 interest already paid off
Estimated Loan Balance$251,958
Cash to close$118,603
Est. Monthly PITI$1,773
Initial Loan Amount$289,557
Time on site8 days
Remaining Term23 years, 7 months
Seller's equity (what you pay)
$118,042
Cash or secondary financing
Monthly savings
$860
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

Beautiful, 4 bed, 2 bath residence in San Tan Heights is now for sale! Featuring great curb appeal, a low-care landscape, and a 2 car garage, it's sure to be the one for you! Inside you will find spacious dining & living areas w/durable wood-look tile flooring, crown molding, modern light fixtures, and neutral palette throughout. The fabulous kitchen comes equipped w/everything you'll need for home cooking, ample cabinetry, quartz counters, subway tile backsplash, stainless steel appliances, and a center island w/a breakfast bar for casual meals. The primary suite offers soft carpet, a private bath, and a walk-in closet for all your belongings. Also including a cozy backyard w/a covered patio and artificial turf. Home remodeled in 2020 & AC system replaced 2026!

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 $118,042. 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
Bathrooms2
Square feet1,953
Property typeSingle Family
MLS #7075010
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)
$1,322/mo
Source est. payment (PITI)
$1,773/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$118,042

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

$0$118,042
Additional funds needed$0

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