Properties / 1137 E BISNAGA Street
FHA ASSUMABLERate: 5.3%

1137 E BISNAGA Street

$254,900
Casa Grande, AZ 85122
4 beds2 baths1,513 sqftSingle Family
The assumable advantage
5.3%
FHA assumed rate
$43,323 interest already paid off
Estimated Loan Balance$189,687
Cash to close$65,213
Est. Monthly PITI$1,486
Initial Loan Amount$202,228
Time on site1 day
Remaining Term25 years, 10 months
Seller's equity (what you pay)
$65,213
Cash or secondary financing
Monthly savings
$378
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

UPGRADES, SPACE & NO HOA! Get ready to fall in love with this charming 4-bedroom brick home packed with updates and possibilities! Step inside to a bright, inviting layout featuring new flooring, fresh interior paint, and remodeled bathrooms. The updated kitchen boasts granite countertops and an open feel, perfect for cooking, gathering, and entertaining. Need flexibility? One bedroom features a private separate entrance, ideal for guests, a home office, or added privacy. A large storage room provides plenty of room for all your extras. Enjoy added peace of mind with a newer roof, newer A/C, and upgraded insulation. Fresh exterior paint completes the move-in-ready look. Add in NO HOA, classic brick construction, and a great mix of comfort and flexibility.

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 $65,213. 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 feet1,513
Property typeSingle Family
MLS #7068215
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)
$1,125/mo
Source est. payment (PITI)
$1,486/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$65,213

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

$0$65,213
Additional funds needed$0

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