Properties / 31292 N SADDLEBAG Lane
FHA ASSUMABLERate: 3.97%

31292 N SADDLEBAG Lane

$640,000
San Tan Valley, AZ 85143
5 beds3 baths3,149 sqftSingle Family
The assumable advantage
3.97%
FHA assumed rate
$71,319 interest already paid off
Estimated Loan Balance$180,964
Cash to close$459,938
Est. Monthly PITI$1,544
Initial Loan Amount$220,543
Time on site50 days
Remaining Term21 years, 1 month
Seller's equity (what you pay)
$459,036
Cash or secondary financing
Monthly savings
$2,717
Versus today's market rate
Est. savings per year
$33K
Versus today's market rate

About this home

Welcome to The Estates at Johnson Ranch, where neighbors still wave hello, pride of ownership is evident, and community feels personal. This 3,149 sq ft home offers the opportunity to become part of one of Johnson Ranch's most established neighborhoods. Designed for the way today's families live, it features 5 bedrooms, 3 full baths, including a main-level bedroom and full bath, a spacious loft, 3-car garage, and RV gate. The open kitchen flows seamlessly into the family room, creating an inviting space for everyday living and entertaining, while the spacious backyard is ready for your personal vision. Enjoy Johnson Ranch's amenities, including multiple pools, parks, golf, pickleball and tennis courts, walking paths, and year-round recreation.

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 $459,036. 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 feet3,149
Property typeSingle Family
MLS #7057309
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)
$1,057/mo
Source est. payment (PITI)
$1,544/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$459,036

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

$0$459,036
Additional funds needed$0

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