Properties / 11032 E SILVER SPRINGS Avenue
FHA ASSUMABLERate: 6.43%

11032 E SILVER SPRINGS Avenue

$509,999
Mesa, AZ 85212
4 beds3 baths2,454 sqftSingle Family
The assumable advantage
6.43%
FHA assumed rate
$98,136 interest already paid off
Estimated Loan Balance$475,189
Cash to close$36,962
Est. Monthly PITI$3,657
Initial Loan Amount$490,845
Time on site50 days
Remaining Term26 years, 11 months
Seller's equity (what you pay)
$34,810
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

Welcome to this stunning 4-bedroom, 3-bathroom home located on a premium corner lot in the highly desirable Bella Via neighborhood. Boasting breathtaking mountain views, this spacious residence offers the perfect blend of comfort, functionality, and Arizona charm. Step inside to find a thoughtfully designed floor plan featuring a full bedroom and bathroom on the first floor--ideal for guests, multigenerational living, or a private home office. The open-concept living spaces flow seamlessly, with plenty of natural light and room to entertain. Upstairs, you'll find a versatile loft area perfect for a media room, play space, or additional lounge. The generously sized bedrooms provide comfort for everyone, while the primary suite offers a peaceful retreat. Outside, the expansive backyard is a blank canvas ready for your vision--create your own personal desert oasis with room for a pool, outdoor kitchen, or lush landscaping. Conveniently located near parks, schools, and shopping, this home offers both tranquility and accessibility. Don't miss your opportunity to own a beautiful home in one of the area's most sought-after communities.

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 $34,810. 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
Bathrooms3
Square feet2,454
Property typeSingle Family
MLS #7021445
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)
$3,097/mo
Source est. payment (PITI)
$3,657/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$34,810

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

$0$34,810
Additional funds needed$0

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