Properties / 13112 E CHUPAROSA Lane
FHA ASSUMABLERate: 6.12%

13112 E CHUPAROSA Lane

$279,900
Florence, AZ 85132
3 beds2 baths1,542 sqftSingle Family
The assumable advantage
6.12%
FHA assumed rate
$1,434 interest already paid off
Estimated Loan Balance$13,256
Cash to close$266,660
Est. Monthly PITI$351
Initial Loan Amount$13,538
Time on site16 days
Remaining Term27 years, 3 months
Seller's equity (what you pay)
$266,644
Cash or secondary financing
Monthly savings
$1,568
Versus today's market rate
Est. savings per year
$19K
Versus today's market rate

About this home

Welcome to this beautifully updated single story home in Magma Ranch offering three bedrooms and two bathrooms in an inviting layout. The entire interior has been completely freshly painted and features brand new luxury vinyl plank flooring flowing continuously throughout, perfectly complemented by all new baseboards and door trim. The bright eat-in kitchen sits at the front of the house with rich chocolate cabinetry, gorgeous granite countertops, a breakfast bar, and a cozy dining nook that opens seamlessly into the generous living room. Retreat to the primary suite complete with a walk-in closet and an ensuite bathroom boasting an extended vanity. Outside, discover a spacious backyard enclosed by block fencing with a covered patio, a handy storage shed, and all new landscaping rocks. Complete with an attached garage and included appliances, this pristine property is completely move-in ready for its next owner.

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 $266,644. 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 feet1,542
Property typeSingle Family
MLS #7071481
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)
$83/mo
Source est. payment (PITI)
$351/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$266,644

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

$0$266,644
Additional funds needed$0

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