Properties / 17732 W MANDALAY Lane
FHA ASSUMABLERate: 3.96%

17732 W MANDALAY Lane

$330,000
Surprise, AZ 85388
3 beds3 baths1,344 sqftSingle Family
The assumable advantage
3.96%
FHA assumed rate
$63,105 interest already paid off
Estimated Loan Balance$132,231
Cash to close$198,508
Est. Monthly PITI$1,181
Initial Loan Amount$169,464
Time on site47 days
Remaining Term19 years, 6 months
Seller's equity (what you pay)
$197,769
Cash or secondary financing
Monthly savings
$1,134
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

GREAT DETATCHED SINGLE FAMILY/TOWN HOME STYLE. 3 BEDROOMS, 2.5 BATHROOMS, 2 CR GARAGE IN SURPRISE. LOSE TO SCHOOL, FREEWAY, LOTS OF SHOPS AND RESTAURANTS. PERFECT FOR FIRST HOME OR INVESTMENT. FRESHLY PAINED, NEW CARPET, IMMCULATED CLEAN , ALL APPLIANCES INCLUDED , HOUSE IS READY FOR NEW OWNERS.

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 $197,769. 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
Bathrooms3
Square feet1,344
Property typeSingle Family
MLS #7058843
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)
$812/mo
Source est. payment (PITI)
$1,181/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$197,769

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

$0$197,769
Additional funds needed$0

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