Properties / 48486 N DURAN Way
FHA ASSUMABLERate: 6.76%

48486 N DURAN Way

$440,000
Gold Canyon, AZ 85118
4 beds2 baths1,826 sqftSingle Family
The assumable advantage
6.76%
FHA assumed rate
$42,320 interest already paid off
Estimated Loan Balance$394,333
Cash to close$47,519
Est. Monthly PITI$3,168
Initial Loan Amount$398,573
Time on site50 days
Remaining Term28 years, 6 months
Seller's equity (what you pay)
$45,667
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

Beautiful 2023 Built home in Entrada Del Oro featuring four bedrooms and modern smart home technology. Enjoy a spacious backyard with pavers extended from patio and easy maintenance stone. Premium lot with no neighbors behind and Superstition Mountain views., making this your private retreat. The primary suite offers dual sinks and a walk in shower. Kitchen kas stunning quartz counters and plenty of work space. and eat in kitchen overlooking the covered patio. Includes a two car garage Offering .assumable loan at 4.75% subject to lender approval makes this home MOVEI IN READY. MOTIVITED SELLER DUE TO RELOCATION

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 $45,667. 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 feet1,826
Property typeSingle Family
MLS #7013069
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)
$2,602/mo
Source est. payment (PITI)
$3,168/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$45,667

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

$0$45,667
Additional funds needed$0

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