Properties / 7885 E Mesa Vista Drive
FHA ASSUMABLERate: 3.89%

7885 E Mesa Vista Drive

$195,900
Kingman, AZ 86401
3 beds2 baths1,824 sqftSingle Family
The assumable advantage
3.89%
FHA assumed rate
$37,290 interest already paid off
Estimated Loan Balance$95,170
Cash to close$100,730
Est. Monthly PITI$863
Initial Loan Amount$116,844
Time on site25 days
Remaining Term21 years, 1 month
Seller's equity (what you pay)
$100,730
Cash or secondary financing
Monthly savings
$603
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Welcome to Valley Vista the beautiful golf course community! This custom brick home, featuring a newer 2023 roof and brand new garage door, is ready for your personal touch and offers incredible potential to become your dream home. Key features include: A large living room with vaulted ceilings and a beautiful, oversized fireplace. A functional kitchen equipped with custom countertops, a beautiful backsplash, and self-closing drawers. Three comfortably sized bedrooms and 1 and 3/4 bathrooms. An enclosed back porch and indoor laundry with extra storage. A large lot complete with RV parking and an oversized two-car garage that includes a workbench. The community offers tennis courts and a community pool to cool off in the summertime! Call your agent to schedule an appointment or if you have any questions.

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 $100,730. 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 feet1,824
Property typeSingle Family
MLS #041437
CountyMaricopa County
Assumable loanFHA
Tour this home
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Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$552/mo
Source est. payment (PITI)
$863/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$100,730

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

$0$100,730
Additional funds needed$0

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