Properties / 13423 W IRONWOOD Street
FHA ASSUMABLERate: 3.07%

13423 W IRONWOOD Street

$419,999
Surprise, AZ 85374
3 beds3 baths2,118 sqftSingle Family
The assumable advantage
3.07%
FHA assumed rate
$51,024 interest already paid off
Estimated Loan Balance$338,452
Cash to close$83,002
Est. Monthly PITI$2,124
Initial Loan Amount$374,440
Time on site50 days
Remaining Term25 years, 4 months
Seller's equity (what you pay)
$81,547
Cash or secondary financing
Monthly savings
$874
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

Beautiful two-story home featuring soaring vaulted ceilings, abundant natural light, and an open floor plan perfect for everyday living and entertaining. The kitchen boasts a large center island, stainless steel appliances, a tile backsplash, and modern dark cabinetry. The spacious backyard is a blank canvas ready for the next owner to create their dream outdoor oasis. Enjoy existing features including a covered patio, built-in gas fire pit, and an extra-large gas brick pizza oven--perfect for entertaining family and friends.

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 $81,547. 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 feet2,118
Property typeSingle Family
MLS #7055711
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)
$1,603/mo
Source est. payment (PITI)
$2,124/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$81,547

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

$0$81,547
Additional funds needed$0

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