Properties / 14110 W HACKAMORE Drive
FHA ASSUMABLERate: 6.95%

14110 W HACKAMORE Drive

$349,990
Surprise, AZ 85387
3 beds3 baths1,639 sqftSingle Family
The assumable advantage
6.95%
FHA assumed rate
$67,153 interest already paid off
Estimated Loan Balance$346,738
Cash to close$3,603
Est. Monthly PITI$2,774
Initial Loan Amount$356,373
Time on site49 days
Remaining Term27 years, 4 months
Seller's equity (what you pay)
$3,252
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

Move-in ready and beautifully upgraded, this home in the desirable Rancho Mercado community offers the perfect blend of style, comfort, and convenience. 3 bedrooms, 2.5 bathrooms and 1637 SQFT. Step inside to find an inviting great room, a kitchen that features gorgeous quartz countertops, soft-close cabinetry, and stainless steel appliances and a reverse osmosis water filtration. The washer, dryer, and refrigerator are all included! Retreat to the spacious primary suite, featuring a luxurious walk-in shower, dual-sink vanity, and an oversized walk-in closet. Outside, enjoy your own private yard with a brand-new pavered patio and low-maintenance synthetic turf. Plus, the HOA takes care of front yard landscaping, so you can enjoy a manicured curb appeal without lifting a finger. Rancho Mercado residents enjoy a community pool and playground, all just minutes from premier shopping and dining in North Surprise and North Peoria, with quick access to the Loop 303 for an easy commute anywhere in the Valley.

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 $3,252. 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 feet1,639
Property typeSingle Family
MLS #7046542
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
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)
$2,364/mo
Source est. payment (PITI)
$2,774/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$3,252

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

$0$3,252
Additional funds needed$0

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