Properties / 36536 W SANTA MARIA Street
FHA ASSUMABLERate: 6.82%

36536 W SANTA MARIA Street

$315,000
Maricopa, AZ 85138
3 beds3 baths2,013 sqftSingle Family
The assumable advantage
6.82%
FHA assumed rate
$43,525 interest already paid off
Estimated Loan Balance$272,148
Cash to close$44,717
Est. Monthly PITI$2,219
Initial Loan Amount$276,851
Time on site50 days
Remaining Term27 years, 9 months
Seller's equity (what you pay)
$42,852
Cash or secondary financing
Monthly savings
$35
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

HUGE LOFT area upstairs! This 3 bedroom, 2.5 bath home with a spacious LOFT is perfect for a kids play area, TV room, homework room or just a place to relax. The large backyard with articial turf is perfect for having relaxing backyard get-togethers. Looking for more space, Arizona sunshine, and a home that checks all the boxes? This beautiful Maricopa home offers the perfect blend of comfort, style, and value!

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 $42,852. 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 feet2,013
Property typeSingle Family
MLS #6979700
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)
$1,823/mo
Source est. payment (PITI)
$2,219/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$42,852

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

$0$42,852
Additional funds needed$0

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