Properties / 14958 W COLUMBINE Drive
FHA ASSUMABLERate: 6.5%

14958 W COLUMBINE Drive

$510,000
Surprise, AZ 85379
4 beds4 baths3,094 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$42,631 interest already paid off
Estimated Loan Balance$459,852
Cash to close$50,606
Est. Monthly PITI$3,475
Initial Loan Amount$466,422
Time on site50 days
Remaining Term28 years, 7 months
Seller's equity (what you pay)
$50,148
Cash or secondary financing
Monthly savings
$54
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Price Improvement! Motivated Sellers! This spacious 4-bedroom home offers over 3,000 sq ft, a flexible floor plan, oversized loft, sparkling pool, and a private backyard perfect for relaxing or entertaining. Custom butcher block countertops, abundant cabinet space, and a new AC (2018) complete the package. Conveniently located near parks, shopping, dining, and schools.

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 $50,148. 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
Bathrooms4
Square feet3,094
Property typeSingle Family
MLS #7006000
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)
$2,954/mo
Source est. payment (PITI)
$3,475/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$50,148

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

$0$50,148
Additional funds needed$0

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