Properties / 25511 N 143RD Drive
FHA ASSUMABLERate: 4.85%

25511 N 143RD Drive

$438,000
Surprise, AZ 85387
3 beds2 baths1,504 sqftSingle Family
The assumable advantage
4.85%
FHA assumed rate
$53,735 interest already paid off
Estimated Loan Balance$390,398
Cash to close$55,281
Est. Monthly PITI$2,551
Initial Loan Amount$399,543
Time on site50 days
Remaining Term27 years, 3 months
Seller's equity (what you pay)
$47,602
Cash or secondary financing
Monthly savings
$429
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

Take advantage of an assumable FHA loan with a low 4.85% interest rate! This beautifully maintained original-owner home sits on a premium corner lot next to a quiet greenbelt, offering both privacy and a welcoming neighborhood feel. Featuring 3 bedrooms, 2 bathrooms, and 1,504 sq ft, the open-concept great room and split-bedroom floor-plan create an ideal layout for both everyday living and entertaining. The spacious kitchen is designed to bring people together, complete with rich espresso cabinetry, granite countertops, decorative tile backsplash, pantry, pendant lighting, and a large island with breakfast bar seating. The backyard is designed for enjoyment with a covered patio, extended paver patio, and green grass - perfect for relaxing, kids, pets, or entertaining guests year-round. The private primary suite features dual sinks, an oversized walk-in shower, and a spacious walk-in closet. Additional features include a laundry room, extra hallway storage, and a 2-car garage. Located near parks, greenbelts, shopping, dining, and everyday conveniences, this move-in ready home offers comfort, functionality, and the added benefit of an assumable low-interest FHA mortgage.

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 $47,602. 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 feet1,504
Property typeSingle Family
MLS #7027094
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)
$2,154/mo
Source est. payment (PITI)
$2,551/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$47,602

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

$0$47,602
Additional funds needed$0

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