Properties / 18018 W SAND HILLS Drive
FHA ASSUMABLERate: 6.5%

18018 W SAND HILLS Drive

$399,000
Surprise, AZ 85387
3 beds2 baths1,545 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$23,623 interest already paid off
Estimated Loan Balance$362,245
Cash to close$37,102
Est. Monthly PITI$2,644
Initial Loan Amount$365,282
Time on site41 days
Remaining Term29 years, 1 month
Seller's equity (what you pay)
$36,755
Cash or secondary financing
Monthly savings
$40
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

After only one year, the owners are moving on! This is your gain! Ask about the ASSUMABLE FHA loan at 4.75% This almost new property already has all the things that new construction doesn't! Window blinds, landscaping done, all the bells and whistles of the upgrades, a fantastic lot! The Yarrow floorplan, where style meets innovation in a home designed for flexibility, affordability, and efficiency. This single-family, single-story layout spans 1,545 sq. ft. and offers 3/4 beds, 2 baths, and an oversized 2-car garage. Experience low-maintenance living in an open-concept floorplan with versatile space for the whole family. Energy efficiency is at the forefront, featuring low-E double pane windows, a 15 SEER A/C, a 50-gallon e-water heater, LED lighting, & a 96% high-efficient furnace

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 $36,755. 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 feet1,545
Property typeSingle Family
MLS #7061392
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)
$2,313/mo
Source est. payment (PITI)
$2,644/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$36,755

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

$0$36,755
Additional funds needed$0

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