Properties / 15245 W SHERMAN Street
FHA ASSUMABLERate: 3.47%

15245 W SHERMAN Street

$380,000
Goodyear, AZ 85338
3 beds2 baths1,846 sqftSingle Family
The assumable advantage
3.47%
FHA assumed rate
$51,713 interest already paid off
Estimated Loan Balance$216,443
Cash to close$165,016
Est. Monthly PITI$1,609
Initial Loan Amount$248,322
Time on site50 days
Remaining Term23 years, 7 months
Seller's equity (what you pay)
$163,557
Cash or secondary financing
Monthly savings
$1,120
Versus today's market rate
Est. savings per year
$13K
Versus today's market rate

About this home

Move-in ready and beautifully appointed, this home offers the perfect blend of style, comfort & functionality in the desirable Centerra community. With nearly 2,000 sqft of thoughtfully designed living space, the open-concept floor plan features 3 bedrooms, 2 bathrooms & a split layout that provides both privacy and flexibility. The kitchen is the heart of the home, showcasing quartz countertops, SS appliances, abundant cabinetry, a large walk-in pantry for plenty of storage or that perfect Pinterest looking pantry & seamless flow into the dining area & spacious living room. Wood-look tile flooring adds warmth & durability throughout the main living spaces. Step outside to a low-maintenance backyard space that's ready for relaxing evenings, or simply enjoying Arizona's beautiful weather. Conveniently located near shopping, dining, parks, spring training facilities, and major freeways, this home offers the ideal combination of comfort and convenience.

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 $163,557. 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 feet1,846
Property typeSingle Family
MLS #7043778
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)
$1,121/mo
Source est. payment (PITI)
$1,609/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$163,557

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

$0$163,557
Additional funds needed$0

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