Properties / 41919 W COLBY Drive
FHA ASSUMABLERate: 6.9%

41919 W COLBY Drive

$318,000
Maricopa, AZ 85138
4 beds3 baths2,468 sqftSingle Family
The assumable advantage
6.9%
FHA assumed rate
$99,592 interest already paid off
Estimated Loan Balance$380,065
Cash to close$0
Est. Monthly PITI$3,212
Initial Loan Amount$392,755
Time on site50 days
Remaining Term26 years, 4 months
Seller's equity (what you pay)
$0
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

This beautifully updated 4 bed / 3 bath home with a 2-car garage is perfectly located in the desirable Rancho El Dorado Golf Community—just minutes from shopping, dining, and convenient highway access. The spacious floor plan offers multiple gathering areas for family and friends, plus a highly sought-after downstairs bedroom. The bright and open family room flows seamlessly to the back patio and yard, creating an ideal indoor-outdoor living experience. Exceptionally clean, beautifully maintained... and ready for you to enjoy. Be home for the holidays!

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 $0. 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
Bathrooms3
Square feet2,468
Property typeSingle Family
MLS #6951420
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)
$2,612/mo
Source est. payment (PITI)
$3,212/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.