Properties / 349 W SETTLERS Trail
FHA ASSUMABLERate: 7.07%

349 W SETTLERS Trail

$355,000
Casa Grande, AZ 85122
4 beds2 baths1,939 sqftSingle Family
The assumable advantage
7.07%
FHA assumed rate
$63,840 interest already paid off
Estimated Loan Balance$305,288
Cash to close$50,019
Est. Monthly PITI$2,521
Initial Loan Amount$314,204
Time on site46 days
Remaining Term27 years, 2 months
Seller's equity (what you pay)
$49,712
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

Welcome home to this beautifully maintained 4-bedroom, 2-bath residence in the desirable Ghost Ranch community! Offering the charm and character that's often missing in new construction, this home features a functional split floor plan, spacious living areas, and a private backyard perfect for relaxing or entertaining. Conveniently located near shopping, dining, schools, and easy I-10 access, you'll enjoy both comfort and convenience. Skip the long build times and move into a home with established landscaping, a welcoming neighborhood, and timeless appeal. Don't miss this incredible opportunity.

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 $49,712. 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
Bathrooms2
Square feet1,939
Property typeSingle Family
MLS #7059124
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)
$2,109/mo
Source est. payment (PITI)
$2,521/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$49,712

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

$0$49,712
Additional funds needed$0

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