Properties / 21716 W Narramore Road
FHA ASSUMABLERate: 6.18%

21716 W Narramore Road

$499,000
Buckeye, AZ 85326
3 beds2 baths1,792 sqftSingle Family
The assumable advantage
6.18%
FHA assumed rate
$15,837 interest already paid off
Estimated Loan Balance$438,002
Cash to close$60,998
Est. Monthly PITI$3,214
Initial Loan Amount$440,577
Time on site0 days
Remaining Term29 years, 5 months
Seller's equity (what you pay)
$60,998
Cash or secondary financing
Monthly savings
$248
Versus today's market rate
Est. savings per year
$3K
Versus today's market rate

About this home

Room to breathe, space to roam & a 40x40 workshop! Situated on 2.6023 acres in beautiful Rainbow Valley, this property offers incredible versatility with RV parking, a horse corral & plenty of room for toys, equipment or hobbies. Enjoy peaceful desert surroundings, mountain views & gorgeous Arizona sunrises and sunsets from the covered porch. Inside, the split floor plan features a spacious living area, wood-look flooring & a bright kitchen with abundant cabinetry, counter space, center island & skylight. The primary suite includes a jetted soaking tub & separate shower. Whether you want horses, RV space, a workshop or simply room to spread out, this property delivers!

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 $60,998. 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 feet1,792
Property typeSingle Family
MLS #7079788
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)
$2,695/mo
Source est. payment (PITI)
$3,214/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$60,998

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

$0$60,998
Additional funds needed$0

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