Properties / 9410 E TOPEKA Drive
FHA ASSUMABLERate: 7.06%

9410 E TOPEKA Drive

$899,999
Scottsdale, AZ 85255
3 beds2 baths1,857 sqftSingle Family
The assumable advantage
7.06%
FHA assumed rate
$81,615 interest already paid off
Estimated Loan Balance$529,541
Cash to close$372,452
Est. Monthly PITI$4,231
Initial Loan Amount$539,275
Time on site50 days
Remaining Term27 years, 10 months
Seller's equity (what you pay)
$370,458
Cash or secondary financing
Monthly savings
$1,681
Versus today's market rate
Est. savings per year
$20K
Versus today's market rate

About this home

Welcome to this move-in ready, recently remodeled home in the highly sought-after Ironwood Village community. From the moment you walk in, you'll notice the care and attention that's gone into every update -- it's a home that's been thoughtfully improved throughout. With 3 bedrooms, 2 bathrooms, and a spacious open floor plan, there's plenty of room for everyday living and entertaining alike. The 3-car garage offers flexibility beyond just parking -- think extra storage, a workshop, or a home gym. And with a newer roof already in place, you can move in with confidence knowing one of the biggest-ticket items has already been handled. Homes like this don't stay on the market long -- come see it for yourself!

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 $370,458. 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 feet1,857
Property typeSingle Family
MLS #7036153
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)
$3,627/mo
Source est. payment (PITI)
$4,231/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$370,458

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

$0$370,458
Additional funds needed$0

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