Properties / 975 Crestwood Drive
FHA ASSUMABLERate: 5.89%

975 Crestwood Drive

$290,000
Kingman, AZ 86409
4 beds3 baths1,920 sqftSingle Family
The assumable advantage
5.89%
FHA assumed rate
$1,128 interest already paid off
Estimated Loan Balance$4,846
Cash to close$285,154
Est. Monthly PITI$235
Initial Loan Amount$5,142
Time on site16 days
Remaining Term24 years, 3 months
Seller's equity (what you pay)
$285,154
Cash or secondary financing
Monthly savings
$1,679
Versus today's market rate
Est. savings per year
$20K
Versus today's market rate

About this home

Welcome to this spacious 4-bedroom, 3-bathroom home located in a desirable neighborhood. Featuring a functional layout with generously sized living areas and plenty of room for family, guests, and entertaining, this home offers the space and flexibility you ve been looking for. The roof is only a couple of years old, providing added peace of mind for the next owner. With a desirable location, spacious floor plan, and newer roof, this home is ready for you to make it your own.

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 $285,154. 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 feet1,920
Property typeSingle Family
MLS #041700
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)
$31/mo
Source est. payment (PITI)
$235/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$285,154

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

$0$285,154
Additional funds needed$0

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