Properties / 41860 W ALLEGRA Drive
FHA ASSUMABLERate: 2.9%

41860 W ALLEGRA Drive

$359,999
Maricopa, AZ 85138
4 beds3 baths2,741 sqftSingle Family
The assumable advantage
2.9%
FHA assumed rate
$41,964 interest already paid off
Estimated Loan Balance$285,323
Cash to close$77,816
Est. Monthly PITI$1,933
Initial Loan Amount$315,832
Time on site50 days
Remaining Term25 years, 2 months
Seller's equity (what you pay)
$74,676
Cash or secondary financing
Monthly savings
$791
Versus today's market rate
Est. savings per year
$9K
Versus today's market rate

About this home

This inviting home features a convenient downstairs master bedroom, offering comfort and privacy with easy access throughout the main living area. Located in a welcoming community with a park just steps away- only about a 2-minute walk from your front door! This home offers a light-filled open floor plan anchored by a stunning kitchen with a large granite center island, offering both style and functionality for everyday living and entertaining! Upstairs you'll find a generous loft area and an additional flexible room that can serve as a game room, office, or secondary living space- offering endless lifestyle options.

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 $74,676. 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 feet2,741
Property typeSingle Family
MLS #7013736
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)
$1,332/mo
Source est. payment (PITI)
$1,933/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$74,676

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

$0$74,676
Additional funds needed$0

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