Properties / 44996 W GAVILAN Drive
FHA ASSUMABLERate: 2.98%

44996 W GAVILAN Drive

$320,000
Maricopa, AZ 85139
4 beds2 baths1,754 sqftSingle Family
The assumable advantage
2.98%
FHA assumed rate
$43,607 interest already paid off
Estimated Loan Balance$272,334
Cash to close$48,874
Est. Monthly PITI$1,800
Initial Loan Amount$304,385
Time on site50 days
Remaining Term25 years
Seller's equity (what you pay)
$47,666
Cash or secondary financing
Monthly savings
$598
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Welcome Home! This inviting home offers a bright, open layout perfect for both relaxing and entertaining. Enjoy a spacious living area filled with natural light, a functional kitchen with ample cabinetry, and comfortable bedrooms designed for everyday living. The primary suite provides a private retreat, while additional rooms offer flexibility for guests or a home office. Step outside to a backyard ready for your personal touch. Located near parks, schools, and local amenities, this home blends comfort and convenience. A brand-new air conditioning unit will be installed prior to close of escrow, providing added value and peace of mind just in time for Arizona summers.

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 $47,666. 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 feet1,754
Property typeSingle Family
MLS #7047145
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$1,289/mo
Source est. payment (PITI)
$1,800/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$47,666

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

$0$47,666
Additional funds needed$0

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