Properties / 10925 W HIBISCUS Drive
FHA ASSUMABLERate: 6.34%

10925 W HIBISCUS Drive

$400,000
Sun City, AZ 85373
2 beds2 baths2,425 sqftSingle Family
The assumable advantage
6.34%
FHA assumed rate
$62,431 interest already paid off
Estimated Loan Balance$298,141
Cash to close$102,898
Est. Monthly PITI$2,339
Initial Loan Amount$308,836
Time on site50 days
Remaining Term26 years, 10 months
Seller's equity (what you pay)
$101,859
Cash or secondary financing
Monthly savings
$430
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

Beautifully updated residence in the heart of Sun City! Over 2,100 sq ft designed living space, this 2-bedroom, 2-bath home blends of comfort with modern upgrades, Inside, soaring vaulted ceilings, abundant natural light and elegant tile flooring create a bright, inviting atmosphere. The remodeled kitchen showcases granite countertops, crisp white cabinetry, stainless steel appliances and a charming breakfast nook ideal for everyday living. Multiple living areas, including a office or flex space and an enclosed Arizona room! The master bedroom features dual closets and an updated bath designed for comfort, Outdoors enjoy a covered patio, mature citrus trees and low-maintenance! With key updates including a newer roof, HVAC system, water heater & solar, come see today!

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 $101,859. 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

Bedrooms2
Bathrooms2
Square feet2,425
Property typeSingle Family
MLS #7046746
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)
$1,929/mo
Source est. payment (PITI)
$2,339/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$101,859

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

$0$101,859
Additional funds needed$0

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