Properties / 3688 W Scenic Loop Trail S
FHA ASSUMABLERate: 6.7%

3688 W Scenic Loop Trail S

$585,000
Williams, AZ 86046
3 beds3 baths sqftSingle Family
The assumable advantage
6.7%
FHA assumed rate
$63,837 interest already paid off
Estimated Loan Balance$248,532
Cash to close$336,468
Est. Monthly PITI$2,095
Initial Loan Amount$259,461
Time on site9 days
Remaining Term26 years, 4 months
Seller's equity (what you pay)
$336,468
Cash or secondary financing
Monthly savings
$1,774
Versus today's market rate
Est. savings per year
$21K
Versus today's market rate

About this home

Set on a beautifully treed acre, this 3-bedroom, 2.5-bath home is conveniently located down the road from Elephant Rocks Golf Course and Cataract Lake and is only a short drive to downtown Williams. The interiors of this home have been thoughtfully updated with vinyl plank flooring, semi-custom cabinetry, black stainless-steel appliances and more. The main-floor primary suite provides a comfortable retreat with an ensuite bathroom featuring a large walk-in shower and relaxing soaking tub. Upstairs, two additional bedrooms share a full bathroom, providing plenty of space for family or guests. The fully fenced acreage provides ample space for RVs, trailers, recreational vehicles, and all your outdoor toys. Recent improvements include an updated water system, pump and septic. Owner/ Agent

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 $336,468. 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
Bathrooms3
Property typeSingle Family
MLS #205858
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)
$1,676/mo
Source est. payment (PITI)
$2,095/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$336,468

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

$0$336,468
Additional funds needed$0

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