Properties / 14147 S VERA CRUZ Road
FHA ASSUMABLERate: 6.85%

14147 S VERA CRUZ Road

$231,500
Arizona City, AZ 85123
3 beds2 baths1,202 sqftSingle Family
The assumable advantage
6.85%
FHA assumed rate
$4,466 interest already paid off
Estimated Loan Balance$60,053
Cash to close$171,473
Est. Monthly PITI$628
Initial Loan Amount$60,324
Time on site22 days
Remaining Term38 years, 11 months
Seller's equity (what you pay)
$171,447
Cash or secondary financing
Monthly savings
$996
Versus today's market rate
Est. savings per year
$12K
Versus today's market rate

About this home

PREAPPROVED PRICE! Home, sweet home! This inviting 3-bedroom residence features a 2-car garage and a cozy front patio, the perfect spot to enjoy morning coffee or relaxing afternoons. From the moment you enter, you will find a perfectly flowing open floor plan filled with bountiful natural light, wood-look flooring, and neutral tone throughout. Lovely kitchen is ready for all your culinary adventures, complete with stainless steel appliances and plenty of white cabinetry for effortless organization. The primary bedroom provides a private bathroom with a shower and tub combination, offering comfort and convenience for your daily routine. Large backyard has a covered patio where you can unwind while sipping your refreshing drink. Don't miss this incredible opportunity!

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 $171,447. 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
Bathrooms2
Square feet1,202
Property typeSingle Family
MLS #7069068
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)
$369/mo
Source est. payment (PITI)
$628/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$171,447

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

$0$171,447
Additional funds needed$0

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