Properties / 3390 APACHE Drive
FHA ASSUMABLERate: 7.18%

3390 APACHE Drive

$232,000
Overgaard, AZ 85933
2 beds1 baths756 sqftSingle Family
The assumable advantage
7.18%
FHA assumed rate
$46,411 interest already paid off
Estimated Loan Balance$218,384
Cash to close$13,616
Est. Monthly PITI$1,825
Initial Loan Amount$224,852
Time on site9 days
Remaining Term27 years, 2 months
Seller's equity (what you pay)
$13,616
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Move-in ready and waiting for you! SOLAR PANELS ARE PAID IN FULL. . Take advantage of low cost electrical. Starlink equipment is also included in the sale. This cozy getaway features 2 bedrooms (with the loft possibly as the second bedroom) and 1 full bath. The spacious floor plan and vaulted ceilings make it feel open and inviting. Nice size kitchen with all appliances included. Stay warm with electric heat or enjoy the charm of the wood-burning stove on cool mountain evenings. Fully fenced backyard, perfect for pets or just relaxing outdoors. Large shed for extra storage! Come see this charming cabin and start enjoying mountain living today! Buyer to verify square footage.

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 $13,616. 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
Bathrooms1
Square feet756
Property typeSingle Family
MLS #7074720
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)
$1,525/mo
Source est. payment (PITI)
$1,825/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$13,616

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

$0$13,616
Additional funds needed$0

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