Properties / 37736 W SAN ILDEFANSO Avenue
FHA ASSUMABLERate: 6.84%

37736 W SAN ILDEFANSO Avenue

$349,900
Maricopa, AZ 85138
5 beds3 baths2,228 sqftSingle Family
The assumable advantage
6.84%
FHA assumed rate
$1,870 interest already paid off
Estimated Loan Balance$16,239
Cash to close$333,661
Est. Monthly PITI$449
Initial Loan Amount$16,575
Time on site16 days
Remaining Term25 years, 5 months
Seller's equity (what you pay)
$333,661
Cash or secondary financing
Monthly savings
$1,951
Versus today's market rate
Est. savings per year
$23K
Versus today's market rate

About this home

Spacious and thoughtfully designed, this single-level, 5-bedroom home offers a flexible floor plan with plenty of room for everyday living, guests or a home office. The open living and dining areas are filled with natural light and connect to a generous kitchen featuring abundant cabinetry and counter space, a large island with breakfast-bar seating, stainless steel appliances, gas range and walk-in pantry. The spacious primary suite includes an oversized walk-in closet with extensive built-in shelving. Outside, enjoy a low-maintenance backyard with a large covered patio, expansive pavers, artificial turf and block fencing, with plenty of space for dining, entertaining or relaxing. An interior laundry room, generous storage and two-car garage round out this well-designed home.

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 $333,661. 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

Bedrooms5
Bathrooms3
Square feet2,228
Property typeSingle Family
MLS #7071427
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)
$112/mo
Source est. payment (PITI)
$449/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$333,661

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

$0$333,661
Additional funds needed$0

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