Properties / 41345 W LUCERA Lane
FHA ASSUMABLERate: 7.09%

41345 W LUCERA Lane

$270,000
Maricopa, AZ 85138
3 beds2 baths1,393 sqftSingle Family
The assumable advantage
7.09%
FHA assumed rate
$1,266 interest already paid off
Estimated Loan Balance$8,141
Cash to close$261,869
Est. Monthly PITI$369
Initial Loan Amount$8,352
Time on site31 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$261,859
Cash or secondary financing
Monthly savings
$1,534
Versus today's market rate
Est. savings per year
$18K
Versus today's market rate

About this home

Lovely 3-bedroom, 2-bath, 2 Car Garage home located in Glennwilde! The front door opens to a foyer entry leading to an inviting open layout with high ceilings. The kitchen comes with granite countertops, wood cabinetry, recessed lighting, stainless steel appliances and a two-tier peninsula with a breakfast bar. The primary bedroom showcases soft carpeting, a private bathroom, and a convenient walk-in closet. The backyard offers a covered patio and abundant space for crafting your dream outdoor oasis. Located in Maricopa! Come and see!

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 $261,859. 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

Bedrooms3
Bathrooms2
Square feet1,393
Property typeSingle Family
MLS #7065132
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)
$58/mo
Source est. payment (PITI)
$369/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$261,859

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

$0$261,859
Additional funds needed$0

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