Properties / 35211 W SANTA BARBARA Avenue
FHA ASSUMABLERate: 5.41%

35211 W SANTA BARBARA Avenue

$299,000
Maricopa, AZ 85138
4 beds2 baths1,523 sqftSingle Family
The assumable advantage
5.41%
FHA assumed rate
$71,135 interest already paid off
Estimated Loan Balance$320,846
Cash to close$0
Est. Monthly PITI$2,414
Initial Loan Amount$338,213
Time on site50 days
Remaining Term26 years, 1 month
Seller's equity (what you pay)
$0
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

Home, sweet home! Welcome to this charming 4-bedroom gem with a 2-car garage! Discover an inviting open floor plan, filled with tons of natural light, creating the perfect setting for both everyday living and entertaining. Well-appointed kitchen offers recessed lighting, plenty of white cabinets, stainless steel appliances, and a center island with a breakfast bar. Continue onto the sizable primary bedroom, providing plush carpet, a private bathroom, and a walk-in closet for effortless organization. Secondary bedrooms also feature well-sized closets, adding comfort and functionality. Spacious backyard has a covered patio where you can host memorable gatherings or enjoy peaceful mornings and relaxing evenings. Don't miss this wonderful 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 $0. 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

Bedrooms4
Bathrooms2
Square feet1,523
Property typeSingle Family
MLS #7025904
CountyMaricopa County
Assumable loanFHA
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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
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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)
$1,915/mo
Source est. payment (PITI)
$2,414/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.