Properties / 1441 TAFT Avenue
FHA ASSUMABLERate: 6.85%

1441 TAFT Avenue

$438,500
Chino Valley, AZ 86323
4 beds3 baths1,902 sqftSingle Family
The assumable advantage
6.85%
FHA assumed rate
$35,790 interest already paid off
Estimated Loan Balance$366,491
Cash to close$72,009
Est. Monthly PITI$2,896
Initial Loan Amount$371,387
Time on site10 days
Remaining Term28 years, 8 months
Seller's equity (what you pay)
$72,009
Cash or secondary financing
Monthly savings
$150
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

EXCEPTIONAL VALUE in this rare 4 bed 3 bath home! The home sits where city amenities meet rural lifestyle in one of Chino Valley's premier subdivisions with low HOAs. Main level features an open floor plan ideal for entertaining that flows to the fully enclosed backyard bringing indoor and outdoor living together. The kitchen has tile counters, full pantry, and space for an island. One bedroom and bath on the main level that could be used as a 4th bedroom office den study guest bedroom. The second level offers two bedrooms, one is oversized with walk in closet great for hobby space, 2nd living space or larger bedroom. The primary suite is also on second level with walk in closet. Save on utilities with the owned solar. The roof replaced in 2021. Water heater is also new in 2026.

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 $72,009. 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
Bathrooms3
Square feet1,902
Property typeSingle Family
MLS #7074165
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)
$2,436/mo
Source est. payment (PITI)
$2,896/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$72,009

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

$0$72,009
Additional funds needed$0

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