Properties / 17770 W Red Bird Road
FHA ASSUMABLERate: 5.64%

17770 W Red Bird Road

$350,000
Surprise, AZ 85387
3 beds2 baths1,734 sqftSingle Family
The assumable advantage
5.64%
FHA assumed rate
$145,871 interest already paid off
Estimated Loan Balance$99,314
Cash to close$251,189
Est. Monthly PITI$1,335
Initial Loan Amount$168,190
Time on site22 days
Remaining Term11 years, 6 months
Seller's equity (what you pay)
$250,686
Cash or secondary financing
Monthly savings
$1,084
Versus today's market rate
Est. savings per year
$13K
Versus today's market rate

About this home

Check out this beautiful, 3-bedroom home in Surprise! The spacious den features double doors and plenty of room to create a comfortable home office, TV room, playroom, or even an additional bedroom if desired. There's plenty of space to make the den your own--a place to work, relax, or recharge. The home is surrounded by single-story homes on both sides, offering added privacy and a more open feel. The low-maintenance backyard includes a covered patio and an RV gate, making outdoor living and storage convenient. Inside, you'll find tile flooring throughout the main living areas, with carpet only in the two secondary bedrooms. The spacious primary bedroom and den feature attractive wood flooring, while ceiling fans in all bedrooms provide added comfort. Additional features include a tankless water heater for energy-efficient hot water and access to the community pool. Come take a look-this could be your future 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 $250,686. 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 feet1,734
Property typeSingle Family
MLS #7068804
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)
$980/mo
Source est. payment (PITI)
$1,335/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$250,686

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

$0$250,686
Additional funds needed$0

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