Properties / 2615 W VERDE WEST Drive
FHA ASSUMABLERate: 3.08%

2615 W VERDE WEST Drive

$425,000
Camp Verde, AZ 86322
3 beds2 baths1,441 sqftSingle Family
The assumable advantage
3.08%
FHA assumed rate
$39,182 interest already paid off
Estimated Loan Balance$225,532
Cash to close$200,964
Est. Monthly PITI$1,491
Initial Loan Amount$252,747
Time on site50 days
Remaining Term24 years, 9 months
Seller's equity (what you pay)
$199,468
Cash or secondary financing
Monthly savings
$1,420
Versus today's market rate
Est. savings per year
$17K
Versus today's market rate

About this home

Over 2 acres with natural gas and town water a rare combination on a parcel this size! This 3 bedroom 2 bathroom home with a separate office/study (possible 4th bedroom) has been nicely updated! Enjoy a new AC unit, new paint, new floors, new kitchen cabinets, new countertops, new windows and more! Great property, with space for your RV, Boat, Horses and Goats! Great potential to build your dream shop and barn! Plant a garden, get some chickens the choices are yours! Enjoy far reaching, mountain and green belt views! Just moments from hwy 260, for quick access to Cottonwood, or I17! No HOA on this spacious property!

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 $199,468. 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 feet1,441
Property typeSingle Family
MLS #7038924
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)
$1,086/mo
Source est. payment (PITI)
$1,491/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$199,468

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

$0$199,468
Additional funds needed$0

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