Properties / 5557 E AXLE Lane
FHA ASSUMABLERate: 6.72%

5557 E AXLE Lane

$334,900
San Tan Valley, AZ 85140
3 beds2 baths1,200 sqftSingle Family
The assumable advantage
6.72%
FHA assumed rate
$25,148 interest already paid off
Estimated Loan Balance$372,712
Cash to close$0
Est. Monthly PITI$2,800
Initial Loan Amount$376,052
Time on site11 days
Remaining Term29 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

Become the proud owner of this newly constructed home in Quail Ranch! You're welcomed by a 2-car garage, an RV gate, and stone accents for excellent curb appeal. Discover an appealing open layout with high ceilings, recessed lighting, a soothing palette, blinds, and durable tile flooring. The gourmet kitchen comes with granite counters, wood shaker cabinets, stainless steel appliances, a pantry, and an island with a breakfast bar for casual dining. You'll also find a versatile den ideal for an office or study. The primary bedroom showcases soft carpeting, an ensuite with dual sinks, and a convenient walk-in closet. Venture out onto the backyard, which offers a covered patio and abundant space for crafting your dream outdoor oasis. Don't miss out on this gem!

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

Bedrooms3
Bathrooms2
Square feet1,200
Property typeSingle Family
MLS #7073413
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)
$2,434/mo
Source est. payment (PITI)
$2,800/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.