Properties / 9495 E SILO Circle
FHA ASSUMABLERate: 2.88%

9495 E SILO Circle

$309,495
Florence, AZ 85132
3 beds3 baths2,062 sqftSingle Family
The assumable advantage
2.88%
FHA assumed rate
$31,178 interest already paid off
Estimated Loan Balance$203,788
Cash to close$106,192
Est. Monthly PITI$1,449
Initial Loan Amount$229,586
Time on site29 days
Remaining Term24 years, 1 month
Seller's equity (what you pay)
$105,707
Cash or secondary financing
Monthly savings
$846
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

Incredible value in Crestfield Manor on a rare oversized 0.19-acre lot! Entertain year-round under the massive covered back patio overlooking a natural grass yard with storage shed. This well-maintained 2019 build features an upgraded kitchen with granite counters, crisp white cabinets, an island with breakfast bar seating, and upgraded appliances, all included. Spacious living areas are filled with natural light and modern tile flooring, plus an open loft ideal for a home office or second family room. Desert views grace the second-floor windows, and energy-efficient features keep utility costs low. Community parks, a playground, and walking paths are just steps away. Priced below recent neighborhood comparables, this home offers rare value that's hard to beat! USDA Home Loan Eligible.

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 $105,707. 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
Bathrooms3
Square feet2,062
Property typeSingle Family
MLS #7066232
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)
$979/mo
Source est. payment (PITI)
$1,449/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$105,707

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

$0$105,707
Additional funds needed$0

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