Properties / 35431 N CENTENNIAL Road
FHA ASSUMABLERate: 6.82%

35431 N CENTENNIAL Road

$629,900
San Tan Valley, AZ 85144
3 beds3 baths2,365 sqftSingle Family
The assumable advantage
6.82%
FHA assumed rate
$85,909 interest already paid off
Estimated Loan Balance$534,541
Cash to close$96,425
Est. Monthly PITI$4,248
Initial Loan Amount$546,438
Time on site50 days
Remaining Term27 years, 9 months
Seller's equity (what you pay)
$95,359
Cash or secondary financing
Monthly savings
$135
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

HUGE REDUCTION! WINNER ''Best Home on Tour'' in both Queen Creek & STV! PREMIUM LOT, Pelican Bay Model, 4 CAR w/AC in garage, & better than new w/ over $100k invested in yard & updates! Engineer designed features w/ lighting automation, Bullfrog hot tub w/filler, cool turf, pavers, integrated patio irrigation, fire bowls, water features, stacked stone, custom double & single gates to enclosed side yard, citrus, huge slider & more! Designer gourmet kitchen w/ GE Cafe, backsplash, lighting, & tons of soft close cabinets! Primary includes Spa shower, huge closet, & door to resort backyard! Den w/ custom sliding doors provides larger useful space. Laundry w/sink, frig space, & cabinets. 10' tray ceilings, plantation shutters, upgraded BR carpet, lighting, plank tile floors, so much more!! holiday lighting, garage epoxy, & more!

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 $95,359. 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 feet2,365
Property typeSingle Family
MLS #7044816
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)
$3,580/mo
Source est. payment (PITI)
$4,248/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$95,359

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

$0$95,359
Additional funds needed$0

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