Properties / 13155 W MONTEREY Way
FHA ASSUMABLERate: 6.84%

13155 W MONTEREY Way

$529,000
Litchfield Park, AZ 85340
4 beds2 baths2,488 sqftSingle Family
The assumable advantage
6.84%
FHA assumed rate
$41,721 interest already paid off
Estimated Loan Balance$486,242
Cash to close$43,644
Est. Monthly PITI$3,812
Initial Loan Amount$490,943
Time on site50 days
Remaining Term28 years, 10 months
Seller's equity (what you pay)
$42,758
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

Look no more! This beautiful residence with POOL in Dysart Ranch is the one! Offering 3 beds + den, 2 baths, 3-car tandem garage, RV gate, and a low-care landscape. Discover a fabulous interior showcasing tall ceilings, tons of natural light, neutral palette, tons of natural light, and wood-look & stone tile flooring in all the right places. Great floor plan featuring a large living & dining room combo, and a separate family room w/sliding doors to the back! The impeccable kitchen boasts SS appliances, granite counters, recessed lighting, ample wood cabinetry, a pantry, a center island, a breakfast bar, and an additional eating area. The versatile den can be an office or extra bedroom as well! The large main bedroom has an ensuite with two vanities, separate tub/shower, & a walk-in closet. The true showstopper is the spacious backyard oasis, thoughtfully designed for effortless outdoor living and entertaining! Unwind beneath the covered patio or gazebo, enjoy the tastefully crafted paver hardscape & lush artificial turf, and soak in the relaxing hot tub or take a refreshing dip in the sparkling pool - all creating the perfect setting for year-round enjoyment. Plus SOLAR PANELS!! No neighbors behind, adding extra privacy. What's not to like? Make this gem yours!

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 $42,758. 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

Bedrooms4
Bathrooms2
Square feet2,488
Property typeSingle Family
MLS #7051149
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)
$3,223/mo
Source est. payment (PITI)
$3,812/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$42,758

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

$0$42,758
Additional funds needed$0

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