Properties / 24458 W VERLEA Drive
FHA ASSUMABLERate: 6.7%

24458 W VERLEA Drive

$349,980
Buckeye, AZ 85326
3 beds2 baths1,345 sqftSingle Family
The assumable advantage
6.7%
FHA assumed rate
$95,529 interest already paid off
Estimated Loan Balance$356,053
Cash to close$0
Est. Monthly PITI$3,006
Initial Loan Amount$372,140
Time on site50 days
Remaining Term26 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

Beautiful energy efficient home in Buckeye! Located within the quiet community of Village at Sundance, this single-level house has 1,345 square feet of living space which includes a large living room with tall ceilings, three bedrooms, two full bathroom, and a luxurious kitchen with built-in water purifying system, custom cabinets, granite counter-tops, and stainless-steel appliances. The also has neutral painted walls, carpet in the bedrooms, and tile flooring in all of the right places. Enjoy low energy cost since this home comes equipped with solar panels. Great outdoor space with a big backyard, extended patio, and a large patch of synthetic grass. Great location near good schools, grocery stores, and easy access to I-10. Minutes from lots of retail shops and a variety of dining options at Buckeye Marketplace (Fry's Marketplace; Pizza Hut; Booty's Burgers & Beer; Palermo's Pizza).

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 feet1,345
Property typeSingle Family
MLS #7055748
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)
$2,410/mo
Source est. payment (PITI)
$3,006/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.