Properties / 18942 E Via De Arboles
FHA ASSUMABLERate: 3.02%

18942 E Via De Arboles

$880,000
Queen Creek, AZ 85142
3 beds2 baths1,650 sqftSingle Family
The assumable advantage
3.02%
FHA assumed rate
$53,634 interest already paid off
Estimated Loan Balance$282,493
Cash to close$601,394
Est. Monthly PITI$1,997
Initial Loan Amount$320,504
Time on site50 days
Remaining Term24 years, 1 month
Seller's equity (what you pay)
$597,507
Cash or secondary financing
Monthly savings
$3,813
Versus today's market rate
Est. savings per year
$46K
Versus today's market rate

About this home

Your dream horse property in Queen Creek! This well-equipped horse setup features irrigated pasture, a lighted arena, and lighted stalls complete with fans and automatic waterers for year-round comfort and convenience. Additional amenities include a tack room, dedicated ATV garage, storage shed, rolling RV gate, and full RV hookup with dump. Designed for both functionality and ease of care, this property is ideal for horse enthusiasts seeking space and efficiency. The 3 bedroom, 2 bath home offers comfortable living with room to relax after a day at the arena. A rare opportunity to own a fully equipped horse property!

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 $597,507. 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 feet1,650
Property typeSingle Family
MLS #7004089
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)
$1,377/mo
Source est. payment (PITI)
$1,997/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$597,507

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

$0$597,507
Additional funds needed$0

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