Properties / 3559 E ARCHER Drive
FHA ASSUMABLERate: 6.67%

3559 E ARCHER Drive

$365,000
San Tan Valley, AZ 85140
3 beds2 baths1,223 sqftSingle Family
The assumable advantage
6.67%
FHA assumed rate
$1,665 interest already paid off
Estimated Loan Balance$18,610
Cash to close$346,411
Est. Monthly PITI$406
Initial Loan Amount$18,869
Time on site28 days
Remaining Term26 years, 9 months
Seller's equity (what you pay)
$346,390
Cash or secondary financing
Monthly savings
$2,029
Versus today's market rate
Est. savings per year
$24K
Versus today's market rate

About this home

Preferred lender offering additional 1% towards rate buy down/closing costs with approved loan! Welcome to this 3-bedroom, 2-bath home in Archer Meadows. With updated flooring throughout the bedrooms, this home is move-in ready. It also offers an RV gate, garage with epoxy flooring, Tesla charger, and water softener. Enjoy your weekends at the community amenities including a pool, gym, and multiple playgrounds. Don't miss this opportunity to own a low maintenance home in a gated community!

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 $346,390. 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 feet1,223
Property typeSingle Family
MLS #7066768
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$124/mo
Source est. payment (PITI)
$406/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$346,390

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

$0$346,390
Additional funds needed$0

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