Properties / 30973 W MITCHELL Drive
FHA ASSUMABLERate: 3.47%

30973 W MITCHELL Drive

$330,000
Buckeye, AZ 85396
4 beds2 baths1,712 sqftSingle Family
The assumable advantage
3.47%
FHA assumed rate
$48,420 interest already paid off
Estimated Loan Balance$199,357
Cash to close$131,094
Est. Monthly PITI$1,477
Initial Loan Amount$229,751
Time on site24 days
Remaining Term23 years, 7 months
Seller's equity (what you pay)
$130,643
Cash or secondary financing
Monthly savings
$913
Versus today's market rate
Est. savings per year
$11K
Versus today's market rate

About this home

Your new home awaits right here! Located in the beautiful and sought after subdivision of Tartesso. Offering an open floor plan and a home in fantastic condition. The first thing you'll appreciate is the landscaping which is both attractive and low maintenance. 4 good sized bedrooms all with ceiling fans. Neutral color paint throughout. The kitchen has large island with breakfast bar, tile backsplash, granite countertops, recessed lighting, and upgraded cabinetry. You'll spend a lot of time in the backyard relaxing, entertaining, and just playing. It has a covered patio and even room for a future swimming pool. It's a fantastic home if you're a first time buyer. It would also be a great rental. Either way it won't last long so hurry and come take a look while it's still available!

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 $130,643. 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 feet1,712
Property typeSingle Family
MLS #7067915
CountyMaricopa County
Assumable loanFHA
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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
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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)
$1,033/mo
Source est. payment (PITI)
$1,477/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$130,643

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

$0$130,643
Additional funds needed$0

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