Properties / 14559 W MORNING STAR Trail
FHA ASSUMABLERate: 6.82%

14559 W MORNING STAR Trail

$375,000
Surprise, AZ 85374
2 beds2 baths1,684 sqftSingle Family
The assumable advantage
6.82%
FHA assumed rate
$13,889 interest already paid off
Estimated Loan Balance$89,403
Cash to close$285,597
Est. Monthly PITI$857
Initial Loan Amount$91,575
Time on site1 day
Remaining Term27 years, 9 months
Seller's equity (what you pay)
$285,597
Cash or secondary financing
Monthly savings
$1,612
Versus today's market rate
Est. savings per year
$19K
Versus today's market rate

About this home

This home offers approximately 1,680 SF of living space with two br and two baths. The property features a new roof installed in 2023, adding an extra layer of protection. The interior boasts a neutral paint palette, complemented by luxurious wood-look laminate flooring that creates a warm and inviting atmosphere. The tile flooring throughout the home provides a durable and easy-to-maintain surface, while the newer hot water heater ensures a consistent supply of hot water. The kitchen has quartz countertops along with newer appliances. For your laundry needs, the home is equipped with a newer pedestal washer and dryer, conveniently located off the kitchen. The extended patio and pergola provide an ideal outdoor living space, allowing you to enjoy the pleasant weather perfect for entertaining. Additionally, the home is sold partially furnished, providing a convenient option for those who wish to move in with some furnishings already in place. Welcome to Sun Village, a 24 hr guarded & gated adult community located in the heart of Surprise, Arizona. The community amenities are vast with an 18-hole, par three golf course, amazing community center featuring a huge heated swimming pool and spa, tennis & pickle ball courts, shuffleboard, horseshoe pits, exercise facilities, billiard room, sewing & crafts room and a large ball room for an array of entertainment. Just minutes away are the Spring Training facilities for MLB's Texas Rangers and Kansas City Royals. Welcome Home

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 $285,597. 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

Bedrooms2
Bathrooms2
Square feet1,684
Property typeSingle Family
MLS #7078493
CountyMaricopa County
Assumable loanFHA
Tour this home
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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)
$599/mo
Source est. payment (PITI)
$857/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$285,597

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

$0$285,597
Additional funds needed$0

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