Properties / 12326 S SHOSHONI Drive
FHA ASSUMABLERate: 6.5%

12326 S SHOSHONI Drive

$475,000
Phoenix, AZ 85044
3 beds2 baths1,446 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$15,295 interest already paid off
Estimated Loan Balance$352,472
Cash to close$122,857
Est. Monthly PITI$2,732
Initial Loan Amount$354,090
Time on site43 days
Remaining Term29 years, 5 months
Seller's equity (what you pay)
$122,528
Cash or secondary financing
Monthly savings
$559
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Charming home on the 1st fairway of Ahwatukee Country Club Golf Course! Stunning South Mountain Views! This wonderfully updated energy efficient home sits on a quiet cul-de-sac nestled in the heart of Ahwatukee. Updates include new roof, new A/C, added insulation, New water heater, soft water system, new windows, fresh paint, and so much more. Warm decor inc wood beam and brick accents. ,Recreation Center features indoor/outdoor pool, club house, pickle-ball, exercise facility, wood-working, arts & crafts and much more. Enjoy dining, shopping, neighborhood parks, South Mountain Park, farmers market and two nearby golf courses. Have easy access to I-10, AZ 202, downtown Phoenix, Sky Harbor, ASU, Tempe & Chandler. 2 car garage, covered/shaded patio.

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 $122,528. 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 feet1,446
Property typeSingle Family
MLS #7060228
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)
$2,242/mo
Source est. payment (PITI)
$2,732/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$122,528

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

$0$122,528
Additional funds needed$0

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