Properties / 1051 W SAWGRASS Trail
FHA ASSUMABLERate: 3.13%

1051 W SAWGRASS Trail

$284,900
Casa Grande, AZ 85122
3 beds2 baths1,255 sqftSingle Family
The assumable advantage
3.13%
FHA assumed rate
$35,512 interest already paid off
Estimated Loan Balance$173,671
Cash to close$111,630
Est. Monthly PITI$1,238
Initial Loan Amount$199,323
Time on site29 days
Remaining Term24 years
Seller's equity (what you pay)
$111,229
Cash or secondary financing
Monthly savings
$822
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

Welcome home to this inviting 3-bedroom residence in The Greens! Featuring a 2-car garage and a low-care front yard. Inside, you'll find a neutral palette and tile floors & carpet in all the right places. Abundant natural light fills the open-concept kitchen, dining, and living areas, for a bright & airy feel. This gem is equipped with surround sound! The kitchen showcases a pantry, white appliances, and wood cabinets. The dining area is highlighted by a charming bay window. The generous primary bedroom also includes a bay window, a walk-in closet, and a private bathroom for added convenience. Outside, the backyard offers a covered patio & view fence, and is ready to become your own private oasis. Backs to a green on the Dave White golf course! Easy access to Hwy 347. Ready to move in!

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 $111,229. 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 feet1,255
Property typeSingle Family
MLS #7057961
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)
$858/mo
Source est. payment (PITI)
$1,238/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$111,229

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

$0$111,229
Additional funds needed$0

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