Properties / 157 W DESERT VISTA Trail
FHA ASSUMABLERate: 2.87%

157 W DESERT VISTA Trail

$370,000
San Tan Valley, AZ 85143
4 beds3 baths1,975 sqftSingle Family
The assumable advantage
2.87%
FHA assumed rate
$50,818 interest already paid off
Estimated Loan Balance$335,871
Cash to close$36,382
Est. Monthly PITI$2,053
Initial Loan Amount$374,440
Time on site50 days
Remaining Term25 years, 1 month
Seller's equity (what you pay)
$34,129
Cash or secondary financing
Monthly savings
$615
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Assumable loan available for qualified buyers. Welcome home to this spacious 4-bedroom, 2.5 bath residence, offering plenty of room for everyday living and entertaining. The beautifully updated kitchen features granite countertops, upgraded cabinetry, with soft closing drawers, a single basin sink, and stainless steel appliances. Exterior paint completed in 2024 and newer carpet in the living areas and bedrooms. The home also includes a water softener and R/O. Step outside to a large covered patio overlooking a low maintenance backyard, with a 10x7 storage shed, perfect for storing tools or seasonal items. Located in the highly desirable Johnson Ranch community, residents enjoy multiple pools and spas, parks, playgrounds, tennis and pickleball courts, a golf course, softball field and mo

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 $34,129. 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
Bathrooms3
Square feet1,975
Property typeSingle Family
MLS #7037625
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)
$1,567/mo
Source est. payment (PITI)
$2,053/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$34,129

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

$0$34,129
Additional funds needed$0

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