Properties / 3859 RAMSAY Road
FHA ASSUMABLERate: 6.58%

3859 RAMSAY Road

$650,000
Snowflake, AZ 85937
6 beds4 baths3,066 sqftSingle Family
The assumable advantage
6.58%
FHA assumed rate
$31,938 interest already paid off
Estimated Loan Balance$527,054
Cash to close$122,448
Est. Monthly PITI$3,891
Initial Loan Amount$531,907
Time on site2 days
Remaining Term29 years, 2 months
Seller's equity (what you pay)
$122,946
Cash or secondary financing
Monthly savings
$443
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

Welcome to this lovingly maintained home set on 2.5 acres, offering space, privacy, and a peaceful setting. The main home features 4 bedrooms plus a versatile flex space ideal for a home office, den, game room, or potential 6th bedroom. 3 full bathrooms plus a guest powder bath! A private guest suite with a separate entrance and kitchenette is perfect for multigenerational living, extended guests, or an at-home business. The property also includes a well house and charming garden that beautifully complement the natural surroundings. Comfort, functionality, and endless possibilities come together in this special property!

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 $122,946. 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

Bedrooms6
Bathrooms4
Square feet3,066
Property typeSingle Family
MLS #7077808
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)
$3,390/mo
Source est. payment (PITI)
$3,891/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$122,946

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

$0$122,946
Additional funds needed$0

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