Properties / 9896 W HEATHER Drive
FHA ASSUMABLERate: 6.95%

9896 W HEATHER Drive

$266,500
Arizona City, AZ 85123
3 beds2 baths1,293 sqftSingle Family
The assumable advantage
6.95%
FHA assumed rate
$35,977 interest already paid off
Estimated Loan Balance$227,752
Cash to close$38,969
Est. Monthly PITI$1,918
Initial Loan Amount$232,697
Time on site42 days
Remaining Term27 years, 10 months
Seller's equity (what you pay)
$38,748
Cash or secondary financing
Monthly savings
$29
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Welcome to 9896 W Heather Dr in Arizona City! This move-in ready 3-bedroom, 2-bath home offers 1,293 sq. ft. of thoughtfully designed living space with an open-concept floor plan, abundant natural light, and neutral finishes throughout. The spacious kitchen flows seamlessly into the living and dining areas, making it ideal for everyday living and entertaining. The primary suite features a dual-sink vanity and ample storage, while two additional bedrooms provide flexibility for guests, family, or a home office. Outside, enjoy low-maintenance desert landscaping and a generous backyard ready for your personal touch. Conveniently located with easy access to I-10, this home is perfect for first-time buyers, downsizers, or investors. Don't miss this opportunity!

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 $38,748. 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 feet1,293
Property typeSingle Family
MLS #7060687
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)
$1,543/mo
Source est. payment (PITI)
$1,918/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$38,748

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

$0$38,748
Additional funds needed$0

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