Properties / 2524 N PONY Lane
FHA ASSUMABLERate: 6.65%

2524 N PONY Lane

$399,900
Casa Grande, AZ 85122
3 beds2 baths1,855 sqftSingle Family
The assumable advantage
6.65%
FHA assumed rate
$30,868 interest already paid off
Estimated Loan Balance$369,637
Cash to close$30,614
Est. Monthly PITI$2,744
Initial Loan Amount$373,696
Time on site32 days
Remaining Term28 years, 10 months
Seller's equity (what you pay)
$30,263
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

MOVE-IN READY WITH A 3-CAR A/C TANDEM GARAGE! This gorgeous ,like new , 1,855 sq ft home features 3 spacious bedrooms, 2 bathrooms, and a stunning open floor plan perfect for entertaining. The gourmet kitchen boasts contemporary cabinets with 36'' uppers and elegant crown molding, granite countertops, a gas stove, and stainless steel appliances. The pristine interior highlights 9-foot ceilings, recessed lighting, upgraded tile flooring, and custom motorized window coverings. Enjoy many upgrades including a tankless water heater, a soft water loop, and a reverse osmosis system. The private backyard is fully landscaped with irrigation featuring a block wall fence, a covered patio, and a 10ft side gate perfect for secure RV parking. Don't miss this complete package!

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 $30,263. 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 feet1,855
Property typeSingle Family
MLS #7064660
CountyMaricopa County
Assumable loanFHA
Tour this home
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Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
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)
$2,404/mo
Source est. payment (PITI)
$2,744/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$30,263

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

$0$30,263
Additional funds needed$0

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