Properties / 14396 W ALAMEDA Road
FHA ASSUMABLERate: 5.6%

14396 W ALAMEDA Road

$449,000
Surprise, AZ 85387
3 beds2 baths1,706 sqftSingle Family
The assumable advantage
5.6%
FHA assumed rate
$56,776 interest already paid off
Estimated Loan Balance$413,076
Cash to close$35,924
Est. Monthly PITI$2,905
Initial Loan Amount$426,217
Time on site6 days
Remaining Term27 years, 8 months
Seller's equity (what you pay)
$35,924
Cash or secondary financing
Monthly savings
$198
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

Beautifully upgraded 1,706 sq. ft. home featuring 3 bedrooms, 2 bathrooms, plus a versatile den/flex room! Enjoy thoughtful upgrades throughout, including two-tone eggshell paint, upgraded baseboards, plank tile flooring, plantation shutters, and impressive 8-foot interior doors. The stylish kitchen showcases quartz countertops, a granite composite sink, and GE Café appliances. Bathrooms feature raised vanities for added comfort and functionality. The landscaped backyard offers low-maintenance turf and paver accents, perfect for relaxing or entertaining. Located in growing Northwest Surprise near shopping, dining, and exciting new retail and business development coming to the area! Assumable FHA loan at 5.6% interest rate available to qualified buyers.

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 $35,924. 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 feet1,706
Property typeSingle Family
MLS #7072941
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)
$2,450/mo
Source est. payment (PITI)
$2,905/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$35,924

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

$0$35,924
Additional funds needed$0

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