Properties / 498 S 226th Drive
FHA ASSUMABLERate: 3.39%

498 S 226th Drive

$325,000
Buckeye, AZ 85326
2 beds2 baths1,626 sqftSingle Family
The assumable advantage
3.39%
FHA assumed rate
$100,320 interest already paid off
Estimated Loan Balance$277,916
Cash to close$51,614
Est. Monthly PITI$2,180
Initial Loan Amount$346,500
Time on site50 days
Remaining Term20 years, 7 months
Seller's equity (what you pay)
$47,084
Cash or secondary financing
Monthly savings
$352
Versus today's market rate
Est. savings per year
$4K
Versus today's market rate

About this home

Wake up to breathtaking golf course and White Tank Mountain views every day! This beautifully upgraded home sits on the 18th fairway and offers a peaceful backyard oasis complete with artificial turf, paver walkways, mature desert landscaping, and plenty of space to relax or entertain. Inside, you'll discover a 2 bedroom plus office with new carpets in the bedrooms, upgraded wood flooring, custom built-in cabinetry, and an open layout designed for comfortable living. If you've been searching for a move-in-ready home that combines style, comfort, and incredible scenery, this Buckeye gem is a must-see! #BuckeyeAZ #GolfCourseHome #ArizonaLiving

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 $47,084. 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

Bedrooms2
Bathrooms2
Square feet1,626
Property typeSingle Family
MLS #6998405
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)
$1,565/mo
Source est. payment (PITI)
$2,180/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$47,084

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

$0$47,084
Additional funds needed$0

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