Properties / 45370 W HORSE MESA Road
FHA ASSUMABLERate: 4.1%

45370 W HORSE MESA Road

$357,000
Maricopa, AZ 85139
5 beds3 baths3,120 sqftSingle Family
The assumable advantage
4.1%
FHA assumed rate
$71,817 interest already paid off
Estimated Loan Balance$167,229
Cash to close$189,771
Est. Monthly PITI$1,529
Initial Loan Amount$206,097
Time on site14 days
Remaining Term20 years, 9 months
Seller's equity (what you pay)
$189,771
Cash or secondary financing
Monthly savings
$1,107
Versus today's market rate
Est. savings per year
$13K
Versus today's market rate

About this home

INCREDIBLE BUYER INCENTIVES: $5,000 MORTGAGE CONCESSION. Seller will pay up to $5,000 at closing towards your interest rate buydown if you finance with lender of sellers choice. Welcome to 45370 W Horse Mesa Rd, Maricopa AZ 85139, a property that boasts a variety of desirable features. Enjoy the outdoors in any weather with the covered patio, perfect for entertaining or relaxing. Inside, the kitchen is a chef's dream with a convenient kitchen island, an accent backsplash that adds a touch of elegance, and all stainless steel appliances for a modern look. The primary bathroom is a sanctuary with double sinks for ample space, and a separate tub and shower for ultimate relaxation. Recent updates include a partial flooring replacement, enhancing the overall appeal of the home. This property i

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 $189,771. 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

Bedrooms5
Bathrooms3
Square feet3,120
Property typeSingle Family
MLS #7072575
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)
$998/mo
Source est. payment (PITI)
$1,529/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$189,771

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

$0$189,771
Additional funds needed$0

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