Properties / 10963 W COGGINS Drive
FHA ASSUMABLERate: 3%

10963 W COGGINS Drive

$159,995
Sun City, AZ 85351
1 beds1 baths994 sqftSingle Family
The assumable advantage
3%
FHA assumed rate
$21,796 interest already paid off
Estimated Loan Balance$126,010
Cash to close$34,270
Est. Monthly PITI$884
Initial Loan Amount$142,373
Time on site29 days
Remaining Term24 years, 8 months
Seller's equity (what you pay)
$33,985
Cash or secondary financing
Monthly savings
$341
Versus today's market rate
Est. savings per year
$4K
Versus today's market rate

About this home

Welcome to easy living in the heart of Sun City! This charming 1-bedroom, 1-bath home offers 994 square feet of comfortable, low-maintenance living with a spacious layout and an attached garage. Enjoy a convenient location near shopping, dining, recreation, golf and the many amenities Sun City has to offer. Whether you're looking for a full-time residence or an Arizona lock-and-leave retreat, this home is a wonderful opportunity to add your personal style and make it your own. Come experience the relaxed desert lifestyle!

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 $33,985. 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

Bedrooms1
Bathrooms1
Square feet994
Property typeSingle Family
MLS #7065928
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)
$603/mo
Source est. payment (PITI)
$884/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$33,985

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

$0$33,985
Additional funds needed$0

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