Properties / 31000 W Mulberyy Drive
FHA ASSUMABLERate: 5.75%

31000 W Mulberyy Drive

$330,000
Buckeye, AZ 85396
3 beds2 baths1,249 sqftSingle Family
The assumable advantage
5.75%
FHA assumed rate
$40,409 interest already paid off
Estimated Loan Balance$934,023
Cash to close$0
Est. Monthly PITI$6,195
Initial Loan Amount$941,000
Time on site6 days
Remaining Term29 years, 4 months
Seller's equity (what you pay)
$0
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

Welcome to this beautiful, well-maintained 2020-built home featuring 3 bedrooms and 2 full bathrooms. This inviting home offers a spacious open-concept great room, a thoughtfully designed split floor plan, and a kitchen with a large island--perfect for everyday living and entertaining. Enjoy the added flexibility of a formal dining room for gatherings and special occasions. Best of all, the solar panels are fully paid off, offering an added benefit to the next homeowner. Pride of ownership shines throughout this lovingly cared-for home. Don't miss the opportunity to make it yours!

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 $0. 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 feet1,249
Property typeSingle Family
MLS #7076436
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)
$5,497/mo
Source est. payment (PITI)
$6,195/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.