Properties / 1500 N SUNVIEW Parkway
FHA ASSUMABLERate: 6.82%

1500 N SUNVIEW Parkway

$344,900
Gilbert, AZ 85234
3 beds2 baths1,054 sqftSingle Family
The assumable advantage
6.82%
FHA assumed rate
$53,674 interest already paid off
Estimated Loan Balance$321,312
Cash to close$23,588
Est. Monthly PITI$2,518
Initial Loan Amount$329,786
Time on site3 days
Remaining Term27 years, 7 months
Seller's equity (what you pay)
$23,588
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

A beautiful patio home just a couple minute bike ride to Downton Gilbert, with all of its restaurants, coffee shops, unique shops, and so much more! This 3 bedroom, 2 bath home is perfect for a first time home buyer, if you are downsizing OR if you're looking for a exceptional investment. With a community pool, a playground and walking paths, this home offers great neighborhood living. This home has so much to offer and priced under $350K it will go fast!

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 $23,588. 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 feet1,054
Property typeSingle Family
MLS #7074168
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)
$2,157/mo
Source est. payment (PITI)
$2,518/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$23,588

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

$0$23,588
Additional funds needed$0

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