Properties / 10809 E BOSTON Street
FHA ASSUMABLERate: 7.63%

10809 E BOSTON Street

$420,000
Apache Junction, AZ 85120
3 beds3 baths1,859 sqftSingle Family
The assumable advantage
7.63%
FHA assumed rate
$4,008 interest already paid off
Estimated Loan Balance$19,437
Cash to close$400,584
Est. Monthly PITI$389
Initial Loan Amount$19,981
Time on site34 days
Remaining Term25 years, 5 months
Seller's equity (what you pay)
$400,563
Cash or secondary financing
Monthly savings
$2,333
Versus today's market rate
Est. savings per year
$28K
Versus today's market rate

About this home

Assumable Loan 3.5% FHA! 3Bed Plus Loft, 1859sf, 2 story 2002 Pulte Homes Signal Butte and Main. Corner Lot Next to Community Park, no Neighbors next to or behind! New 2024 AC! Fresh Paint Exterior and Interior - Cool Whites and Grays - Cabinets Walls and Doors. Vaulted Ceilings, Tile Floors and Walk Through Kitchen Open to Living! Half Bath and Laundry Downstairs. Master and 2 Beds Upstairs. Updated Fixtures and Appliances. Superstitions and Usery Mountains in Daily View! Gorgeous Remodeled Back Yard Travertine Patio, Natural Gas Grill and Fireplaced and New Shade Pergola! +- 2 miles to the 202 or 60! Shopping Dining Dancing Antiquing Golfing Hiking Boating Kayaking Biking Horses Camping Literally All Around AND Check out those Property Taxes! Amazing. Hurry

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 $400,563. 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
Bathrooms3
Square feet1,859
Property typeSingle Family
MLS #7061896
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$144/mo
Source est. payment (PITI)
$389/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$400,563

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

$0$400,563
Additional funds needed$0

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