Properties / 23844 W PARKWAY Drive
FHA ASSUMABLERate: 3.1%

23844 W PARKWAY Drive

$309,000
Buckeye, AZ 85326
4 beds3 baths1,855 sqftSingle Family
The assumable advantage
3.1%
FHA assumed rate
$50,011 interest already paid off
Estimated Loan Balance$330,268
Cash to close$0
Est. Monthly PITI$2,372
Initial Loan Amount$375,457
Time on site50 days
Remaining Term20 years, 6 months
Seller's equity (what you pay)
$0
Cash or secondary financing
Monthly savings
$6
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

A single-level home in Sonoran Vista with the kind of layout buyers are usually trying to find in this price range: 4 bedrooms, a separate den, 2.5 bathrooms, and 1,855 sq ft of living space. The main living area brings the kitchen, dining, and great room together, while the den gives you a true flex space away from the bedrooms. The primary suite includes a walk-in closet, full bathroom, and private toilet room. The home also includes solar, a covered patio, block-fenced backyard, desert front landscaping, and a 2-car garage. Conveniently located with access to nearby schools, shopping, dining, and Buckeye's continued grow

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

Bedrooms4
Bathrooms3
Square feet1,855
Property typeSingle Family
MLS #7039388
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)
$1,816/mo
Source est. payment (PITI)
$2,372/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.