Properties / 2470 E COUNTY DOWN Drive
FHA ASSUMABLERate: 2.87%

2470 E COUNTY DOWN Drive

$699,000
Chandler, AZ 85249
5 beds3 baths2,884 sqftSingle Family
The assumable advantage
2.87%
FHA assumed rate
$39,121 interest already paid off
Estimated Loan Balance$260,913
Cash to close$437,498
Est. Monthly PITI$1,765
Initial Loan Amount$292,839
Time on site1 day
Remaining Term25 years, 2 months
Seller's equity (what you pay)
$438,087
Cash or secondary financing
Monthly savings
$2,908
Versus today's market rate
Est. savings per year
$35K
Versus today's market rate

About this home

Fresh, bright & beautifully current - this home was designed to entertain! Updated throughout, this expansive floorplan offers 5+BR & 3BA that feel crisp, clean & truly move-in ready. Freshly painted, new windows, multiple living areas, fully upgraded bathrooms & a thoughtfully designed kitchen where every detail was chosen with intention. The generous island comfortably seats seven & anchors a space with effortless functionality. A private lap pool & outdoor living areas provide the perfect atmosphere to host gatherings or simply relax & enjoy the Arizona lifestyle. Ideally located minutes from Chandler's tech corridor and highly rated A++ schools, Cooper Commons is a standout community. While other properties can feel dated & tired, this beauty feels bright, polished & fully current.

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 $438,087. 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

Bedrooms5
Bathrooms3
Square feet2,884
Property typeSingle Family
MLS #7078446
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)
$1,214/mo
Source est. payment (PITI)
$1,765/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$438,087

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

$0$438,087
Additional funds needed$0

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