Properties / 2086 N SWEETWATER Drive
FHA ASSUMABLERate: 6.15%

2086 N SWEETWATER Drive

$310,000
Casa Grande, AZ 85122
3 beds2 baths1,401 sqftSingle Family
The assumable advantage
6.15%
FHA assumed rate
$62,471 interest already paid off
Estimated Loan Balance$283,480
Cash to close$26,520
Est. Monthly PITI$2,174
Initial Loan Amount$296,530
Time on site1 day
Remaining Term26 years, 7 months
Seller's equity (what you pay)
$26,520
Cash or secondary financing
Monthly savings
$21
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

RARE LAKEFRONT OPPORTUNITY! Experience a lifestyle that is hard to find and even harder to duplicate. This exceptional waterfront home offers beautiful lake views and an inviting setting designed for both everyday living and effortless entertaining. The spacious kitchen features abundant cabinetry, generous counter space, and stainless-steel appliances. The adjoining living room offers a warm and welcoming atmosphere with a cozy fireplace. The primary suite provides a private retreat with an ensuite bath and walk-in closet, while additional bedrooms feature plush carpeting, ceiling fans, and ample closet space. Step outside to the back patio and take in the tranquil lake views--an ideal setting for morning coffee, evening relaxation, or weekend barbecues with friends and family. Enjoy the added amenities of the community clubhouse. With its coveted lakefront setting, comfortable interior, and exceptional outdoor living, this is a truly special opportunity to own a home where the view becomes part of your everyday lifestyle.

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 $26,520. 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 feet1,401
Property typeSingle Family
MLS #7078396
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)
$1,807/mo
Source est. payment (PITI)
$2,174/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$26,520

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

$0$26,520
Additional funds needed$0

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