Properties / 10401 E SUNFLOWER Lane
FHA ASSUMABLERate: 6.11%

10401 E SUNFLOWER Lane

$219,900
Florence, AZ 85132
3 beds2 baths1,392 sqftSingle Family
The assumable advantage
6.11%
FHA assumed rate
$50,025 interest already paid off
Estimated Loan Balance$209,067
Cash to close$11,625
Est. Monthly PITI$1,732
Initial Loan Amount$218,762
Time on site50 days
Remaining Term26 years, 3 months
Seller's equity (what you pay)
$10,833
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

Seize the chance to own this charming 3-bedroom, 2-bath property in Magma Ranch! Discover an appealing open layout with a contemporary palette, blinds, and stylish wood-look flooring. The eat-in kitchen has granite counters, ample wood cabinetry with crown moulding, recessed lighting, stainless steel appliances, and a peninsula with a breakfast bar. The main bedroom includes a private bathroom and a convenient walk-in closet. Venture out onto the backyard, which offers a covered patio and abundant space for crafting your dream outdoor oasis. Don't miss out on this fantastic opportunity!

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 $10,833. 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 feet1,392
Property typeSingle Family
MLS #7034898
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)
$1,334/mo
Source est. payment (PITI)
$1,732/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$10,833

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

$0$10,833
Additional funds needed$0

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