Properties / 1265 S AARON
FHA ASSUMABLERate: 5.05%

1265 S AARON

$358,000
Mesa, AZ 85209
3 beds3 baths1,449 sqftSingle Family
The assumable advantage
5.05%
FHA assumed rate
$78,980 interest already paid off
Estimated Loan Balance$72,717
Cash to close$285,587
Est. Monthly PITI$926
Initial Loan Amount$112,917
Time on site28 days
Remaining Term13 years, 8 months
Seller's equity (what you pay)
$285,283
Cash or secondary financing
Monthly savings
$1,496
Versus today's market rate
Est. savings per year
$18K
Versus today's market rate

About this home

Move-in ready, fully furnished, and ideally located, this desirable end-unit offers comfort, convenience, and exceptional value. Featuring 3 bedrooms, 2.5 baths, and a spacious, thoughtfully designed floor plan, this home is ready for immediate enjoyment. The expansive primary suite provides a private and relaxing retreat, while the end-unit location offers added privacy. A 2-car garage provides convenient parking and plenty of additional storage. Designed for effortless living and entertaining, the home features a built-in sound system, adding the perfect touch for enjoying music throughout the home. Best of all, the furniture, four TVs, and household goods all convey, making this a truly turnkey opportunity. Ideally situated directly across from the community park and just minutes from Loop 202, US-60, shopping, dining, and everyday conveniences, this home is perfectly suited for a full-time residence, seasonal getaway, or investment property. Don't miss the opportunity to own a beautifully furnished home where comfort, convenience, and location come together!

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 $285,283. 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 feet1,449
Property typeSingle Family
MLS #7065841
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)
$615/mo
Source est. payment (PITI)
$926/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$285,283

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

$0$285,283
Additional funds needed$0

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