Properties / 1958 W CAMERON Boulevard
FHA ASSUMABLERate: 2.74%

1958 W CAMERON Boulevard

$280,000
Coolidge, AZ 85128
4 beds2 baths1,558 sqftSingle Family
The assumable advantage
2.74%
FHA assumed rate
$34,519 interest already paid off
Estimated Loan Balance$216,888
Cash to close$66,127
Est. Monthly PITI$1,419
Initial Loan Amount$243,998
Time on site50 days
Remaining Term24 years, 7 months
Seller's equity (what you pay)
$63,112
Cash or secondary financing
Monthly savings
$640
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

Move-in ready! This beautifully maintained 2020 home is recently vacated and features freshly painted walls and professionally cleaned floors. Enjoy the savings of PAID-OFF solar, a brand-new, never-used JennAir refrigerator, upgraded double oven and cooktop, water softener, reverse osmosis system, and the rare opportunity to assume a 2.5% mortgage rate if desired. This 4-bedroom, 2-bath home offers an open-concept layout, modern finishes, 9-foot ceilings, tile flooring, ceiling fans throughout, and a covered patio overlooking a real grass backyard.

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 $63,112. 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
Bathrooms2
Square feet1,558
Property typeSingle Family
MLS #7004564
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)
$1,011/mo
Source est. payment (PITI)
$1,419/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$63,112

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

$0$63,112
Additional funds needed$0

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