Properties / 3763 S CHAPARRAL Road
FHA ASSUMABLERate: 6.56%

3763 S CHAPARRAL Road

$535,000
Apache Junction, AZ 85119
4 beds3 baths2,535 sqftSingle Family
The assumable advantage
6.56%
FHA assumed rate
$24,627 interest already paid off
Estimated Loan Balance$408,406
Cash to close$126,978
Est. Monthly PITI$3,160
Initial Loan Amount$411,404
Time on site21 days
Remaining Term29 years, 2 months
Seller's equity (what you pay)
$126,594
Cash or secondary financing
Monthly savings
$533
Versus today's market rate
Est. savings per year
$6K
Versus today's market rate

About this home

Beautifully maintained two-story home with an open, functional layout and stunning a view of the Superstitions. The sun-filled living room welcomes you in, while the great room features French doors leading to the back patio, perfect for entertaining. The kitchen offers stainless steel appliances, granite countertops, tile backsplash, ample cabinetry, a pantry, and a prep island with breakfast bar. A main-level powder room adds convenience. Upstairs, the spacious loft is ideal for a media room, office, or additional living space. The primary suite features balcony access, barn-door entry, dual sinks, and a walk-in closet. Enjoy comfortable living with incredible views! Venture to the spacious backyard where you'll find a covered patio, storage shed, and sparkling pool. This one-of-a-kind gem is ready to impress!

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 $126,594. 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
Bathrooms3
Square feet2,535
Property typeSingle Family
MLS #7068561
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)
$2,622/mo
Source est. payment (PITI)
$3,160/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$126,594

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

$0$126,594
Additional funds needed$0

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