Properties / 576 N Malibu Circle
FHA ASSUMABLERate: 3.89%

576 N Malibu Circle

$220,000
Bullhead City, AZ 86442
3 beds2 baths1,218 sqftSingle Family
The assumable advantage
3.89%
FHA assumed rate
$29,156 interest already paid off
Estimated Loan Balance$41,297
Cash to close$179,170
Est. Monthly PITI$550
Initial Loan Amount$61,402
Time on site36 days
Remaining Term15 years, 8 months
Seller's equity (what you pay)
$178,703
Cash or secondary financing
Monthly savings
$1,003
Versus today's market rate
Est. savings per year
$12K
Versus today's market rate

About this home

Clean and move-in ready, this well-maintained 3-bedroom, 2-bath home offers 1,218 sq ft of comfortable living space. Tile flooring runs throughout the main living areas, with carpet in the bedrooms for added comfort. The interior features a bright and functional layout with spacious living areas and abundant natural light. The kitchen flows seamlessly into the dining and living spaces, making it ideal for both everyday living and entertaining. Generously sized bedrooms provide a relaxing retreat. Outside, enjoy a low-care landscape designed for easy upkeep. Conveniently located near the Colorado River, this home offers easy access to outdoor recreation while still being close to everyday amenities.

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 $178,703. 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 feet1,218
Property typeSingle Family
MLS #039240
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)
$294/mo
Source est. payment (PITI)
$550/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$178,703

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

$0$178,703
Additional funds needed$0

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