Properties / 10344 W HUTTON Drive
FHA ASSUMABLERate: 2.9%

10344 W HUTTON Drive

$305,000
Sun City, AZ 85351
2 beds2 baths1,694 sqftSingle Family
The assumable advantage
2.9%
FHA assumed rate
$19,662 interest already paid off
Estimated Loan Balance$132,804
Cash to close$172,491
Est. Monthly PITI$950
Initial Loan Amount$147,979
Time on site49 days
Remaining Term25 years, 3 months
Seller's equity (what you pay)
$172,196
Cash or secondary financing
Monthly savings
$1,180
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

Enjoy vibrant adult living in the 2-bedroom, 2-bath unit in Sun City! You're greeted by a 2-car garage and a manicured lawn for excellent curb appeal. Discover an inviting living room with high ceilings, crown moulding, recessed lighting, classic plantation shutters, and durable tile flooring. You'll also find a dedicated family room perfect for relaxing evenings with loved ones. The eat-in kitchen comes with crisp white cabinetry and essential built-in appliances for a seamless cooking experience. You'll be delighted by the split-bedroom plan with sliding door access to the backyard for seamless indoor-outdoor flow. Spend peaceful afternoons in the backyard, which offers a covered patio perfect for dining al fresco or refreshing drinks. 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 $172,196. 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

Bedrooms2
Bathrooms2
Square feet1,694
Property typeSingle Family
MLS #7058006
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)
$619/mo
Source est. payment (PITI)
$950/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$172,196

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

$0$172,196
Additional funds needed$0

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