Properties / 21286 N 271ST Drive
FHA ASSUMABLERate: 7.1%

21286 N 271ST Drive

$374,900
Buckeye, AZ 85396
2 beds2 baths1,526 sqftSingle Family
The assumable advantage
7.1%
FHA assumed rate
$57,398 interest already paid off
Estimated Loan Balance$355,447
Cash to close$19,453
Est. Monthly PITI$2,930
Initial Loan Amount$363,288
Time on site6 days
Remaining Term27 years, 10 months
Seller's equity (what you pay)
$19,453
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Welcome to Sun City Festival, a premier 55+ active adult community where resort-style living meets comfort and convenience. This inviting 2-bdrm/2bath split flrplan home - High Demand Odyssey Model - features a spacious kitchen w/abundant cabinets, ample granite counters, large island & walk-in pantry all overlooking the light & airy living space. Flexible dining space--perfect for either formal or casual gatherings. Primary bdrm with an ensuite bath w/dual sinks, WI shower & lg WI closet. Step outside to the easy-care backyard, w/block fencing and cov'd patio w/ceil fan-ideal spot to unwind and enjoy beautiful AZ sunsets. Need extra garage space? You'll appreciate the 4-ft garage extension, providing plenty of room for a truck, golf cart, or additional storage. Additional features inc.. Ceramic tile t/o except bdrms have carpet, ceiling fans t/o, soft-water loop, all appliances included, and plumbing ready for a sink in the laundry-room, whole house fan and pre-wired for surround sound. Approved Safeway going in on corner of Sun Valley Parkway and Canyon Springs behind the Shell gas station. Perfectly sized, easy to maintain, and located in a community packed with amenities, this home offers the ideal Arizona adult lifestyle. Residents enjoy an impressive array of amenities, including an expansive events center, 2 recreation centers, 2 pools, 2 gyms, many clubs and classes, Wood Shop and Craft Studios, pickleball & tennis courts, ball field, pet parks, on-site restaurant/dining/bar, and a 27-hole golf course and pro shop. Allow extra time for your visit --there is so much to see and enjoy at Sun City Festival. Welcome home!

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 $19,453. 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 feet1,526
Property typeSingle Family
MLS #7076585
CountyMaricopa County
Assumable loanFHA
Tour this home
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Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
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)
$2,444/mo
Source est. payment (PITI)
$2,930/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$19,453

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

$0$19,453
Additional funds needed$0

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