Properties / 15950 W QUAIL CREEK Lane
FHA ASSUMABLERate: 3.76%

15950 W QUAIL CREEK Lane

$375,000
Surprise, AZ 85374
2 beds2 baths1,278 sqftSingle Family
The assumable advantage
3.76%
FHA assumed rate
$59,252 interest already paid off
Estimated Loan Balance$342,566
Cash to close$34,396
Est. Monthly PITI$2,254
Initial Loan Amount$372,150
Time on site50 days
Remaining Term25 years, 7 months
Seller's equity (what you pay)
$32,434
Cash or secondary financing
Monthly savings
$472
Versus today's market rate
Est. savings per year
$6K
Versus today's market rate

About this home

Charming Del Webb home in Sun City Grand offers great curb appeal, meticulously kept desert landscaping, a 2-car garage, fresh interior & exterior paint (2022), and a gated walkway leading to the porch. Step into an open floor plan featuring tile flooring, stylish lighting fixtures, and thoughtful upgrades such as a newer AC unit (2022) and water heater (2022). The kitchen boasts recessed lighting, granite countertops & backsplash, abundant cabinetry, and SS appliances. The primary bedroom features a bathroom and a generous walk-in closet. Additional highlights include remodeled bathrooms (2022) and custom closets (2022) to maximize storage. Relax in the backyard under the covered patio, and enjoy the added privacy & comfort (2022) the fenced yard provides. Don't miss this 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 $32,434. 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 feet1,278
Property typeSingle Family
MLS #7047658
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)
$1,739/mo
Source est. payment (PITI)
$2,254/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$32,434

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

$0$32,434
Additional funds needed$0

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