Properties / 41285 W PARKHILL Drive
FHA ASSUMABLERate: 6.58%

41285 W PARKHILL Drive

$324,900
Maricopa, AZ 85138
4 beds3 baths2,108 sqftSingle Family
The assumable advantage
6.58%
FHA assumed rate
$83,518 interest already paid off
Estimated Loan Balance$338,665
Cash to close$0
Est. Monthly PITI$2,839
Initial Loan Amount$353,479
Time on site20 days
Remaining Term26 years, 5 months
Seller's equity (what you pay)
$0
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

Look NO more! Introducing this charming two-story residence featuring a 2-car garage! Thoughtfully designed with comfort and convenience in mind, this home welcomes you with a perfectly flowing open floor plan bathed in natural light. Stainless steel appliances, tile backsplash, abundant cabinets, quartz counters, and a center island with a breakfast bar make this lovely kitchen a cook's delight. Head upstairs to find a sizable loft offering incredible versatility and easily serving as an office, gym, or additional lounge area. In the large main bedroom, you'll have a walk-in closet and a private bathroom with an enclosed glass shower. Spacious backyard includes a covered patio where you can enjoy al fresco dining or unwinding. Hurry! Make it yours before it's gone!

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 $0. 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 feet2,108
Property typeSingle Family
MLS #7070141
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
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
Call

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)
$2,255/mo
Source est. payment (PITI)
$2,839/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.