Properties / 9525 W CEDAR HILL Circle
FHA ASSUMABLERate: 6.34%

9525 W CEDAR HILL Circle

$298,999
Sun City, AZ 85351
3 beds2 baths1,740 sqftSingle Family
The assumable advantage
6.34%
FHA assumed rate
$53,592 interest already paid off
Estimated Loan Balance$258,239
Cash to close$44,263
Est. Monthly PITI$2,021
Initial Loan Amount$265,109
Time on site50 days
Remaining Term26 years, 9 months
Seller's equity (what you pay)
$40,760
Cash or secondary financing
Monthly savings
$90
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

This 3 bedroom, recently upgraded 2 bathroom tiled showers, and upgraded kitchen cabinets marble counters tops, backsplash, and new dishwasher. This Home features a large Arizona Sunroom, fully included in the square footage perfect for relaxing or entertaining year-round. The primary suite has direct access to the backyard patio which steps outside to a spacious gated backyard. Oversized laundry room wth ample storage, and the garage offers even more built in cabinetry to keep everything organized. Home includes a solar lease that significantly reduces energy costs and is easy to transfer. Just minutes away from Rec centers, golf, swimming, bowling and tons of shopping. Appraisal Completed, Short Sale Pending Approval. Utilies are currently running on credit from Solar utilization. AC unit shows mfg date of 4/2016

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 $40,760. 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 feet1,740
Property typeSingle Family
MLS #6907609
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)
$1,673/mo
Source est. payment (PITI)
$2,021/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$40,760

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

$0$40,760
Additional funds needed$0

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