Properties / 1866 N Logan Lane
FHA ASSUMABLERate: 6.48%

1866 N Logan Lane

$319,000
Casa Grande, AZ 85122
4 beds3 baths2,002 sqftSingle Family
The assumable advantage
6.48%
FHA assumed rate
$63,865 interest already paid off
Estimated Loan Balance$275,410
Cash to close$43,590
Est. Monthly PITI$2,269
Initial Loan Amount$287,342
Time on site7 days
Remaining Term26 years, 6 months
Seller's equity (what you pay)
$43,590
Cash or secondary financing
Monthly savings
$66
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Incredible value in Casa Grande! This spacious 4-bedroom, 2.5-bath two-story home offers 2,002 sq ft of comfortable living -- perfect for a growing family. The kitchen features timeless subway tile backsplash, ample cabinet and counter space, opening to a bright living room. A versatile front flex room offers space for a home office, playroom, or hobby area. Upstairs, the primary suite boasts a generous walk-in closet. Located in a desirable Casa Grande neighborhood, this home is priced to sell fast. 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 $43,590. 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 feet2,002
Property typeSingle Family
MLS #7076088
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)
$1,815/mo
Source est. payment (PITI)
$2,269/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$43,590

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

$0$43,590
Additional funds needed$0

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