Properties / 7976 W CANDLEWOOD Way
FHA ASSUMABLERate: 6.81%

7976 W CANDLEWOOD Way

$385,000
Florence, AZ 85132
4 beds2 baths1,776 sqftSingle Family
The assumable advantage
6.81%
FHA assumed rate
$33,644 interest already paid off
Estimated Loan Balance$393,112
Cash to close$0
Est. Monthly PITI$3,134
Initial Loan Amount$397,664
Time on site11 days
Remaining Term28 years, 10 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

Dive into resort-style living with this gorgeous 4-bedroom, 2-bathroom beauty perfectly appointed on a premium corner lot! The private backyard is an entertainer's dream, highlighted by a sparkling heated pool and hot tub, extended paver decking, a cozy gas fire pit, lush low-maintenance turf, and a very large, professionally landscaped yard. Inside, the kitchen features stainless steel appliances, under-cabinet lighting, convenient roll-out trays, and a home water softener system. Enjoy added energy savings with an existing SOLAR lease! Located in prestigious Anthem at Merrill Ranch, residents access incredible amenities: community pools, a fitness center, championship golf course, parks, dog park, tennis, pickleball, and miles of walking trails. Note: Property is a short sale.

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
Bathrooms2
Square feet1,776
Property typeSingle Family
MLS #7073561
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)
$2,598/mo
Source est. payment (PITI)
$3,134/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.