Properties / 3942 W GLACIER Court
FHA ASSUMABLERate: 6.58%

3942 W GLACIER Court

$512,500
Anthem, AZ 85086
4 beds2 baths1,827 sqftSingle Family
The assumable advantage
6.58%
FHA assumed rate
$28,494 interest already paid off
Estimated Loan Balance$398,995
Cash to close$114,633
Est. Monthly PITI$3,113
Initial Loan Amount$401,912
Time on site50 days
Remaining Term29 years
Seller's equity (what you pay)
$113,505
Cash or secondary financing
Monthly savings
$451
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

Beautiful upgraded home four bedrooms, 2 bath dream private back yard pool and a heated spa. Front entrance stairs Kitchen with a up graded lgd lighting granite in the rights places build in fridge coffee bar with a new cabinets and stone back splash and theater back yard with a beautiful finish heated spa and a pool fountains water fall and color lighting gazebo fire place with a black stone decoration tv in top of chimney and a stain steel bbq travertine flooring

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 $113,505. 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 feet1,827
Property typeSingle Family
MLS #7038202
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)
$2,571/mo
Source est. payment (PITI)
$3,113/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$113,505

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

$0$113,505
Additional funds needed$0

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