Properties / 2682 E COWBOY COVE Trail
FHA ASSUMABLERate: 2.94%

2682 E COWBOY COVE Trail

$369,000
San Tan Valley, AZ 85143
4 beds3 baths2,192 sqftSingle Family
The assumable advantage
2.94%
FHA assumed rate
$39,089 interest already paid off
Estimated Loan Balance$209,866
Cash to close$160,116
Est. Monthly PITI$1,439
Initial Loan Amount$240,141
Time on site49 days
Remaining Term24 years, 2 months
Seller's equity (what you pay)
$159,134
Cash or secondary financing
Monthly savings
$1,164
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

Spacious two-story home featuring 4 bedrooms and 3 full bathrooms, including a convenient downstairs bedroom and full bath perfect for guests, multigenerational living, or a home office. The functional floor plan offers generous living spaces and a kitchen with granite countertops and ample cabinetry. Upstairs, you'll find additional bedrooms and a comfortable primary suite. The backyard features a sparkling swimming pool and plenty of space for entertaining, relaxing, or creating your own outdoor oasis. This home offers a fantastic opportunity to add your personal touches and make it your own while enjoying a highly desirable layout and great outdoor amenities.

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 $159,134. 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 feet2,192
Property typeSingle Family
MLS #7046363
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)
$1,012/mo
Source est. payment (PITI)
$1,439/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$159,134

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

$0$159,134
Additional funds needed$0

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