Properties / 1326 E 11TH Street
FHA ASSUMABLERate: 6.82%

1326 E 11TH Street

$435,000
Casa Grande, AZ 85122
3 beds2 baths1,816 sqftSingle Family
The assumable advantage
6.82%
FHA assumed rate
$52,052 interest already paid off
Estimated Loan Balance$291,780
Cash to close$143,519
Est. Monthly PITI$2,367
Initial Loan Amount$299,475
Time on site40 days
Remaining Term27 years, 6 months
Seller's equity (what you pay)
$143,220
Cash or secondary financing
Monthly savings
$605
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Luxury and convenience! Fully remodel House in the center of Casa grande, open concept with vaulted ceilings, Marble and walking showers, Travertine, Wood and Tile Floors, 3 beds plus Office Room, 2 Baths, 3 Car garage, Marble countertops throughout, Recently painted in and Outside with high quality paint. Delicate and zero maintenance desert landscape, Irrigation system. Trane AC unit under warranty, modern ceilings fans and lights. Big solar system that cover most of the electric bill in summer! RV gate and parking, large backyard with cover patio with enough space to build your own oasis!

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 $143,220. 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 feet1,816
Property typeSingle Family
MLS #7061549
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)
$1,960/mo
Source est. payment (PITI)
$2,367/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$143,220

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

$0$143,220
Additional funds needed$0

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