Properties / 11472 N 168TH Drive
FHA ASSUMABLERate: 6.78%

11472 N 168TH Drive

$530,000
Surprise, AZ 85388
4 beds3 baths2,352 sqftSingle Family
The assumable advantage
6.78%
FHA assumed rate
$97,009 interest already paid off
Estimated Loan Balance$469,181
Cash to close$61,321
Est. Monthly PITI$3,702
Initial Loan Amount$484,684
Time on site21 days
Remaining Term27 years
Seller's equity (what you pay)
$60,819
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

*Seller offering a $5K buyer concession!* Discover this nearly new, spacious home featuring 4 beds, 3 baths, Den, RV gate, beautifully landscaped backyard & stunning mountain views. Enjoy a private lot with no neighbors behind. Inside, a gorgeous iron front door opens to a thoughtfully upgraded interior w/ gourmet kitchen boasting a gas range, counter-depth S/S refrigerator, walk-in pantry, 42-inch maple cabinetry w/ crown molding, under-cabinet lighting & upgraded leathered granite counters. Spacious primary suite offers a relaxing retreat w/ ensuite bath, makeup desk & walk-in closet. Additional highlights include recessed lighting, surround-sound prewire & stylish finishes thruout, Enjoy resort-style community amenities including clubhouse, sparkling pool, fitness center & play area.

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 $60,819. 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 feet2,352
Property typeSingle Family
MLS #7069390
CountyMaricopa County
Assumable loanFHA
Tour this home
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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
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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)
$3,160/mo
Source est. payment (PITI)
$3,702/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$60,819

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

$0$60,819
Additional funds needed$0

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