Properties / 43974 W MAGNOLIA Road
FHA ASSUMABLERate: 6.5%

43974 W MAGNOLIA Road

$285,000
Maricopa, AZ 85138
3 beds2 baths1,371 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$22,905 interest already paid off
Estimated Loan Balance$190,424
Cash to close$94,772
Est. Monthly PITI$1,582
Initial Loan Amount$194,120
Time on site48 days
Remaining Term28 years, 2 months
Seller's equity (what you pay)
$94,576
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

Meticulously maintained 3-bedroom, 2-bath home that's truly move-in ready! Featuring vaulted ceilings and an open floor plan, this home showcases pride of ownership throughout. Thoughtful updates include brand-new energy-efficient windows, a new sliding glass door, and a 1-year-old A/C unit for year-round comfort and energy savings. The inviting layout offers comfortable living spaces, while the covered front and back patios provide the perfect places to relax. The low-maintenance backyard features fruit trees, creating a peaceful outdoor retreat. Conveniently located near parks, schools, shopping, and dining, this home combines quality, comfort, and value. Don't miss the opportunity to own this beautifully cared-for home in Maricopa!

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 $94,576. 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 feet1,371
Property typeSingle Family
MLS #7058148
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)
$1,230/mo
Source est. payment (PITI)
$1,582/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$94,576

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

$0$94,576
Additional funds needed$0

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