Properties / 640 N 43RD Avenue
FHA ASSUMABLERate: 2.93%

640 N 43RD Avenue

$149,000
Show Low, AZ 85901
1 beds1 baths673 sqftSingle Family
The assumable advantage
2.93%
FHA assumed rate
$8,167 interest already paid off
Estimated Loan Balance$52,664
Cash to close$96,454
Est. Monthly PITI$488
Initial Loan Amount$58,913
Time on site24 days
Remaining Term25 years, 1 month
Seller's equity (what you pay)
$96,336
Cash or secondary financing
Monthly savings
$632
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

Escape to the cool pines of Show Low w/ this charming 1-bed, 1-bath manufactured home nestled on a .14-acre lot w/ NO HOA & offers RV Parking and hookup. Surrounded by tall, mature trees for more privacy, this cozy retreat offers the perfect blend of comfort and mountain living. Enjoy year-round relaxation in the spacious Arizona room, ideal for entertaining or unwinding with your morning coffee. Two outbuildings provide plenty of storage for tools, outdoor gear, or hobbies & a fully fenced in backyard is great for pets or kids. Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, this property offers peaceful surroundings while remaining just minutes from shopping, dining, lakes, & outdoor recreation. Don't miss this affordable White Mountains gem.

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 $96,336. 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

Bedrooms1
Bathrooms1
Square feet673
Property typeSingle Family
MLS #7068263
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)
$247/mo
Source est. payment (PITI)
$488/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$96,336

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

$0$96,336
Additional funds needed$0

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