Properties / 1237 W GREEN TREE Drive
FHA ASSUMABLERate: 6.34%

1237 W GREEN TREE Drive

$380,000
San Tan Valley, AZ 85143
3 beds2 baths1,707 sqftSingle Family
The assumable advantage
6.34%
FHA assumed rate
$70,463 interest already paid off
Estimated Loan Balance$336,499
Cash to close$44,674
Est. Monthly PITI$2,565
Initial Loan Amount$348,570
Time on site50 days
Remaining Term26 years, 10 months
Seller's equity (what you pay)
$43,501
Cash or secondary financing
Monthly savings
$64
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

You have just found your beautiful Home Sweet Home! This gem is located on a cul de sac, faces North/South, and has tons to offer. It has been kept in immaculate condition. There are 3 good sized bedrooms, a den, and 2 baths. Huge living room/dining area. Easy to maintain landscaping in the front & back yards. The kitchen offers tile backsplash, upgraded cabinetry, pantry, and recessed lighting. You'll be in the fantastic subdivision of Skyline Ranch which is close to great schools & parks, shopping, restaurants, greenbelts, theaters, and more. Ideal starter home if you are a first time buyer. It is also the perfect rental property if you're interested in being an investor. Come see this one for yourself!

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 $43,501. 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 feet1,707
Property typeSingle Family
MLS #7037240
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)
$2,177/mo
Source est. payment (PITI)
$2,565/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$43,501

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

$0$43,501
Additional funds needed$0

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