Properties / 6787 E SAN TAN Way
FHA ASSUMABLERate: 6.61%

6787 E SAN TAN Way

$240,000
Florence, AZ 85132
3 beds2 baths1,511 sqftSingle Family
The assumable advantage
6.61%
FHA assumed rate
$64,819 interest already paid off
Estimated Loan Balance$261,375
Cash to close$0
Est. Monthly PITI$2,173
Initial Loan Amount$273,062
Time on site0 days
Remaining Term26 years, 4 months
Seller's equity (what you pay)
$0
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

Welcome to this beautifully situated three-bedroom, two-bathroom single-level home offering an inviting blend of comfort, functionality, and stunning mountain views. With a bright, open layout and thoughtful spaces throughout, this home is ready for its next chapter. Step inside to a spacious great room designed for the way you live today--open enough for entertaining, yet comfortable for everyday relaxation. The kitchen offers generous cabinet and counter space, a convenient pantry, and included appliances, making meal prep and hosting effortless while keeping you connected to the main living area. The private primary suite provides a relaxing retreat with dual sinks, a walk-in shower, and a spacious walk-in closet. Two additional bedrooms feature full-size closets, offering flexibility for guests, a home office, fitness room, or whatever best fits your lifestyle. Step outside and take advantage of Arizona's beautiful weather in the thoughtfully designed backyard. A raised flagstone patio creates an ideal space for outdoor dining or morning coffee, while built-in bench seating provides a welcoming spot to gather. The dedicated spa pad offers the perfect opportunity to create your own backyard retreat. Beyond the home, enjoy the lifestyle that makes San Tan Valley so appealing. Surrounded by desert landscapes and spectacular mountain scenery, the area offers a balance of peaceful residential living with convenient access to shopping, dining, parks, trails, and outdoor recreation. Nearby Queen Creek and the growing East Valley provide even more options for dining, entertainment, and everyday conveniences, while outdoor enthusiasts can enjoy easy access to destinations including San Tan Mountain Regional Park. For recreation closer to home, the surrounding Queen Creek/San Tan Valley area offers an extensive network of parks, trails, athletic facilities, and community gathering spaces. With single-level living, mountain views, an open floor plan, generous storage, and a backyard ready to be enjoyed or customized, this home offers the space and flexibility today's buyers are looking for. Whether you're searching for a primary residence, a place to settle into Arizona living, or a home with room to make it your own.

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 $0. 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 feet1,511
Property typeSingle Family
MLS #7079986
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)
$1,748/mo
Source est. payment (PITI)
$2,173/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.