Properties / 17359 W FETLOCK Trail
FHA ASSUMABLERate: 6.32%

17359 W FETLOCK Trail

$599,000
Surprise, AZ 85387
5 beds2 baths1,950 sqftSingle Family
The assumable advantage
6.32%
FHA assumed rate
$52,363 interest already paid off
Estimated Loan Balance$447,583
Cash to close$151,417
Est. Monthly PITI$3,288
Initial Loan Amount$456,572
Time on site6 days
Remaining Term28 years, 3 months
Seller's equity (what you pay)
$151,417
Cash or secondary financing
Monthly savings
$698
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

Single Level 5bd. Home w/Pool & corner lot in Desert Oasis.. Granite countertops, maple-wood cabinets, subway tile backsplash, stainless-steel appliances,. Sliding doors to extended covered patio, new recessed lighting at patio, beautiful backyard w/ sparkling pool, water feature, artificial turf. Primary bedroom with en-suite bath, dual sinks, separate shower/tub & 2 primary closets. Split-floorplan, Laundry room cabinets, 2-car garage with built-ins. New Tesla Solar for great savings & New HVAC unit. RV Gate. Community pool, basketball courts, and parks. Amazing Home offering both luxury and practicality in a desirable neighborhood. Community includes splash pad, sport courts, and picnic area. Property is also listed for Rent at $2,900 per month MLS #7076636.

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 $151,417. 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

Bedrooms5
Bathrooms2
Square feet1,950
Property typeSingle Family
MLS #7076520
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)
$2,835/mo
Source est. payment (PITI)
$3,288/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$151,417

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

$0$151,417
Additional funds needed$0

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