Properties / 32020 N REDDING Street
FHA ASSUMABLERate: 6.32%

32020 N REDDING Street

$299,000
Wittmann, AZ 85361
4 beds2 baths1,209 sqftSingle Family
The assumable advantage
6.32%
FHA assumed rate
$53,342 interest already paid off
Estimated Loan Balance$236,274
Cash to close$63,009
Est. Monthly PITI$1,879
Initial Loan Amount$246,224
Time on site43 days
Remaining Term26 years, 7 months
Seller's equity (what you pay)
$62,726
Cash or secondary financing
Monthly savings
$232
Versus today's market rate
Est. savings per year
$3K
Versus today's market rate

About this home

Welcome home to a beautifully designed 4-bedroom, 2-bathroom single-story residence that perfectly balances privacy, comfort, and open-concept living. Built in 2023, this contemporary home offers a thoughtful layout that maximizes every square foot, making it ideal for everyday living and effortless entertaining. At the heart of the home, a spacious Great Room and eat-in area flow seamlessly into a modern, chef-ready kitchen. Designed with a split-bedroom floor plan for ultimate privacy, the generous Primary Suite is situated at the front of the home and boasts its own private en-suite bathroom and an expansive walk-in closet. On the opposite side of the residence, you will find three additional well-proportioned bedrooms. Don't miss your chance to own this turn-key, move-in-ready 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 $62,726. 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

Bedrooms4
Bathrooms2
Square feet1,209
Property typeSingle Family
MLS #7048705
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)
$1,531/mo
Source est. payment (PITI)
$1,879/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$62,726

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

$0$62,726
Additional funds needed$0

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