Properties / 47863 W KENNER Drive
FHA ASSUMABLERate: 6.82%

47863 W KENNER Drive

$299,900
Maricopa, AZ 85139
3 beds2 baths1,494 sqftSingle Family
The assumable advantage
6.82%
FHA assumed rate
$52,050 interest already paid off
Estimated Loan Balance$291,770
Cash to close$8,428
Est. Monthly PITI$2,360
Initial Loan Amount$299,465
Time on site40 days
Remaining Term27 years, 6 months
Seller's equity (what you pay)
$8,130
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 Amarillo Creek, one of Maricopa's most sought-after newer communities! Constructed in 2024 by award winning builder Ashton Woods, this beautifully upgraded 3-bedroom, 2-bath home offers the perfect blend of modern design, comfort, and functionality. Step inside to a thoughtfully designed open floor plan with professionally selected finishes throughout. The gourmet kitchen serves as the heart of the home, featuring granite countertops, crisp white cabinetry, stainless steel appliances, and abundant workspace, perfect for everyday living and entertaining. Luxury wood-look tile flows seamlessly through the main living areas, creating a clean, contemporary feel, while the bedrooms offer warmth and comfort. Designer finishes, a neutral color palette, and quality craftsmanship make this home truly move-in ready. Enjoy life in Amarillo Creek, with convenient access to parks, schools, shopping, dining, and everything Maricopa has to offer.

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 $8,130. 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 feet1,494
Property typeSingle Family
MLS #7061512
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)
$1,960/mo
Source est. payment (PITI)
$2,360/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$8,130

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

$0$8,130
Additional funds needed$0

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