Properties / 24857 N 172ND Avenue
FHA ASSUMABLERate: 3.76%

24857 N 172ND Avenue

$374,900
Surprise, AZ 85387
2 beds2 baths1,493 sqftSingle Family
The assumable advantage
3.76%
FHA assumed rate
$56,981 interest already paid off
Estimated Loan Balance$330,063
Cash to close$46,719
Est. Monthly PITI$2,209
Initial Loan Amount$357,887
Time on site50 days
Remaining Term25 years, 8 months
Seller's equity (what you pay)
$44,837
Cash or secondary financing
Monthly savings
$539
Versus today's market rate
Est. savings per year
$6K
Versus today's market rate

About this home

Find your ideal retirement haven in the 55+ gated Community of Heritage Asante! This beautiful 2-bedroom home displays a front porch, manicured landscape, stone accent details, & a 2-car garage w/paver driveway. The interior exudes refined style with tall ceilings, tons of natural light, recessed lighting, a designer palette, wood-look tile flooring in common areas, and soft carpet in bedrooms. You'll love the seamlessly flowing open layout for everyday living & entertaining! The impeccable kitchen boasts SS appliances, quartz counters, mosaic tile backsplash, ample white cabinetry, and an island w/pendant lights over the breakfast bar. Large main bedroom has an ensuite, featuring dual vanities & a walk-in closet w/direct laundry room access. Relax under the covered patio of your backyard! Residents of Heritage Asante enjoy resort-style amenities designed for active adult living, including a clubhouse, fitness center, resort-style pool & spa, pickleball courts, bocce ball courts, and scenic walking trails. The community also features lakes, dog parks, fire pits, and a unique putting course, creating a fun & relaxing atmosphere year-round. Don't miss this opportunity!

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 $44,837. 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

Bedrooms2
Bathrooms2
Square feet1,493
Property typeSingle Family
MLS #7032964
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)
$1,672/mo
Source est. payment (PITI)
$2,209/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$44,837

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

$0$44,837
Additional funds needed$0

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