Properties / 41571 W CHIMAYO Court
FHA ASSUMABLERate: 3.02%

41571 W CHIMAYO Court

$270,000
Maricopa, AZ 85138
3 beds3 baths2,433 sqftSingle Family
The assumable advantage
3.02%
FHA assumed rate
$44,110 interest already paid off
Estimated Loan Balance$228,819
Cash to close$43,815
Est. Monthly PITI$1,632
Initial Loan Amount$260,200
Time on site50 days
Remaining Term24 years, 1 month
Seller's equity (what you pay)
$41,181
Cash or secondary financing
Monthly savings
$477
Versus today's market rate
Est. savings per year
$6K
Versus today's market rate

About this home

**Short Sale** NEW SOLAR IN 2024. TO BE PAID OFF AT CLOSE BY SELLER AT CLOSING! This stunning 3 BD | 2.5 BA + Loft home sits on a quiet cul-de-sac & delivers 2,433 SF of beautifully designed living space. The open-concept kitchen impresses w/ a large center island, SS appliances & an abundance of natural light. Retreat to the spacious primary suite featuring dual sinks, soaking tub & walk-in closet. The oversized upstairs loft is ideal for a home office, playroom or flex space. Step outside to a fully landscaped backyard w/ turf & pavers, perfect for entertaining year-round under the Arizona sky. Low HOA unlocks resort style amenities: pools, fitness center, tennis & more. Tucked in one of Maricopa's most desirable master-planned communities & priced to sell. Don't miss this one!

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 $41,181. 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
Bathrooms3
Square feet2,433
Property typeSingle Family
MLS #7015571
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)
$1,115/mo
Source est. payment (PITI)
$1,632/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$41,181

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

$0$41,181
Additional funds needed$0

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