Properties / 14223 W BRONCO Trail
FHA ASSUMABLERate: 4.17%

14223 W BRONCO Trail

$385,000
Surprise, AZ 85387
3 beds3 baths1,793 sqftSingle Family
The assumable advantage
4.17%
FHA assumed rate
$53,883 interest already paid off
Estimated Loan Balance$289,854
Cash to close$98,703
Est. Monthly PITI$1,979
Initial Loan Amount$309,905
Time on site50 days
Remaining Term25 years, 9 months
Seller's equity (what you pay)
$95,146
Cash or secondary financing
Monthly savings
$738
Versus today's market rate
Est. savings per year
$9K
Versus today's market rate

About this home

Beautiful 3 Bedroom, 2.5 Bath, Two Story Home Located in amazing Avila Community in Rancho Mercado, Kitchen Island w/Breakfast Bar, Eat-In Kitchen Dining, Tankless water heater, Master Bedroom w/Walk-In Closet, Master Bathroom w/Dual Sinks & Separate Tub & Shower, 2 Additional Bedrooms and Hallway Bathroom Upstairs, Inside Laundry Room w/Washer & Dryer Included. Fenced Backyard, Covered Front Porch, 2 Car Garage. Hoa maintains front yard and community has walking paths, playground and Community Pool. Still looks like new!

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 $95,146. 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 feet1,793
Property typeSingle Family
MLS #6980214
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)
$1,532/mo
Source est. payment (PITI)
$1,979/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$95,146

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

$0$95,146
Additional funds needed$0

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