Properties / 2198 Hijolly Drive
FHA ASSUMABLERate: 2.87%

2198 Hijolly Drive

$314,900
Bullhead City, AZ 86442
3 beds2 baths1,621 sqftSingle Family
The assumable advantage
2.87%
FHA assumed rate
$1,094 interest already paid off
Estimated Loan Balance$6,426
Cash to close$308,495
Est. Monthly PITI$330
Initial Loan Amount$7,662
Time on site29 days
Remaining Term18 years, 8 months
Seller's equity (what you pay)
$308,474
Cash or secondary financing
Monthly savings
$1,820
Versus today's market rate
Est. savings per year
$22K
Versus today's market rate

About this home

Welcome home to this newly remodeled 3-bedroom, 2 bath home in the desirable El Camino Village Community. Featuring an open floor plan with vaulted ceilings, tile and laminate wood flooring throughout, and stylish finishes, this move-in-ready home is a must see! The updated kitchen offers tile countertops, while both bathrooms feature attractive tile and corian finishes. The garage is equipped with a mini-split system, TWN fiber optic, and an automatic garage door opener. All appliances and ceiling fans throughout stay,.Step outside to a fully fenced backyard designed for easy maintenance with beautiful desert landscaping and breathtaking mountain views. From your own backyard, enjoy views of the AVI fireworks! With its modern updates, low-maintenance landscaping, spacious layout, and mountain views, this home is ready for its new owners. Don t miss the opportunity to make this beautiful home yours!

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 $308,474. 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 feet1,621
Property typeSingle Family
MLS #041383
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$37/mo
Source est. payment (PITI)
$330/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$308,474

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

$0$308,474
Additional funds needed$0

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