Properties / 1836 N STAPLEY Drive
FHA ASSUMABLERate: 3.8%

1836 N STAPLEY Drive

$435,000
Mesa, AZ 85203
3 beds3 baths1,538 sqftSingle Family
The assumable advantage
3.8%
FHA assumed rate
$62,773 interest already paid off
Estimated Loan Balance$216,408
Cash to close$220,040
Est. Monthly PITI$1,614
Initial Loan Amount$250,380
Time on site50 days
Remaining Term23 years
Seller's equity (what you pay)
$218,592
Cash or secondary financing
Monthly savings
$1,388
Versus today's market rate
Est. savings per year
$17K
Versus today's market rate

About this home

Welcome to this beautifully updated 3-bedroom, 2.5-bath home nestled in a desirable cul-de-sac location in Mesa! Featuring soaring vaulted ceilings and an open, inviting floor plan, this home offers both comfort and style. The spacious living areas are enhanced by updated flooring and abundant natural light. The kitchen has been tastefully refreshed with beautiful cabinetry, including partial cabinet replacements, updated countertops, a new oven, refrigerator, and a buffet serving area perfect for entertaining. The primary suite and bathrooms have been thoughtfully updated, including a remodeled shower. Additional improvements include a new front door, new French back doors, a new dining room window, and an energy-efficient A/C. Step outside to enjoy the upgraded backyard featuring a BBQ area and pavers creating the perfect space for outdoor gatherings. Residents also enjoy access to the community pool and hot tub without the maintenance responsibilities of private ownership. With numerous updates throughout and a prime Mesa location, this move-in-ready home is one you won't want to miss! Major Updates Include: A/C (2021) Countertops (2021) Shower Remodel (2021) Flooring (2023) Buffet Area (2024) BBQ Area & Pavers (2024) Refrigerator (2025) Oven (2025) Front Door (2025) French Back Doors (2025) New Dining Room Window

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 $218,592. 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 feet1,538
Property typeSingle Family
MLS #7039744
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)
$1,177/mo
Source est. payment (PITI)
$1,614/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$218,592

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

$0$218,592
Additional funds needed$0

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