Properties / 451 S HAWES Road
FHA ASSUMABLERate: 6.43%

451 S HAWES Road

$339,000
Mesa, AZ 85208
3 beds3 baths1,190 sqftSingle Family
The assumable advantage
6.43%
FHA assumed rate
$69,690 interest already paid off
Estimated Loan Balance$337,073
Cash to close$3,463
Est. Monthly PITI$2,582
Initial Loan Amount$348,570
Time on site50 days
Remaining Term26 years, 10 months
Seller's equity (what you pay)
$1,927
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

This updated 3-bedroom home is the one for you! The inviting interior showcases an open layout filled with natural light, with new floors, contemporary lighting, and stylish neutral tones promoting a modern feel. The pristine kitchen awaits your culinary adventures, equipped with white cabinetry, and stainless steel appliances. The primary bedroom is a true retreat, offering a walk-in closet for an easily organized wardrobe and a private bathroom for added comfort. Get ready for weekend grills and fun evenings in the backyard, offering a paver patio and a grass area. Conveniently located close to restaurants, golfing, and the freeway! What's not to love? Come see it before it's too late!

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 $1,927. 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 feet1,190
Property typeSingle Family
MLS #7033981
CountyMaricopa County
Assumable loanFHA
Tour this home
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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)
$2,200/mo
Source est. payment (PITI)
$2,582/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$1,927

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

$0$1,927
Additional funds needed$0

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