Properties / 8056 S VATO Lane
FHA ASSUMABLERate: 6.65%

8056 S VATO Lane

$335,000
Hereford, AZ 85615
4 beds2 baths2,790 sqftSingle Family
The assumable advantage
6.65%
FHA assumed rate
$13,347 interest already paid off
Estimated Loan Balance$140,885
Cash to close$194,250
Est. Monthly PITI$1,326
Initial Loan Amount$142,704
Time on site28 days
Remaining Term28 years, 8 months
Seller's equity (what you pay)
$194,115
Cash or secondary financing
Monthly savings
$1,058
Versus today's market rate
Est. savings per year
$13K
Versus today's market rate

About this home

Discover a truly unique home nestled at the base of the mountain, where peaceful surroundings and distinctive character come together. This spacious residence offers 4 bedrooms and 2 bathrooms, including a generous primary suite with a private sitting area - perfect for reading, relaxing, or creating a quiet home office. One bedroom features its own private entrance, providing excellent flexibility for guests, extended family, a home business, or independent living. Outside, the detached garage and separate workshop offer abundant room for a vehicle, storage, hobbies, or creative projects. With its exceptional mountain setting, versatile floor plan, and hard-to-find workspace, this one-of-a-kind property is ideal for anyone seeking privacy, functionality, and a home that stands apart

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 $194,115. 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

Bedrooms4
Bathrooms2
Square feet2,790
Property typeSingle Family
MLS #7066800
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)
$918/mo
Source est. payment (PITI)
$1,326/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$194,115

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

$0$194,115
Additional funds needed$0

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