Properties / 1583 E LARDNER Drive
FHA ASSUMABLERate: 6.73%

1583 E LARDNER Drive

$375,000
Casa Grande, AZ 85122
4 beds3 baths1,866 sqftSingle Family
The assumable advantage
6.73%
FHA assumed rate
$47,084 interest already paid off
Estimated Loan Balance$346,336
Cash to close$28,664
Est. Monthly PITI$2,735
Initial Loan Amount$353,469
Time on site15 days
Remaining Term28 years, 1 month
Seller's equity (what you pay)
$28,664
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

There's a lot to love about this 4 bedroom, 2.5 bath home, starting with a bright, open layout that just works. Tile runs throughout the main living areas, with carpet in the bedrooms for a little extra comfort. The kitchen is open to the dining and living spaces and features white cabinetry, granite countertops, stainless steel appliances, a large island with seating and plenty of room to gather. The bedrooms are nicely sized, and the primary suite offers a spacious bath with dual sinks and a generous walk-in closet. Outside, the backyard is already finished for you with synthetic turf, and pavers plus a double gate for added flexibility. Decorative stone accents out front, rain gutters and a clean, well-cared-for feel throughout make this one easy to settle into and enjoy.

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 $28,664. 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
Bathrooms3
Square feet1,866
Property typeSingle Family
MLS #7072086
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)
$2,290/mo
Source est. payment (PITI)
$2,735/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$28,664

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

$0$28,664
Additional funds needed$0

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