Properties / 41069 W SHAVER Drive
FHA ASSUMABLERate: 6.58%

41069 W SHAVER Drive

$225,000
Maricopa, AZ 85138
3 beds2 baths1,611 sqftSingle Family
The assumable advantage
6.58%
FHA assumed rate
$674 interest already paid off
Estimated Loan Balance$12,220
Cash to close$212,765
Est. Monthly PITI$445
Initial Loan Amount$12,348
Time on site3 days
Remaining Term26 years, 3 months
Seller's equity (what you pay)
$212,780
Cash or secondary financing
Monthly savings
$1,245
Versus today's market rate
Est. savings per year
$15K
Versus today's market rate

About this home

Enjoy this 3-bedroom, 2-bath home located in the Rancho El Dorado of Maricopa. Features an open floor plan, split primary bedroom, plank tile flooring, and neutral colors throughout. Conveniently located near shopping, dining, schools, and community amenities. A great opportunity to make this home your own.

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 $212,780. 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 feet1,611
Property typeSingle Family
MLS #7077268
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)
$82/mo
Source est. payment (PITI)
$445/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$212,780

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

$0$212,780
Additional funds needed$0

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