Properties / 18574 W HACKAMORE Drive
FHA ASSUMABLERate: 7.23%

18574 W HACKAMORE Drive

$375,000
Surprise, AZ 85387
3 beds2 baths1,701 sqftSingle Family
The assumable advantage
7.23%
FHA assumed rate
$80,409 interest already paid off
Estimated Loan Balance$355,806
Cash to close$19,895
Est. Monthly PITI$2,937
Initial Loan Amount$366,244
Time on site50 days
Remaining Term27 years
Seller's equity (what you pay)
$19,194
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

LiIKE - NEW single-story home in Surprise without the new-build price! This move-in ready 3-bedroom, 2-bath home features an open-concept split floor plan with 1,701 sq. ft. The kitchen offers granite countertops, a large center island with breakfast bar, abundant cabinetry, and a spacious walk-in pantry. The oversized primary suite includes a large walk-in closet and private bath. Relax under the covered patio in the low-maintenance backyard. Conveniently located near shopping, restaurants, parks, schools, and Loop 303. Ideal for buyers looking for a move-in ready home under $400K in Surprise.

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 $19,194. 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 feet1,701
Property typeSingle Family
MLS #7048805
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)
$2,501/mo
Source est. payment (PITI)
$2,937/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$19,194

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

$0$19,194
Additional funds needed$0

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