Properties / 17258 W SELDON Lane
FHA ASSUMABLERate: 5.23%

17258 W SELDON Lane

$538,200
Waddell, AZ 85355
4 beds3 baths2,323 sqftSingle Family
The assumable advantage
5.23%
FHA assumed rate
$92,273 interest already paid off
Estimated Loan Balance$411,721
Cash to close$128,321
Est. Monthly PITI$3,023
Initial Loan Amount$436,655
Time on site50 days
Remaining Term25 years, 11 months
Seller's equity (what you pay)
$126,479
Cash or secondary financing
Monthly savings
$754
Versus today's market rate
Est. savings per year
$9K
Versus today's market rate

About this home

Beautiful move-in ready home in the highly sought-after Granite Vista community! This spacious 4 bedroom, 3 bathroom home offers an open and functional floor plan with modern finishes throughout. The upgraded backyard is designed for low maintenance and entertaining with artificial turf and a custom pergola. Additional features include custom window coverings, upgraded ceiling fans,...north/south exposure, spacious living areas, custom cabinets and shelving in garage and a well-appointed kitchen perfect for everyday living. Conveniently located near Loop 303, parks, shopping, dining, and top-rated schools. Better than new with completed backyard upgrades and window treatments already done!

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 $126,479. 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 feet2,323
Property typeSingle Family
MLS #7033201
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)
$2,420/mo
Source est. payment (PITI)
$3,023/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$126,479

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

$0$126,479
Additional funds needed$0

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