Properties / 2527 N SILVERADO
FHA ASSUMABLERate: 6.54%

2527 N SILVERADO

$475,000
Mesa, AZ 85215
3 beds2 baths1,533 sqftSingle Family
The assumable advantage
6.54%
FHA assumed rate
$89,238 interest already paid off
Estimated Loan Balance$401,880
Cash to close$73,577
Est. Monthly PITI$3,133
Initial Loan Amount$417,175
Time on site35 days
Remaining Term26 years, 9 months
Seller's equity (what you pay)
$73,120
Cash or secondary financing
Monthly savings
$147
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

Impeccably maintained and move-in ready, this Mesa gem offers the perfect blend of comfort, efficiency, and outdoor living. Enjoy tile flooring throughout, fresh interior paint, ceiling fans, solar, and a whole-home soft water filtration system. Relax or entertain in your private backyard featuring a PebbleTec play pool with waterfall, above-ground spa, misting system, and gazebo with a brand-new canopy. Conveniently located just minutes from major freeways, Target, Home Depot, grocery stores, gyms, Salt River tubing, golf course access, parks, and highly rated schools. Pride of ownership shines throughout--this is one you won't want to miss!

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 $73,120. 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 feet1,533
Property typeSingle Family
MLS #7063611
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)
$2,654/mo
Source est. payment (PITI)
$3,133/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$73,120

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

$0$73,120
Additional funds needed$0

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