Properties / 31071 W OSBORN Road
FHA ASSUMABLERate: 3.31%

31071 W OSBORN Road

$305,000
Buckeye, AZ 85396
3 beds2 baths1,249 sqftSingle Family
The assumable advantage
3.31%
FHA assumed rate
$38,386 interest already paid off
Estimated Loan Balance$173,066
Cash to close$132,720
Est. Monthly PITI$1,283
Initial Loan Amount$198,331
Time on site50 days
Remaining Term23 years, 10 months
Seller's equity (what you pay)
$131,934
Cash or secondary financing
Monthly savings
$923
Versus today's market rate
Est. savings per year
$11K
Versus today's market rate

About this home

Welcome to this charming 3-bedroom, 2-bath home in the sought-after Tartesso community! Offering 1,249 square feet of thoughtfully designed living space, this home features an open-concept floor plan that creates a bright and inviting atmosphere. The kitchen features stainless steel appliances including a double ovens. The kitchen flows seamlessly into the dining and living areas all showcasing the easy to care for vinyl wood flooring. The split-bedroom layout offers added privacy for the primary suite with its walk-in closet and ensuite bath with updated fixtures. Two additional bedrooms provide flexibility for guests, a home office, or hobbies. Enjoy a low-maintenance backyard with an extended patio, updated slider coverings and doggy door to a separate dog run. Security cameras convey. All the amenities Tartesso has to offer, including parks, playgrounds, sports courts, walking trails, and nearby schools are a great way to take full advantage of the neighborhood. Perfect for first-time buyers, downsizing, or investors--don't miss this opportunity.

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 $131,934. 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 feet1,249
Property typeSingle Family
MLS #7055687
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)
$876/mo
Source est. payment (PITI)
$1,283/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$131,934

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

$0$131,934
Additional funds needed$0

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