Properties / 3914 W SERPENTINE Drive
FHA ASSUMABLERate: 6.78%

3914 W SERPENTINE Drive

$650,000
San Tan Valley, AZ 85144
6 beds5 baths3,175 sqftSingle Family
The assumable advantage
6.78%
FHA assumed rate
$65,812 interest already paid off
Estimated Loan Balance$427,781
Cash to close$223,495
Est. Monthly PITI$3,499
Initial Loan Amount$436,507
Time on site50 days
Remaining Term27 years, 10 months
Seller's equity (what you pay)
$222,219
Cash or secondary financing
Monthly savings
$982
Versus today's market rate
Est. savings per year
$12K
Versus today's market rate

About this home

Take advantage of this fantastic opportunity! This stunning 6-bedroom residence welcomes you with a 3-car garage and a manicured landscape. Discover an open layout with high ceilings and stylish wood-look flooring. The kitchen boasts solid surface counters, crisp white cabinetry with crown moulding, recessed lighting, SS appliances, a pantry, and an island with a breakfast bar for casual dining. Upstairs, the loft provides a versatile space for work or relaxation. The master bedroom features soft carpeting, an ensuite with double sinks, and a walk-in closet. The front bedroom with its own bathroom, was converted to a workspace for at home treatments and is beautifully arranged. Make it yours!

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 $222,219. 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

Bedrooms6
Bathrooms5
Square feet3,175
Property typeSingle Family
MLS #7032397
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)
$2,851/mo
Source est. payment (PITI)
$3,499/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$222,219

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

$0$222,219
Additional funds needed$0

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