Properties / 21583 W MOHAVE Street
FHA ASSUMABLERate: 2.81%

21583 W MOHAVE Street

$325,000
Buckeye, AZ 85326
4 beds2 baths1,579 sqftSingle Family
The assumable advantage
2.81%
FHA assumed rate
$38,073 interest already paid off
Estimated Loan Balance$234,570
Cash to close$90,975
Est. Monthly PITI$1,612
Initial Loan Amount$265,992
Time on site35 days
Remaining Term24 years, 8 months
Seller's equity (what you pay)
$90,430
Cash or secondary financing
Monthly savings
$818
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

Discover this lovely corner-lot home in Sundance! Featuring a low-care front yard, 4 beds, 2 baths, and a 2-car garage. You'll love the excellent open floor plan, highlighted by high ceilings, a designer palette, tile floors in common areas, and plush carpet in bedrooms. The impressive kitchen is equipped with a double-door pantry, recessed lighting, espresso shaker cabinetry, granite counters, built-in appliances, and an island w/breakfast bar. Sliding glass doors provide easy indoor-outdoor living. The perfectly sized main bedroom includes a private bath with dual sinks & a walk-in closet. The backyard offers a covered patio & paver patio! With room for future landscaping, you can create a garden or play area as well. Close to shopping, dining, schools, and access to I-10. Move-in ready!

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 $90,430. 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
Bathrooms2
Square feet1,579
Property typeSingle Family
MLS #7063873
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$1,099/mo
Source est. payment (PITI)
$1,612/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$90,430

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

$0$90,430
Additional funds needed$0

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