Properties / 12600 W MADERO Drive
FHA ASSUMABLERate: 6.54%

12600 W MADERO Drive

$202,000
Arizona City, AZ 85123
3 beds2 baths1,141 sqftSingle Family
The assumable advantage
6.54%
FHA assumed rate
$50,198 interest already paid off
Estimated Loan Balance$232,784
Cash to close$0
Est. Monthly PITI$1,851
Initial Loan Amount$240,562
Time on site50 days
Remaining Term26 years, 9 months
Seller's equity (what you pay)
$0
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

MOTIVATED SELLERS;This charming home is ready for you! It features a cozy kitchen adorned with granite countertops, white cabinets. You'll find ample storage throughout the house. The spacious backyard offers plenty of room, complete with RV parking, RV gate, plus 2 walk through gates, & a dog run. A clean slate for your landscaping ideas, and NO HOA fees. This home has solar panels to help control the utilties in the Az summer months. APS Electric bill from May 2025- April 2026 May 2025 -$208.88 June 2025 -$170.29 July 2025 -$138.41 August 2025 -$108.11 September 2025 -$69.52 October 20.25 -$30.14 November 2025 $8.45 December 2025 -$192.11 January 2026 -$58.70 February 2026 $30.38 March 2026 $94.85 April 2026 $38.99

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 $0. 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 feet1,141
Property typeSingle Family
MLS #7019370
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)
$1,537/mo
Source est. payment (PITI)
$1,851/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.