Properties / 2444 E SANTA YNEZ Drive
FHA ASSUMABLERate: 7.03%

2444 E SANTA YNEZ Drive

$341,975
Casa Grande, AZ 85194
3 beds2 baths1,480 sqftSingle Family
The assumable advantage
7.03%
FHA assumed rate
$59,021 interest already paid off
Estimated Loan Balance$310,920
Cash to close$31,363
Est. Monthly PITI$2,574
Initial Loan Amount$319,113
Time on site21 days
Remaining Term27 years, 5 months
Seller's equity (what you pay)
$31,055
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

THIS HOME HAS ONE OF THE BEST BACKYARDS IN THE NEIGHBORHOOD ~ Backyard paver paths lead to separate pergolas for hot tub(1-yr NEW and stays!) & sitting area, putting green, irrigated garden planter, fruit-producing trees(Peach, Plum, Grapefruit, Orange, Lemon)! DOUBLE RV GATE with large storage area for all the toys! ALMOST NEW 3Bed/2Bath single-level MERITAGE HOME with popular ''Olive'' open floor plan in MISSION ROYALE subdivision! Tiled flooring thru-out with carpeted bedrooms. Upgraded lighting/fans. Kitchen features dark umber cabinets, granite counters, black stainless appliances, gas range, pantry & island/breakfast bar. Spacious Laundry Room. Washer/Dryer/Fridge stay! Energy-efficient North/South exposure, tankless water heater, soft water loop. Incredible community center with HUGE pool, multi-tube water slides, splash pad & playground! DON'T LET THIS ONE GO!!!

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 $31,055. 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 feet1,480
Property typeSingle Family
MLS #7069349
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)
$2,134/mo
Source est. payment (PITI)
$2,574/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$31,055

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

$0$31,055
Additional funds needed$0

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